Thursday 20 September 2018

$9bn electric car plant in Qatar to reach full capacity after 7 years - The Peninsula Qatar

$9bn electric car plant in Qatar to reach full capacity after 7 years - The Peninsula Qatar:

The first plant for the production of electric cars in the State of Qatar is planned to be built on an area of 6 sq km, with an estimated cost of about $9bn, which represents the total investment until the production of the first car.

The full production capacity of the plant will be reached after 7 years, with 12 production lines running 24 hours a day. The initial production capacity of the plant will reach 500,000 cars till 2025, to reach 1 million cars by 2035. Takayuki Hirayama Chairman of the Japanese company ARM has revealed.

Director of the Environmental and Municipal Studies Center of the Ministry of Municipality and Environment Dr. Mohammed Saif Al Kuwari, stressed that the establishment of the first plant for the production of electric cars in the State of Qatar is one of the promising economic projects that support the national economy preserve the environment and achieve the Qatar National Vision 2030 and the National Development Strategy 2018 2022.

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