Yo-Auto Announces Another Hybrid Factory

With the first sale of his Russian Yo-Mobile hybrid car due in December this year, billionaire Mikhail Prokhorov said he will invest in a new assembly line for his inexpensive “peoples’ cars.”

“The next Yo-mobile plant must be built in the Far East to develop local innovation production,” Prokhorov said at a press conference in Russia.

Yo’s existing plant in St. Petersburg is capable of turning out approximately 45,000 vehicles annually, and this facility is also to be expanded to make way for twice this number.

Top speed for the little CNG or petrol-capable hybrids is 75 mph, and mpg as high as 67 is said to be possible.

As we previously said in a longer report, the first model is to be priced reasonably – although a more recent report has bumped initial reports of “under $10,000” to a still modest $12,000-$14,000.

With an estimated 0-62 mph time ranging between 8-14 seconds, specifications appear to vary widely, but cheap to buy and operate sound like a potential winner, and could explain why the company is now looking for more Yo-mobile production capacity before it has delivered its first one.

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  • Capt. Concernicus

    Good for the Russians I guess.

  • mobini

    we are interested to Yo-Mobile Hybrid CNG cars to have in Iran.
    technical specification, price and condition for after sale services, etc. for 10000. of them is needed.

  • taudor

    It has a really nice design and I am sure that there are a lot of customers that would like to have one just like this. I am sure that they are not so affected about the fact that this is a hybrid car 🙂
    Pret Aer

  • andreas constantinou


  • jones22

    The hybrid cars are definitely in big demand. This is why this other factory is coming. I think this is so amazing to see. Keep up the good work.florida short sale

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