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Domestic car sales climb while imports decline in January

The Center for Economic Research and Reforms has published its analysis of Uzbekistan’s primary automobile market for January, highlighting strong growth in the electric vehicle segment and moderate overall market expansion.

Фото: Kun.uz

According to the center, total sales of new passenger cars, including both domestically produced and imported vehicles, reached 28,600 units in January. This represents a 7.2 percent increase compared to the same period last year. The report provides updated data on market dynamics and regional distribution, as well as changes across key market segments, including electric vehicles.

The highest levels of market activity were recorded in the Bukhara, Kashkadarya, Fergana and Surkhandarya regions. At the same time, sales of new passenger cars declined in the Samarkand and Khorezm regions, as well as in the city of Tashkent.

Sales of domestically produced new cars increased by more than 11 percent year on year, exceeding 24,000 units in January. In contrast, sales of foreign-manufactured new cars declined by 10 percent compared to January last year, totaling nearly 4,400 units.

The electric vehicle segment emerged as the main driver of market growth. In January, electric vehicle sales rose by 9 percent, reaching 6,100 units.

Tashkent city accounted for the majority of these sales, with 3,700 electric vehicles sold in the capital – representing more than 62 percent of the total volume.

Significant growth in electric vehicle sales was also recorded in several regions. Compared to the same period last year, sales increased 3.5 times in Samarkand, 2.4 times in Namangan, five times in Surkhandarya, and three times in Khorezm.

In addition, the primary electric vehicle market posted a record 45.3 percent increase, reaching 4,700 units, according to the report.

Дониёр Тухсинов
Prepared by Дониёр Тухсинов

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