The transformation of green transportation in Central Asia is accelerating, and Uzbekistan has landed a heavyweight foreign-funded project. Chinese enterprises and local institutions jointly invest in the construction of new energy vehicle companies, laying out the manufacturing of electric buses and trucks, and helping local industrial upgrading and regional new energy market expansion.

Project implementation and production are expected

China Xiangyang Tenglong Automobile Co., Ltd., in collaboration with GIG Investments, has launched a $170 million electric bus manufacturing project in Fergana Oblast, Uzbekistan. The project is located in a local special industrial zone, covering an area of 10 hectares. The local governor and representatives from all walks of life attended the groundbreaking ceremony of the project.

The project will be constructed in two phases, with the first phase focusing on the production of electric buses. It is planned to be officially put into operation in December 2027, with a designed annual production capacity of 700 vehicles and a corresponding investment of approximately 243000 US dollars per vehicle per year. Under full production capacity, the total output in five years can reach 3500 vehicles. The second phase will expand the production line of electric trucks, continuously broaden the industrial layout, and create a large number of job opportunities for the local area.

The potential for industrial radiation is highlighted

This project is in line with Uzbekistan's energy transformation and high-end manufacturing development direction, and can fill the gaps in local new energy vehicle manufacturing and enhance independent industrial capabilities. The project breaks away from the single vehicle production mode and extends its business from urban public transportation vehicles to commercial new energy vehicles. Keywords: New energy vehicles, Central Asian industries

Relying on Uzbekistan's advantageous location in Central Asia, the project has export potential in the future and is expected to create a new energy commercial vehicle production base that radiates to Central Asia. At the same time, the implementation of the project deepens the cooperation between China and Ukraine in technology and capital, continuously expands the coverage of China's new energy industry chain in the Central Asian market, and helps promote the integrated development of regional green transportation.Editor/Min Jing