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5/26, 11:41 AM (Source: TeleTrader)
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Russia lists terms for Tesla cooperation

Russia's Trade and Industry Minister Denis Manturov said on Wednesday that his country is prepared for cooperation with Tesla Inc.

Speaking in an interview for the Russian weekly newspaper Argumenty i Fakty, Manturov noted that the government's key target in a potential partnership with Tesla would be to "create added value that remains in the country" and that the US company collaborates on technology localization.

Russia's goals will be expanded to creating electric vehicle charging infrastructure and fixing elements of regulatory mechanisms, such as transport tax "if Elon Musk or other manufacturers, including ours, decide on more ambitious projects in the field of light electric vehicles," Manturov revealed.

Breaking the News / MS