Business news from Ukraine

Business news from Ukraine

Electric vehicle segment is growing in Ukraine

5 September , 2025  

The total volume of the electric vehicle segment (new and used cars, trucks and buses) in August 2025 amounted to 11.5 thousand, which is 12.5% more than in July this year, and 22.5% more relative to the indicators of August-2024, according to the Institute of Auto Market Research.

“11.545 thousand electric cars cumulatively is a historical volume record for our market, and the main drivers here are three: the rise in fuel prices at gas stations, the general trend of growing interest in electric cars (which consists of improving their performance and reducing market prices), as well as the approaching customs clearance with VAT, which is scheduled for January 1, 2026,” – said in a statement on the website of analysts.

It is noted that the last of these factors is probably now most actively encouraging motorists to switch to electric cars, because in just a few months they will rise in price by almost a third.

According to analysts, the growth of volumes in this segment will continue in the future because of the approaching return of VAT on the customs clearance of electric cars, and from next year we should expect some pause, a subsidence lasting several months, after which there will be a certain stabilization, which will be replaced by a trend of growth in volumes.

“At this rate, next month the total replenishment of the BEV fleet will exceed last year’s volumes, while this will happen in less than 9 months,” experts believe.

In the structure of this segment in August, the basis is made up of imported electric vehicles with mileage, the share of such 52.1%, or 6018 pcs. – This is 9.5% more than in August 2024.

The second largest sub-segment is domestic resales with a share of 30.8%, and the number of 3,561 pcs. – 31.1% more.

New electric cars took 17% (1,966 units), up 62.6%, and a new record for new electric cars.

Analysts note that as of the end of July this year, the fleet of BEV Group vehicles in Ukraine (excluding industrial electric cars, trolleybuses and rail cars) amounts to 185 thousand units.

Most of them are passenger cars – 181 thousand, electric trucks – 3.9 thousand, there are also several electric buses (8 pcs.). In addition, about 1.1 thousand units of various motorized vehicles are registered.

“Interestingly, the most in our fleet of electric vehicles Tesla – 20%, although from the beginning of ”electromobilization” and until recently the leader was Nissan, whose share is now 18.9%. The third in this list is Volkswagen with a share of 12.6%.

 

,