Polish state-owned energy companies are to launch a factory producing electric vehicles which could cost some PLN 4.5 billion (EUR1.03 bn), the Dziennik Gazeta Prawna daily has reported.
Most of the amount would come from energy companies, which are shareholders in ElectroMobility Poland, according to the daily.
ElectroMobility Poland was launched in October 2016 by the country’s largest energy companies: PGE, Energa, Enea and Tauron.
The project’s main aim is to develop a Polish electric vehicle. The Polish government, which has said it aims to have one million electric cars on the country’s roads by 2025, is also involved in the ElectroMobility project.