Why Bulgaria ?

•Historical endowments in the sector

•Good strategic location + low factor cost within the Single market (0 import-export tariffs)

•Good macroeconomic environment (currency board, low taxes)

•Access to EU funding

•Opportunity to build a regional cluster in Southeast Europe with Bulgaria as a leader

Strategy

1.Manufacturing of electric vehicles (drive-trains and batteries) and components for them;

2. Manufacturing of charging stations/battery-swap stations;

3. Conversion services;

4. Development of specialized Educational facilities in electric mobility engineering.

Full package of Adding Value - Design & R&D; Manufacturing, Testing, Marketing
Goal: Electric Mobility Industry – Headliner in Bulgarian economy in 2020. R&D

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