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”Natalia Dmitrieva
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 rb.ru.
*The article has been translated based on the content of Rusbase by rb.ru. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!