Business news from Ukraine

In Ukraine in July, sales of electric cars increased

Registrations in Ukraine of electric cars (new and used) in July 2024 amounted to 4.787 thousand, which is 14% more than in June this year and 38% more than last July, Ukravtoprom reported in the Telegram channel.

As reported, in June-2024 demand for electric cars slightly exceeded the figure of May of this year, and by June 2023 increased by 35%.

Market experts attribute a certain revival of demand last month for electric cars to the government’s initiative to introduce a military levy on buyers at the first registration of cars, including electric cars, for which there is no taxation in Ukraine (except for a small excise duty).

According to “Ukravtoprom”, the share of new cars in the registration of electric cars amounted to 21% against 17% in June-2023 and 19% in June this year.

The bulk of electric cars registered during the month were passenger cars – 4.684 thousand units (new – 980 units, used – 3.704 units), and only six out of 103 commercial electric cars were new.

The leading 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 vehicles were the Nissan Leaf, 529 units (June-2024, 410 units); 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 battery-powered vehicles passed the first registration in Ukraine (82.5% more than a year earlier), the share of new ones accounted for 20%.

As reported, for 2023, according to “Ukravtoprom”, registrations of electric cars in Ukraine increased 2.8 times – up to 37.6 thousand, the share of new ones accounted for 20% against 17% a year earlier.

 

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