Business news from Ukraine

Business news from Ukraine

Ministry of Development has identified expansion of electric vehicle charging infrastructure as priority

The Ministry of Community and Territorial Development has made the development of electric vehicle charging infrastructure a priority to support the rapid growth in the number of private electric vehicles, Deputy Minister Serhiy Derkach noted following his participation in the “Electro-Perspective 2026” forum, which took place in Kyiv this week.

“The private electric vehicle market has grown about 10-fold over the past 5 years. The network of electric charging stations is developing proportionally: by the end of last year, there were already 11,000 of them, although just a few years ago there were only 3,000,” he wrote on Facebook on Saturday.

“It is precisely the development of the electric charging infrastructure that motivates buyers to consider electric vehicles. And this is our priority,” Derkach emphasized.

He noted that the National Transport Strategy 2030 has identified the development of electric transport as one of its priorities. According to him, from the state’s perspective, this means increasing the share of electric vehicles while reducing the total number of cars by replacing them with public transportation for passenger transport in cities.

The Deputy Minister noted that the EU will not require a specific percentage of electric vehicles but will mandate the construction of parking spaces with electric charging infrastructure.

“These are long-term and costly projects that we are already beginning to work on. Ukraine has its own manufacturers of electric charging stations. However, their number does not meet the demand. For example, we have one electric charging station for nearly 33 electric vehicles. In European countries, there are up to 10 vehicles per station,” Derkach described the situation.

He noted that the Ministry of Development has already drafted a Concept for the Development of Electric Transport in Ukraine, which will be submitted to the government for review in the near future.

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Electric vehicle registrations in Ukraine fell by 57% in May

In May, 2,652 electric vehicles (new and used) were added to Ukraine’s vehicle fleet, which is 57% less than in May 2025 and 12% less than in April of this year, Ukravtoprom reported on its Telegram channel.

As previously reported, in April of this year, initial registrations of electric vehicles showed a 49% increase compared to March 2026, although compared to April 2025, they fell by 48%—to 3,007 units.

According to Ukravtoprom, in May, passenger cars traditionally accounted for the majority of registered electric vehicles—2,495 units (of which 466 were new and 2,029 were used), while only ten of the 157 commercial electric vehicles were new.

The most popular new electric vehicles in May were the BYD Sea Lion 06—64 units (73 units in April of this year), the BYD Leopard 3—57 units (96 units), the Zeekr 7X – 39 units, the Toyota bZ4X – 30 units (neither of which made the top five in April), and the Volkswagen ID.UNYX – 24 units (36 units).

Among used vehicles, the most frequently registered for the first time were the Nissan Leaf – 310 units (345 units in April of this year); the Tesla Model Y – 262 units (283 units); the Tesla Model 3 – 199 units (265 units); Chevrolet Bolt – 100 units (117 units) and KIA Niro EV – 89 units.

As reported, following a slump at the beginning of this year, demand for electric vehicles began to gradually recover over the previous two months, and the rate of decline slowed compared to the same periods last year, particularly against the backdrop of rising fuel prices (gasoline and diesel) at gas stations; however, the trend shifted somewhat in May.

Ukraine’s vehicle fleet was expanded by 110,200 electric vehicles in 2025—twice as many as the previous year. The share of new vehicles was 20% compared to 24% in 2024.

In particular, in December—the last month of VAT-free customs clearance for electric vehicles—demand for them increased 8.6-fold compared to December 2024, reaching 32,800 units.

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OTP Leasing invests EUR 20 mln in financing of electric vehicles

“OTP Leasing, the largest leasing company in the Ukrainian market, has announced the launch of a new EUR20 million financing program for hybrids and electric cars in Ukraine with 10% cashback through a grant.

“We hope to sell this product in about 200 showrooms in Ukraine. I want to visit the largest ones in Kyiv and the main regional ones this year. Because we need to sell 20 million euros under this program and distribute 2 million euros in grants,” OTP Leasing CEO Andriy Pavlushin wrote on Facebook.

According to him, the program provides for the leasing of cars to legal entities with a breakdown of payments for three to four years and a wide range of models: from a small Citroen to a large Range Rover, and also covers “soft hybrids.”

The company’s CEO hopes that the program will be further enhanced by the opportunity for its participants to refund 20% VAT on hybrids.

He noted that OTP Leasing will conduct trainings for showroom salespeople and has started this work with VIDI Auto for Business, which covers such models as Suzuki, Toyota, Lexus, Peugeot, Nissan, Range Rover/Land Rover, Volvo, Ford, MG, and Jeep.

“OTP Leasing is a subsidiary of the Hungarian OTP Bank. According to the EBRD, the company with a leasing portfolio of about UAH 15 billion at the end of the third quarter of 2024 occupied about 40% of the Ukrainian market.

In the first quarter of 2025, OTP Leasing’s revenue decreased by 20.8% compared to the first quarter of 2024 to UAH 383.1 million, while net profit increased 2.3 times to UAH 346.0 million.

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Sales of used electric vehicles in Ukraine increased by 40%

Sales of used electric vehicles in Ukraine in May increased by 40% compared to the same month in 2024, to over 4,700 units, according to UkrAvtoprom on Telegram.

This volume is actually equal to the figure for April this year.

The average age of such cars was five years.

The top ten used electric cars on the market in May were Tesla Model Y – 544 units; Nissan Leaf – 515 units; Tesla Model 3 – 467 units; KIA Niro EV (322 units); Hyundai Kona Electric (265 units); Chevrolet Bolt (218 units); Volkswagen e-Golf (211 units); Renault Zoe (204 units); Tesla Model S (180 units); and Audi E-Tron Sportback (131 units).

According to the association, in January-May, Ukrainians purchased more than 20,600 imported used electric vehicles, which is 30% more than in the same period in 2024.

As reported, in May, demand for new electric cars grew by 93% compared to the same month in 2024, to 1,257 units, which is also 35% more than in April this year, and in January-May, their registrations increased by 5% compared to the same period last year, to over 4,200 units. units

Last year, according to UkrAvtoprom, registrations of electric vehicles (new and used) increased by 38% compared to 2023, to 51,700 units, including passenger cars by 37% to 50,458 thousand, commercial vehicles by 64% to 1,264 thousand, and two electric buses were also registered. The share of new vehicles was 20%.

Schneider Charge Pro simplifies charging for growth of electric vehicles

– The open solution provides fast installation and optimizes reimbursement processes to support fleet electrification.

– Minimizes power outages to accelerate the development of charging infrastructure in multi-family buildings and private homes.

– Remote monitoring through one easy-to-use mobile application.

Schneider Electric, a leader in digital transformation in energy management and automation, has launched Schneider Charge Pro, a reliable, energy-efficient electric vehicle (EV) charging solution in Europe to accelerate the adoption of electric vehicles among commercial fleet and apartment building owners. In line with the EU’s Energy Performance of Buildings Directive (EPBD), which requires the modernization of EV chargers by 2027, Schneider Charge Pro aims to address key barriers to growth in a complex and fragmented market landscape as a comprehensive, affordable solution for electric mobility.

More than just a charging station, Schneider Charge Pro is part of a fully integrated turnkey solution that simplifies the charging process from start to finish, making it easy for charging point operators (CPOs) and building owners to upgrade or install new EV charging stations, and easy and smooth for electricians to install. The solution also comes with open system software that efficiently tracks charging times, simplifying the process of reimbursing CPOs for employees who charge EVs that are part of a residential complex’s fleet.

This open solution is complemented by two new products designed to provide fast and reliable access to electric vehicle charging for cars, vans and other electric vehicles. The EVCE MFH solution, designed specifically for multifamily buildings, manages electricity loads in real time, allowing large numbers of EVs to be charged without overloading or disrupting power supply to tenants or the building. This is supported by a new cloud-based remote monitoring tool that allows for off-site pre-commissioning and faster on-site commissioning through a single, intuitive mobile app.

“As the market and regulatory environment rapidly evolves, Schneider Electric continues to lead the way in the new energy era,” said Nadezh Petit, Chief Innovation Officer at Schneider Electric. “Schneider Charge Pro builds on our century-long legacy of energy management innovation by offering an open, affordable and efficient EV charging solution designed to enable companies to easily electrify their fleets. By simplifying the adoption of electric vehicles for fleet operators, building owners, electricians and apartment buildings, we ensure compliance with EU regulations while helping companies accelerate their electrification goals, move forward and make the transition to sustainable energy.”

The Schneider Charge Pro electric vehicle charging solution is now available in France, Ukraine, and Hong Kong, with more countries to follow within a year.

To obtain the brochure, please follow this link.

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About Schneider Electric

Schneider’s purpose is to create impact by empowering everyone to make the most of our energy and resources, ensuring progress and sustainability for all. We call it Life Is On.

Our mission is to be a trusted partner in sustainability and efficiency.

We are a global technology leader, bringing world-class expertise in electrification, automation and digitalization to smart industries, reliable infrastructure, future-proof data centers, smart buildings and intuitive homes. Drawing on our deep industry expertise, we provide integrated end-to-end AI-enabled industrial IoT solutions with connected products, automation, software and services, creating digital twins to drive profitable growth for our customers.

Ourmain resource is our 150,000 employees and more than a million partners operating in more than 100 countries to ensure proximity to our customers and stakeholders. We support diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.

www.se.com

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

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%.