Business news from Ukraine

Business news from Ukraine

Demand for electric vehicles in Ukraine increased by 14% in February, share of new ones decreased

10 March , 2025  

Initial registrations of electric vehicles (new and used) in Ukraine in February 2025 increased by 14% compared to February 2024 – up to 4,488 thousand units, UkrAutoprom reported on its Telegram channel.

Compared to January of this year, when 3,637 thousand electric vehicles were registered, the demand for them increased by 23%.

At the same time, according to the Association, the bulk of registered electric vehicles last month were passenger cars – 4,360 thousand units, of which 632 units were new (31.7% less than in February 2014), and 3,728 thousand were used (26% more).

Among the 128 commercial electric vehicles, 9 were new (in February 2014, two out of 43 units were new).

Thus, the share of new cars in the total registration of electric vehicles in February decreased to 14.3% compared to 24% in February 2024 and 18.8% in January this year.

The top five new electric vehicles on the market in February were BYD Song Plus EV – 115 units; Zeekr 001 – 65 units; Zeekr 7X – 41 units; Volkswagen ID.4 – 56 units, ZEEKR 001 – 46 units and Volkswagen ID.Unyx – 45 units.

The top five newly registered used electric vehicles were Tesla Model Y – 430 units; Tesla Model 3 – 429 units; Nissan Leaf – 407 units; Hyundai Kona Electric – 245 units; and KIA Niro EV – 231 units.

A significant decline in sales of new electric vehicles is also noted by the AUTO-Consulting information and analytical group – according to its data, in February, a decrease of 37% was recorded (with an overall drop in the new passenger car market by 20%), and their share decreased to 15.6% from 20% in February 2024.

As reported, according to UkrAvtoprom, in February 2024, the demand for electric vehicles in Ukraine increased 2.3 times compared to the same month in 2023 – to 3,924 thousand units, with the share of new vehicles remaining at 24%.

Last year, according to UkrAutoprom, registrations of electric vehicles (new and used) increased by 38% compared to 2023 to 51.7 thousand units, including 37% of passenger cars to 50.458 thousand, 64% of commercial vehicles to 1.264 thousand, and two electric buses were registered. The share of new vehicles was 20%.