Vučić: "Electric cars will be produced in Kragujevac"; "A new era begins"

"This day is very important for Serbia, today we are starting a completely new era in investments in our country. Today we signed an agreement on financing an electric car that will be produced in Kragujevac. Now there is a transition period until 2023, and from 2024 we will start production of one model", said Vui.
As he said, Serbia will now keep pace with the most developed world and have a final manufacturer of electric cars. As he pointed out, the car will be intended for the middle class.
"A new era is beginning for us and in our behavior, we have to start preparing Serbia for electric and slightly hybrid cars. We have to think not only about the density of charging stations, because how to convince someone in Babusnica, Ljubovija to buy an electric car, and it is important because of the environment, if he can't see the charging stations not far from his house, "he added.
Vui said that we must change all our strategic plans related to energy.
In that regard, he reminded that the price of an electric car is significantly higher than those with a classic engine of the same class.
We have to think about the price of electricity, to have cheap electricity, i.e. cheaper than others, and in order to achieve that, we have to have more renewable energy, to start building reversible power plants. We have a lot of work and things ahead of us in order to be fully prepared, because in 2035 there will be no vehicles other than electric ones. Until 2030, we will keep classic motors, after that we will only have electric motors", he added.
Vui explained that those vehicles have special batteries that carry 40 percent of the price of the car.
"This is a new investment in the amount of 190 million euros, Serbia will give 48 million...