electric/hybrid

Moldova Attracts €20M for First Electric Vehicle Charging Station Factory

During Moldova Business Week 2025, a memorandum of understanding was signed between Zener Group, New Energy Technology, and Horizon Auto, outlining the launch of a €20 million investment project.
Electric cars charging up.
Courtesy of Invest Moldova

The project, to be implemented in Strășeni, will establish the first manufacturing facility in the Republic of Moldova dedicated to components for electric mobility infrastructure. The facility will produce equipment for charging stations and energy storage systems for electric vehicles, with a strategic export orientation towards the European market.

This investment represents a major Chinese project in the Republic of Moldova in recent years, exceeding by more than 20 times the level of investment capital previously attracted from this country. The Moldovan-Chinese strategic partnership not only highlights the growing interest of Asian investors in the local market, but also reflects the maturing investment climate in the Republic of Moldova, capable of attracting large-scale projects in high-tech areas, as well as the strategic location of the Republic of Moldova — nearshoring, which played an important role in the decision-making process regarding the geographical location of the investment.

Recent data confirms Moldova's focus on high-value technologies and its strengthening role in electric mobility supply chains. Imports from China include high-tech goods such as smartphones and photovoltaic cells, while Moldovan exports of EV components have grown by more than 50% in the last five years, with the Netherlands, Ukraine, and Romania as the main destinations. This development confirms Moldova's gradual integration into European value chains and opens up prospects for strengthening bilateral cooperation with China in high-tech and green transition areas.

In turn, the representative of the Chinese company, Mu Dayong, highlighted the strategic prospects of the project, saying, "We are investing €20 million to build a modern, fully automated factory for the European market. Our goal is to develop a solid production base here for energy charging and storage technologies, contributing both to the development of the region and to the integration of the Republic of Moldova into European value chains."

The Strășeni factory will create dozens of direct jobs, given the high level of automation and semi-automation of the assembly line. The positions will be mainly in electrical and electronic engineering, logistics, and production management. At the same time, the investment will generate indirect benefits by developing local suppliers and increasing exports of technologies and components for electric vehicles.

The project contributes significantly to the development of the green technology sector in the Republic of Moldova and to increasing the country's economic capacity in the field of electric mobility. Through the involvement of Invest Moldova Agency, which facilitated dialogue with investors and supported the implementation of the project, the investment reflects the authorities' commitment to supporting strategic partnerships and creating favorable conditions for attracting foreign capital in high-tech sectors.

 

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