Automotive
More than 20 world brands have located production facilities here in Ukraine. It includes both factories for the complete development and assembly of both auto and spare parts.
There may be several reasons for this:
- large reserves of metal and other industrial materials in the bowels of the ground;
- the favorable location in the center of Europe makes logistics of finished goods profitable;
- relatively low wages.
Today in Ukraine, not only cars with domestic roots are produced, but also foreign corporations. More than 20 world brands have located production facilities here in Ukraine. It includes both factories for the complete development and assembly of both auto and spare parts.
Most of the original Ukrainian factories produce equipment for industrial needs (combines, tractors) and state (trams, trolleybuses, trains). Products of the Ukrainian auto industry are exported to many countries of the world.
Therefore, the niche for producing electric vehicles is vacant, promising, and highly profitable. The vast deposits of lithium in the bowels of Ukraine will make the investor a pioneer and iconic person in the history of our country's business.
In addition, Ukraine is in a free trade zone with the EU countries, so investing in car production in Ukraine will multiply the assets of its owner.
What needs to discover the automotive industry? Call GT Invest, of course.
