206646Russian EV Sales Grew 244% in H1 2023

Russian EV Sales Grew 244% in H1 2023

By Boris Kamchev - Oct 06, 2023

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Russia’s passenger car fleet is electrifying at high rates, but in absolute numbers the country is lagging. The world’s largest automobile markets in Europe, the United States and China are making large strides switching to zero- and low-emissions transport.

Electric vehicle registrations reached 4,455 units in the first half of 2023, up 244% year-on-year 2022. Used EV sales in August were 1,204 units, up 67% from August 2022, the largest monthly sales so far, according to Moscow-based automotive consultant Autostat.

In 2021, the government said it wants 10% of new cars on the road be electric by 2030. Last year, it published its its New Strategic Development Project that estimates the country’s EV sales will reach 15% of total car sales by the same year. To encourage uptake, Kremlin said it would stump up 25% of the price of a Russian-made EV to a maximum of 625,000 rubles (U.S.$ 6,400).

Russia’s on-road passenger car parc is currently 46 million units, yet battery EVs and plug-in hybrids constitute 32,700 of them, or a fractional 0.07% of the total.

The chances that the government can reach these targets are unlikely. Most Western carmakers left the county in protest of Russia’s invasion of Ukraine. The most popular EV in Russia is the VW ID.4. The German carmaker exited Russia this year, and Toyota, Mercedes and Renault, among others, soon followed.

Until 2021, Russia only produced electric busses. Now, the country makes three EVs: Moskvich 3e and Evolute, built on the Chinese platform of JAC, as well as the commercial vehicle EVM PRO a product by the classic Russian commercial vehicle maker Uaz. The goal for 2023 is to get 18,500 new EVs off the production line, according to data from the Ministry of Industry and Trade.

Many of the world’s largest car markets have bans on internal combustion engine sales by 2035. Many have an outright ban by 2050. Smaller economies such as Armenia, Azerbaijan, Cambodia, India, Kenya and Mexico are signatories of the COP26 climate change summit in 2021 and set targets to ban ICEs by 2040. Russia is not a signatory of COP26 and lacks regulations for adoption of any feasible net-zero policy. 


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Electric Vehicles    

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