Qatar will soon announce the establishment of its first factory to produce electric cars, media reports said.
"Qatar is preparing next Wednesday to announce the establishment of the first electric vehicle production plant in cooperation with major Japanese companies in a move that is the first of its kind in the Arab region and the Middle East," said Ali Bin Nasser Al Missned, .
"The six million square meter plant, in cooperation with Japanese partners, will be the first of its kind in the Middle East and will be a major breakthrough for the future of the Qatari industry as it penetrates the field of automobile production and manufacturing, which was exclusive to certain countries."
The estimated cost of the plant is estimated at $ 9 billion and it is supposed to complete its full production capacity after seven years. Its production capacity in the first year will be 500,000. The number is expected to double to 1 million in the following year, to grow further after completion of all production lines, which will operate non-stop 24 hours a day.
"Qatar is preparing next Wednesday to announce the establishment of the first electric vehicle production plant in cooperation with major Japanese companies in a move that is the first of its kind in the Arab region and the Middle East," said Ali Bin Nasser Al Missned, .
"The six million square meter plant, in cooperation with Japanese partners, will be the first of its kind in the Middle East and will be a major breakthrough for the future of the Qatari industry as it penetrates the field of automobile production and manufacturing, which was exclusive to certain countries."
The estimated cost of the plant is estimated at $ 9 billion and it is supposed to complete its full production capacity after seven years. Its production capacity in the first year will be 500,000. The number is expected to double to 1 million in the following year, to grow further after completion of all production lines, which will operate non-stop 24 hours a day.
source
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