As reported by the newspaper Kommersant, the assembly production of the Chinese Yutong buses will be organised at Kuzbassavto factory, which assembles small and medium-sized buses and trucks in Kemerovo region.
According to the head of the Kuzbassavto board of directors Shamil Mingazov, there are plans to start assembly production at the repurchased base of the bankrupted enterprise, where Hyundai assembly took place previously. Production of five types of buses is on the cards at the moment, alongside 8m diesel buses with 22 passenger carrying capacity.
Kuzbassavto has signed a licence agreement with Zhengzhou Yutong Bus Co Ltd on the usage of the technology and trademark.
The annual production capacity is planned as approximately 2000 buses at the facility. The investment amount is planned as around 400 million rubles, according to the statement made by the administration of the Kemerovo region. The project will be implemented within the framework of the cooperation agreement for the investment projects in Kemerovo region and the Jewish Autonomous Region, signed at the WEF – 2018.