Avtotor is preparing to release new models

Kaliningrad Avtotor plant in early October will complete the production of Hyundai and Kia cars from the available stocks of components and reconfigure the production for new projects, which are scheduled to be launched in November.

This was stated by the founder of Avtotor, Vladimir Shcherbakov, by noting that if the situation changes, the company is ready to resume the contract assembly with current partners, the Kommersant newspaper writes. Recall that in addition to Hyundai and Kia, the plant in Kaliningrad also produced BMW cars, but their production was suspended in early March due to the geopolitical situation and the rupture of supply chains.

According to Mr. Shcherbakov, in 2023 Avtotor also plans to start the production of electric vehicles and engines for them. At the new production site, the construction of 8 plants is being completed, investments in which will be more than 5.7 billion Rubles (100 million Euros).