Asaka Motors International (Uzbekistan) and Rosatom’s Fuel Division (Russia) have signed a cooperation agreement to develop lithium-ion battery and energy storage system production, Rosatom announced. The deal was concluded on September 25 during World Nuclear Week in Moscow.
The partnership will focus on launching localized production of traction batteries for electric vehicles and stationary energy storage systems in Uzbekistan. The companies plan to define assembly line capacities, design a localization program for components, identify potential customers, and explore export opportunities to Central Asia and other international markets.
Founded in 2019, Asaka Motors International specializes in wholesale vehicle imports from the UAE, South Korea, and China, while also developing industrial and high-tech projects in Uzbekistan.
Rosatom’s Fuel Division, managed by TVEL JSC, supplies nuclear fuel for over 70 power reactors in 15 countries, research reactors in nine states, and Russia’s nuclear fleet. Beyond nuclear fuel, the division is also expanding into new businesses in chemistry, metallurgy, energy storage technologies, 3D printing, digital solutions, and nuclear decommissioning.
