The Ministry of Justice of Uzbekistan has unveiled plans to dramatically increase the production of electric and hybrid vehicles within the country to an annual output of 500,000 units, the ministry said on March 21. This initiative is part of a broader strategy following the presidential decree approving an investment agreement for the establishment of electric and hybrid vehicle production and their components in Uzbekistan. Uzbekistan already has a well-developed automotive sector based on Daewoo technology that was later taken over by US carmaker GM. GM exited and UzAvto is now owned by th…