During the international industrial exhibition INNOPROM 2022, KAMAZ PTC and Novikombank, a captive bank of State Corporation Rostec, signed an agreement.

The total sum of five billion roubles is to be issued by the bank to finance the current activity of KAMAZ PTC, the document says.

To introduce groundbreaking technologies is one of strategic goals of KAMAZ PTC. The company invests in a vehicle line, research and development. In 2021, KAMAZ launched new models of K5 trucks. It is currently boosting electric bus production. The green fuel-cell public vehicle KAMAZ-6290 has been developed.

One of the latest developments made by the company is an unmanned mining truck. Driven by a hybrid power unit, the vehicle is controlled remotely by an operator. The novelty got the name Jupiter 30. Miners can use this truck for transportation of broken rock and ore.

'Today's most significant activity of NOVIKOMBANK is to support systemic companies. We appreciate expansion of cooperation with KAMAZ PTC placing their trust in us and offering high quality services. The agreement we have signed with the Russian top truck maker will help the company solve strategic development issues,' said Elena Georgieva, Chairwoman of the Board, Novikombank, and Supervisor of Voronezh Regional Office, the Union of Machine Engineers of Russia.

(C) 2022 Electronic News Publishing, source ENP Newswire