Mobility

TMD Group to produce components for Mitsubishi Motors electric cars

TMD-Group Mitsubishi-Motors-electric-cars

Photo: TMD Group

Published

February 27, 2020

Comments

comments icon

0

Share

Published:

February 27, 2020

Comments:

comments icon

0

Share

TMD Group will produce components in Bosnia and Herzegovina for electric cars manufactured by Japanese automotive giant Mitsubishi Motors.

According to local media, TMD has recently started the construction of a new facility, an investment estimated at BAM 20 million (EUR 10.2 million).

Test production at the company’s existing facilities in Gradačac has already begun

Adem Hanić, TMD Group CEO, said test production at the company’s existing facilities in Gradačac has already begun. The company is making rotors for drive motors in electric vehicles (EVs).

Production at full capacity is planned for June 2021

Production at full swing is planned to be reached in June 2021 and it is agreed to last seven years, Hanić added.

The opening ceremony for the construction of the new production facility was attended by prime ministers of the Federation of BiH, Fadil Novalić, and the Tuzla Canton, Denijal Tulumović.

Tuzla Canton will reduce taxes on electric cars and build charging infrastructure

According to Tulumović, the cantonal authorities were the first in BiH to amend the law and reduce taxes on electric vehicles in order to increase their number.

The canton and a group of investors reached a deal to install a charging station for EVs in Tuzla, and the plan is to put more of them in other cities and municipalities.

It would create the infrastructure for the mass use of EVs, which would certainly contribute to the reduction of air pollution, said Tulumović.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

tesla robotaxi elon musk

Elon Musk showcases Cybercab robotaxi

11 October 2024 - At the event called We, Robot at the Warner Bros. studio near Los Angeles, the company also unveiled the Robovan and humanoid robot Optimus

Kempower Koncar croatia western balkans ev chargers satellite

Kempower, Končar sign contract on rollout of EV chargers in Western Balkans

01 October 2024 - Finnish DC fast-charging solutions provider Kempower has joined forces with Croatia's power engineering specialist Končar

Third Von der Leyen European Commission green transition environment Teresa Ribera

Third of Von der Leyen’s next European Commission to handle green transition, environment

18 September 2024 - Spain's Teresa Ribera and Demark's Dan Jørgensen are Ursula von der Leyen's picks for the top energy jobs in the next European Commission

carmakers renewable fuels germany

German carmakers call for more ambitious targets to boost renewable fuels

26 August 2024 - With renewable fuels, the existing stock of vehicles with combustion engines can be operated in a largely climate-neutral manner, says VDA