Novak calls development of electric vehicles in Russia objective process and future

Russian Deputy Prime Minister Alexander Novak stated at the St. Petersburg International Economic Forum that the advancement of electric vehicles in Russia is an inevitable and forward-looking trend. He acknowledged that while electric and hybrid vehicles represent a small portion of the current market, a complete transition to electric mobility is anticipated in the future. However, Novak cautioned against immediate bans on gasoline-powered cars, emphasizing that internal combustion engines remain essential for the present.

Novak's remarks highlight Russia's perspective on the global shift towards electric vehicles and the practical considerations involved in this transition.