The electric vehicle market in Russia is gaining a larger foothold due to a multitude of factors. One main driving factor is the fact that the Russian government itself is pushing the development of electric vehicles.
Electric Vehicle Technologies has produced an electric traction motor that could open the door to broader development of electric vehicles within Russia.
The Russian economy is in a recession, with the gross domestic product (GDP) shrinking 3% in 2015. This economic downturn is widespread, with output falling in key sectors of the economy. The overall fleet demand in the Russian market is down, primarily due to the volatility in the exchange rates for the ruble and its impact on new-vehicle pricing.
Russia's national postal operator will use GAZelle Business CNG vehicles on a trial basis.
The Russian company Gazprom has approached Iran to purchase compressed natural gas (CNG) equipment.
General Electric's Wayne has supplied compressed natural gas (CNG) dispensers for the first fuel retail site at the Winter Olympic Games in Sochi, Russia, the company announced.
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