On July 6, the First Deputy Prime Minister of Russia visited the Republic of Tyva and discussed the development of the Tastygskoye deposit to produce lithium concentrate. It can cater to both domestic as well as overseas markets. The Tastyg deposit in Tyva is one of the largest lithium deposits in Russia. 
Based on p

On June 30, multiple sources reported that the Russian government has added Daimler Truck to the list of companies against which it is imposing economic sanctions. Daimler Truck had a joint venture with Kamaz in Russia. In 2022, it exited the Russian market and transferred its share to its partner.
Based on multiple

On Jun 20, the Industrial Development Fund (IDF) announced that it would provide a preferential loan of RUB 949 million to Omsky Kauchuk, a part of the Titan Group, to localize new low-molecular polyisobutylene production in Omsk.
The Titan Group of Companies will create an import-substituting production of low-molec

On June 20, multiple sources reported that Great Wall Motors signed an agreement with the Tula Region of Russia during the St. Petersburg International Economic Forum (SPIEF) to build a plant to produce automobile components and transmissions in the Uzlovaya industrial park in the Tula region. It will create 1,000 ne

On June 19, NAMI, the leading scientific and engineering center of the transport industry of Russia, announced that it had signed an agreement on the further development of the enterprise OOO Roslavl Braking Systems. The plant produces braking equipment for trucks and buses for companies like KAMAZ, URAL, GAZ, and ma

On June 17, the Prime Minister of Russia announced that Russia allocated over RUB 350 billion, primarily to subsidize production, including those abandoned by foreign companies. As a result, Russia has already launched 10 modern sites - in Tolyatti, Izhevsk, Moscow, St. Petersburg, Tula, Kaluga regions, and several o

On May 15, Industrial Development Fund (IDF) announced that Ural automobile plant launched two production sites to produce components for truck drive axles in Miass, Chelyabinsk Region. It will produce brake drums, hubs, cups and journals. Ural is also working on creating its own import-substituting production of dri

On May 2, Rosatom State Corporation announced that the construction of the first Russian gigafactory for the full-cycle production of lithium-ion batteries is actively continuing. About 80% of the construction of all buildings and structures has been completed. It expects to launch pilot production by the end of 2025

On May 7, the Russian Ministry of Industry and Trade, the Government of St. Petersburg, and the Romanov joint-stock company signed a special investment contract (SPIC), within the framework of which serial production of civilian cargo chassis with increased cross-country ability under the BAZ brand will be organized

On April 2, the Ministry of Industry and Trade of the Russian Federation announced the opening of a new production facility for brushless electric motors in the Kaluga Region. The motors manufactured at this new facility are designed to be highly efficient, reliable, and environmentally friendly, making them suitable

On March 16, the Russian Ministry of Industry and Trade, together with the Qatar Chamber of Commerce and Industry, organized a meeting of Russian and Qatari businesses. During the event, domestic companies presented specific initiatives, as well as promising projects and areas of cooperation in such areas as the auto

On March 4, the Industrial Development Fund (IDF) announced that it would provide a preferential loan of RUB 567.5 million to the Russian company Avtopribor Iskra. The funds will be used to create a production facility in Tolyatti for car generators for Lada Vesta, Granta, and Largus.
Total investments in the project

On February 27, the Ministry of Industry and Trade of Russia, the Government of the Republic of Tatarstan and the RUSNANO Group signed a trilateral agreement on the development of a domestic component base for the automotive industry.
 A new R&D center will be created at the Idea Technopark in Kazan, which will devel

On February 27, the Industrial Development Fund announced that the Russian Ministry of Industry and Trade will focus on addressing issues related to "whitening" the Russian auto components market and enhancing its tariff protection, as part of efforts to find a balance between imports and domestic production. 
The he

On February 18, multiple sources reported that the Russian Deputy Prime Minister met with the government officials of Iran. They discussed cooperation in energy, aircraft manufacturing, and Russian car makers’ entry into the Iranian market. Russian Deputy Prime Minister stated that he discussed Russian car manufactur

On February 11, the Governor of the Kaluga Region met with the President of Russia. During the meeting, he stated that the former Volkswagen plant is expected to produce over 110,000 cars in 2025.  The Peugeot-Citroën facility will assemble 25,000 Haval vehicles under contract. Besides, more than 2,000 trucks have al

On November 25, the Russian Ministry of Industry and Trade announced that it is supporting auto component manufacturers with approximately RUB 600 million to support the import substitution of auto components.
LADAPLAST-T enterprise from the Samara Region is developing technology to produce seat adjustment mechanisms

On November 8, multiple sources reported that Rostec State Corporation is planning to build a car plant jointly with a Chinese company in Siberia or the Moscow region. 
Representatives of the Russian corporation recently returned from a business trip to China. They visited a plant of a large automobile manufacturing

On November 7, multiple sources reported that the Kaluga Region Governor stated that Automobile Technologies (former "PCMA Rus") will soon begin assembling new cars of a Chinese brand popular in Russia. The plant will also recruit new employees. The Chinese company name was not disclosed. He said that the partnership

On October 22, multiple sources reported that the Russian Direct Investment Fund (RDIF) partnered with a major developer and manufacturer of components for electric vehicles from China. The partnership was announced during the BRICS summit.
RDIF will support the manufacturer's entry into Russia and the formation of a