Sberbank bought the developer of “Yo-mobile” | Rusbase

Sberbank through Digital Assets bought the Yo-Engineering company from the Belarusian Keiji Impex, which was developing the domestic hybrid Yo-mobile. The deal was announced by Kommersant. The investment amount has not been disclosed

Sberbank bought the developer of “Yo-mobile”

The team of chief designer Andrei Ginzburg worked on the Yo-mobile at the Yo-Engineering base in the early 10s. Then Mikhail Prokhorov invested in the project, the investment amounted to about € 150 million. Less than a dozen hybrid cars were produced, then in 2014 the ONEXIM Prokhorov group withdrew from the project, and did not reach mass production.

Recently, Yo-Engineering has been working on the creation of a Belarusian electric car based on Geely. It is clarified that the company retained patents for the power unit, in particular for the “supercapacitor”. The experience of the team of auto engineers is also valuable, sources told Kommersant.

Representatives of Sberbank confirmed to the publication that Yo-Engineering will strengthen the direction of Sber Automotive Technologies (SberAutoTech) and will be involved in the development of a platform for autonomous vehicles, unmanned vehicles and technologies.

Earlier, Cognitive Pilot, a joint venture between Sberbank and Cognitive Technologies, decided to freeze the project of autopilots for vehicles due to the lack of necessary government regulation.

Photo: Sergii Chernov / Shutterstock

Source: Rusbase by

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