Industry

China to Introduce 50% Tax on Electric Vehicle Purchases from 2026

China to Introduce 50% Tax on Electric Vehicle Purchases from 2026

Tax breaks for electric vehicles in China will end in 2025 - this could cause a surge in sales and rising lithium prices

Avtotor Prepares an Inexpensive Electric Car

Avtotor Prepares an Inexpensive Electric Car

It will be built on the base of the Chinese JMEV EV3

AvtoVAZ stated that the new EU sanctions will not affect the company's operation

AvtoVAZ stated that the new EU sanctions will not affect the company's operation

The restrictions affected the concern and its president, Maxim Sokolov

At AvtoVAZ, machine operators became cleaners

At AvtoVAZ, machine operators became cleaners

Workers were forced to clean basements and wash oil off conveyors - management explains this by "preserving jobs"

AvtoVAZ ready to open up to seven assembly sites abroad

AvtoVAZ ready to open up to seven assembly sites abroad

High key rate of Central Bank hinders project implementation

AvtoVAZ Announces Return to Five-Day Work Week Schedule

AvtoVAZ Announces Return to Five-Day Work Week Schedule

The manufacturer switched to a reduced work schedule in late September 2025

"Urals" to Hit African Roads: Russia Prepares Truck Assembly in Uganda

"Urals" to Hit African Roads: Russia Prepares Truck Assembly in Uganda

New Production to Improve East African Transport Infrastructure and Create Jobs

15 billion rubles to be invested in UAZ production over two years

15 billion rubles to be invested in UAZ production over two years

Construction of a new press line has begun at the Ulyanovsk enterprise