http://www.bangkokpost.com/breakingnews/211123/russia-first-hybrid-car-unveiled

Russia's first hybrid car unveiled

Published: 13/12/2010 at 11:33 PM 
Russian billionaire Mikhail Prokhorov on Monday unveiled a new hybrid car that 
is due to come on the market in 2012, a first in a country where motorists 
often show scant regard for the environment.
The E-Mobile is a joint venture between Prokhorov's financial holding company 
Onexim group and the carmaker Yarovit-Motors. The hybrid operates on a 
combination of electricity and petrol (gasoline).

Mass production is due to be launched in the second half of 2012. The maximum 
price per unit will be 450,000 rubles (14,500 dollars), said Andrei Biryukov, 
the director of E-Auto.

The company's symbol is the Russian letter ``Yo'' written as an 'E' with two 
dots on top.

Biryukov said total investment will amount to 150 million euros (200 million 
dollars) for the construction of the first assembly plant.

The group expects to produce 10,000 units annually. Three prototype models were 
unveiled on Monday _ a two-door car, a mini-van with five seats and a small 
cargo van.

The new car is in line with President Dmitry Medvedev's call on business to 
innovate and help the country economy wean itself of a reliance on hydrocarbons 
for energy and transport.






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