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From the transcript:

Mikhail Mishustin: Good afternoon, dear colleagues!

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Meeting “On the further development of KAMAZ PTC taking into account modern trends in the field of electric propulsion”

Today we got acquainted with the key production facilities of KamAZ – the legendary KamAZ. We saw how the engines, cabins and other important elements of our world-famous trucks are assembled. And of course – the main conveyor. Now we will discuss the further development of the entire enterprise, including one of the most promising areas – the production of electric vehicles.

Like many other industries, the auto industry is actively recovering. Overcoming the effects of reduced demand due to coronavirus. People buy cars, and organizations buy trucks, construction and utility vehicles.

Both the President and the Government are very active in supporting the auto industry. This is one of the industries where positive production dynamics affects a large number of related industries and has a large multiplier effect. Promotes employment, technology upgrades, and the emergence of new technologies in general. We are implementing three special programs here – “Concessional Lending”, “Concessional Leasing” and “Program for Subsidizing Gas Engine Vehicles”. Approximately every 11th new car in Russia is sold thanks to these measures (out of 581 thousand units under three incentive programs, 54 thousand were sold in January-April of this year). This is a very good result.

the trip

Mikhail Mishustin visited production plants of KamAZ in Naberezhnye Chelny

Of course, KamAZ also receives substantial support. Only for the property contribution through “Rostec” was allocated 4 billion rubles. Also, significant resources were directed to support leasing, payment of interest on loans and coupon income. Credit resources are very important for KamAZ, because a very large number of foreign partners are going to purchase new equipment. And this credit resource is very necessary. Sergei Anatolyevich and I have talked about this many times. We have also helped with lower transportation costs and the production of gas powered machines.

The results of such assistance are clearly visible in the work of his enterprises. In the first four months of 2021, truck production here grew by almost 40%. KamAZ, of course, remains the undisputed leader in its segment and is expanding – seriously, systematically expanding its exports.

Soon this enterprise, like many others, will have to face new serious challenges – these are the challenges of the future. This is a request for unmanned vehicles. Or increasing environmental requirements for cars – to reduce the negative impact on the environment.

To be continued…

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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