Business news from Ukraine

Demand for electric vehicles in Ukraine increased by 14% in July

9 August , 2024  

In July 2024, registrations of electric vehicles (new and used) in Ukraine amounted to 4,787 thousand, which is 14% more than in June this year and 38% more than in July last year, Ukravtoprom reported on its Telegram channel.
As reported, in June 2024, the demand for electric vehicles was slightly higher than in May this year, and by June 2023, it had increased by 35%.
Market experts attribute a certain recovery in demand for electric vehicles last month to the government’s initiative to introduce a military tax on buyers during the first registration of cars, including electric vehicles, which are not subject to taxation in Ukraine (except for a small excise tax).
According to Ukravtoprom, the share of new cars in electric car registrations was 21%, up from 17% in June 2023 and 19% in June of this year.
The bulk of the electric vehicles registered during the month were passenger cars – 4,684 thousand units (new – 980 units, used – 3,704 units), and only six of 103 commercial electric vehicles were new.
The top five new electric cars in July were Honda M-NV – 239 units (140 units in June), BYD Song Plus – 127 units (62 units), Nissan Ariya – 118 units (91 units), Volkswagen iD.4 – 88 units (71 units) and Zeekr 001 – 69 units.
The most popular five used cars were Nissan Leaf – 529 units (410 units in June-2024); Tesla Model 3 – 433 units (419 units); Tesla Model Y – 419 units (367 units); Tesla Model S – 217 units (196 units) and Volkswagen e-Golf – 209 units (208 units).
In total, in January-July, more than 29.2 thousand units of vehicles with battery power sources were registered for the first time in Ukraine (82.5% more than a year earlier), with new vehicles accounting for 20%.
As reported, in 2023, according to Ukravtoprom, registrations of electric cars in Ukraine increased 2.8 times to 37.6 thousand, with new ones accounting for 20% compared to 17% a year earlier.