The Ministry of Industry and Trade of Russia has published a draft strategy for the development of the Russian automotive industry until 2035

The corresponding document is published on the portal of draft regulatory legal acts.

“The required investment for the period 2023-2035 in R&D and the organization of the production of components to ensure the release of highly localized products and ensure technological sovereignty is estimated at 2.7 trillion rubles,” the text of the document says.

According to the plan, business, with the support of the state, should provide the main amount of funding for the program.

The priority goal of the project is to ensure the technological sovereignty of the Russian automotive industry, as well as the competitiveness of the Russian automotive industry.

Earlier, Russian President Vladimir Putin spoke in favor of ensuring technological sovereignty in the production of cars.