Russia

Russia's EV, hybrid output may rise 1.5-2-fold in 2026 — Manturov

TASS English · 2026-09-03

AI SUMMARY

• What happened: Russia's First Deputy Prime Minister Denis Manturov announced that the production of electric vehicles (EVs) and hybrids in Russia is expected to increase by 1.5-2 times in 2026, reaching around 25,000-30,000 units. • Why it matters: This growth aligns with Russia's new automotive industry development strategy, which aims for EVs and hybrids to constitute a quarter of passenger vehicle production by 2035, indicating a significant shift towards sustainable transportation in the country. • What to watch next: Monitor the implementation of the automotive industry development strategy and any subsequent announcements regarding investments or partnerships in the EV sector as the Eastern Economic Forum progresses.

Eastern Economic ForumRussia's EV, hybrid output may rise 1.5-2-fold in 2026 — Manturov Russian First Deputy Prime Minister pointed out that the new automotive industry development strategy through 2035 envisages electric vehicles and hybrids accounting for a quarter of passenger vehicle productionVLADIVOSTOK, September 3. /TASS/. Production of electric vehicles and hybrids in Russia may increase 1.5-2-fold this year to 25,000-30,000 units, Russian First Deputy Prime Minister Denis Manturov told TASS in an interview on the sidelines of the Eastern Economic Forum (EEF). "We expect production of these vehicles at our facilities to total around 25,000-30,000 units by the end of the year, roughly 1.5-2 times as many as in 2025," he said. Looking ahead, the new automotive industry development strategy through 2035 envisages electric vehicles and hybrids accounting for a quarter of passenger vehicle production, the first deputy prime minister noted. The Eastern Economic Forum is being held on September 1-4 in Vladivostok on the campus of Far Eastern Federal University. The forum is organized by the Roscongress Foundation with the support of the Russian government. TASS is the general information partner. 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Source: TASS English
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