A Rosatom subsidiary, Rener, bought about 23% for 6.2 billion rubles in JSC Kama, the developer of Atom electric vehicles. The company’s shareholders are not disclosed, writes Kommersant.

“Daughter” of “Rosatom” invested 6.2 billion rubles in the developer of electric vehicles “Atom”

Serial assembly of Atom electric vehicles is scheduled to start in 2025. The last assembly site was called the Moskvich plant.

Rosatom called the deal “a relatively small investment in a promising project.” The company also highlighted the synergy effect for its electric vehicle component production business.

Experts differ in their assessment of the actual cost of the project: some argue that Rosatom’s purchase price is right for the market, while others estimate Kama at $100-$150 million.

  • The manufacturers of electric passenger vehicles in Russia Motorinvest, Moskvich and Avtotor also intend to produce charging stations. The start of the works is scheduled for 2023-2024.

  • In Moscow, in early July, they developed a charging station for several electric vehicles at once. The station is capable of charging three electric vehicles at the same time, the average charging time is from 10-20 to 40-60 minutes.

  • Developers may be required to install EV charging stations near residential buildings during their construction phase. This idea is being developed by the Ministry of Construction; the department is also considering the possibility of allowing the installation of stations without the consent of the owners.

Author:

karina pardaeva

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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