What is the car market like in Kyrgyz?

In comparison to the total number of newly registered vehicles ( Table 2 ), according to the car dealerships interviewed the market for new vehicles is notably small: used vehicles dominate the market. As in many developing countries, the Kyrgyz car market mainly consists of second-hand cars imported from developed countries.

Are ICEVs taxable in Kyrgyzstan?

ICEVs in Kyrgyzstan are subject to an import tariff. This tariff, which is notionally based on 5% of the average market value of the vehicle type, depends on the category of vehicle (e.g. passenger car), the country of origin during import (whether it is within the EAEU or not), the year of production and the engine capacity (in cubic centimetres).

Are people willing to pay for cars in Kyrgyzstan?

Our analysis suggests that the willingness to pay for vehicles in Kyrgyzstan is low. More than 70% of car offers have an asking price of less than US$10,000. Interviews with car dealers suggest that there is, however, a growing number of customers looking at purchasing more expensive cars costing upwards from US$20,000. Fig. 2.

What data does Kyrgyzstan have?

In Kyrgyzstan, the National Statistics Committee publishes data on total imports of vehicles, fuel import and fuel consumption, total turnover from the sale of vehicles in the country, passengers carried by types of transport and the number of traffic accidents.

Does Kyrgyzstan have a potential for EV deployment?

Whilst a transition to electric vehicles (EVs) is a key part of Kyrgyzstan’s Nationally Determined Contribution to the Paris Agreement, the potential for successful EV deployment in the region is under-researched. To fill this research gap, this paper presents an assessment of the potential for EV deployment in Kyrgyzstan.

Is Kyrgyzstan ready for electric cars?

“The country is starting to develop the infrastructure, including installation of charging stations in large cities,” said Iskender Sharsheyev. According to the representative of the Union, there is a prospect for popularisation of electric vehicles among Kyrgyzstanis.