The serial production of Zetta, Russia’s first electric car, will be launched in the city of Togliatti in late 2020, according to Russian Industry and Trade Minister, Denis Manturov. He said that the company requested additional investment of 100,000 million rubles ($1.3 million) and the request will be considered by the Industrial Development Foundation in late August.
Rossiyskaya Gazeta earlier said that the entry-level car would cost 450,000 rubles ($6,000). Speaking about the possibility of exporting the Russian-made cars, Manturov said this option had been included in the initial business plan for the project.
