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%.
JSC OTP BANK offers favorable financing conditions for those who want to drive a modern and reliable used electric car as soon as possible without overpaying for a loan. The reduced interest rate is a strong argument in favor of purchasing an eco-friendly car with the support of the Bank, said Vitaliy Skorobohatyi, Head of Car Lending Development Department of OTP Bank.
“An electric car on credit is not only about the opportunity to become the owner of a car today and about comfort, but also about a profitable investment in the future. At OTP BANK, we have created conditions that really help our customers make this choice easier: a reduced interest rate, a minimum down payment, no requirements for hull insurance and car age. This means that you can buy an electric car quickly and without hidden overpayments. We are happy to support customers who choose environmentally friendly solutions,” said V. Skorobohatyi.
Terms of lending for used electric cars at OTP BANK:
Buying an electric car is not only about caring for the environment and sustainable development, but also about a number of benefits for the owner. Such cars combine modern technological solutions that make driving comfortable, convenient, and much quieter than traditional cars. It also saves on fuel and car maintenance.
How can I quickly find out my loan amount?
You can calculate the preliminary amount of financing in just one minute using a convenient bot or calculator on the OTP BANK website. The Bank’s specialists will provide detailed advice on the loan and help you choose the optimal term and amount of monthly payments.
The client receives the final decision of the Bank on the possibility of financing and the transfer of funds for the car within one day.
We would like to remind you that OTP BANK offers from UAH 10,000 to UAH 1,000,000 loan for any used car. It is also possible to become the owner of a new car from a car dealership with the support of the Bank. The motorcycle season is in full swing, so the financial institution has prepared favorable conditions for those customers who are interested in buying a motorcycle on credit.
Which brands are in the greatest demand?
A record 20.8 thousand electric cars were imported to Ukraine in 5 months of 2024. Despite the power outage, the demand for electric cars has grown 2.1 times over the year.
The number of electric cars is growing from year to year. This year, a record number of 20,785 such cars were imported. This is 2.1 times more than in the same period in 2023, when 9,736 electric cars were imported.
In total, electric cars account for 12.9% of the total number of imported cars.
Among all electric cars, TESLA is the most popular among Ukrainians – 4,742 cars. VOLKSWAGEN is in second place: 3,194 electric cars, and NISSAN closes the top three with 3,034 electric cars. The most popular models among electric trains are the NISSAN LEAF, TESLA MODEL 3 and VOLKSWAGEN ID.4.
Lviv region became the leader among the regions in the import of electric cars – 13.5%, followed by Kyiv (13.1%) and Odesa region (9.3%).
American Tesla recalls up to 2.2 million electric cars, including the Cybertruck pickup trucks released this year, due to incorrect font size of warning messages on the dashboard, according to a report on the website of the National Highway Transportation Safety Administration (NHTSA).
The font of the messages is too small, which can make it difficult to read critical information and thus increase the likelihood of an accident, the document said.
The recall is being conducted through a free remote software update and affects some of the 2012-2023 Model S, Model X (2016-2024), Model 3 (2017-2023), Model Y (2019-2024) and Cybertruck (2024) vehicles.
Tesla delivered 1.8 million electric vehicles worldwide in 2023.
Shares of the automaker are down 0.8% in pre-market trading on Friday.
Initial registrations of electric cars in Ukraine in January-June tripled compared to the same period of 2022 – up to 12.6 thousand units, including 2.8 thousand were new cars, 9.8 thousand – used , reported “Ukravtoprom” in Telegram channel.
At the same time, the share of new cars increased to 22% from 18% in January-June-2022.
As reported, in January-June 2022, 4.145 thousand electric cars were registered – 14% more than in the first half of 2021.
According to the association, the top 5 new electric cars of the first half of this year were formed by Volkswagen ID.4 (899 units), DongFeng/Honda M-NV (497), Volkswagen ID.6 (168), Honda e (146) and BMW iX – 87.
In the used segment, the Nissan Leaf (1,921 units) leads steadily and by a wide margin. Next are Volkswagen e-Golf (940), Tesla Model 3 (908), Volkswagen ID.4 (724) and Tesla Model Y – 637.
Earlier “Ukravtoprom” also reported in the Telegram channel that in the market of new passenger cars in Ukraine in January-June the share of electric cars increased by 4 p.p. – to 10%, the share of hybrids increased to 18% (by 5 p.p.), while the share of cars with gasoline engines decreased from 57% to 49%, diesel cars – to 22% (by 1 p.p.),
“The growing demand for hybrids and battery-powered cars is rapidly changing the structure of the market,” Ukravtoprom noted.
As reported, Ukrainians in 2022 bought 13.6 thousand electric cars – 1.5 times more than a year earlier, while the share of new ones increased to 17% from 14%.
Primary registrations of electric cars in Ukraine in May increased by almost 15% compared to April this year – up to 2,451, while demand for new ones increased by 23% – to 559, and for used ones – by 13% – to 1,892, Ukravtoprom reports in Telegram channel.
Thus, the share of new cars in the total registrations of electric cars last month rose to 23% compared to 21% in April.
Earlier it was reported that in April 2023 there was a decline in demand for new electric cars by 14% compared to March, while demand for used cars increased by 21%.
The top five new electric cars in May formed Volkswagen ID.4 (168 vs. 129 in April), DongFeng/Honda M-NV (107 vs. 53), Volkswagen ID.6 (23 vs. 36), Honda e (23 as in April) and BMW iX – 18.
In the used segment, the Nissan Leaf consistently leads (388 vs. 366 in April). Next are Volkswagen e-Golf (259 vs. 145), Tesla Model 3 (144 vs. 156), Renault Zoe (123 vs. 113 units) and Tesla Model Y – 119.
According to the Association, a total of about 9.5 thousand vehicles were first registered in Ukraine in January-May 2023, of which 24% are new and 76% used.
As reported, Ukrainians in 2022 bought 13.6 thousand electric cars – 1.5 times more than a year earlier, with the share of new cars rose to 17% from 14%.
