Displaying items by tag: Russia

Friday, 11 November 2022 04:15

Atom: The new Russian car

Joint-stock company Kama published an official press release announcing the future electric car, and at the same time a teaser was shown.

It was announced that the compact car was named Atom, writes Autoblog.

"Atom - that's what we named our electric car. Atom includes the creation of a digital environment for new mobility and the electric vehicle itself," commented Igor Povarazdnjuk, CEO of AD Kama.

It was announced that the "international engineering and technical team" of the project includes more than 250 automotive designers and IT developers who have "experience in the implementation of the largest projects in the fields of electric transport, mobility and ecosystems in Russia, China, Europe and the USA".

The announcement does not mention this directly, but it is possible that production will be organized in the former Ford factory. Apparently, Atom electric cars are planned to be used by, among others, car sharing, delivery companies and taxi companies.

Functional prototypes should be presented in the 3rd quarter of next year.

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Thursday, 29 September 2022 05:38

Mazda is leaving Russia

Asian media reports that Mazda will sell its stake in the Russian joint venture to local carmaker Sollers.

The Japanese automaker has been looking for ways to wind down its Russian operations since the invasion of Ukraine in February. In March, they confirmed that the export of parts to the Vladivostok factory would end and that production would cease when these stocks were used up. The factory produced around 29,000 vehicles in 2021, Nikkei Asia reminds.

According to media reports, Sollers is currently negotiating with Mazda to buy out its share in the joint venture.

"Sollers Auto has already developed a plan to restart the plant for the production of other car brands and negotiations on this matter are currently being concluded," Sollers confirmed in a statement.

Mazda's move to leave Russia comes shortly after Toyota confirmed it was also pulling out of its Russian operations. Toyota highlighted difficulties in obtaining parts and the need to compensate workers, stating that there is no prospect of resuming production in the near future due to the parts shortage.

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