Kyrgyzstan energy storage vehicle sales price

How much do electric cars cost in Kyrgyzstan?

Despite the zero rates, electric cars remain a niche product in Kyrgyzstan. Their average price varies from 15 to 50 thousand dollars. But the Kyrgyz consumers worry not only about high price, but also about convenience. Or, more precisely, lack of convenience.

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.

Does Kyrgyzstan adopt electric vehicles?

We present a study into electric vehicle (EV) adoption in Kyrgyzstan. Interviews with 23 expert stakeholders and over 50,000 car sales are analysed. A total cost of ownership (TCO) model is presented for the Kyrgyz case. Policy recommendations are made on the basis of this study.

How old is a car in Kyrgyzstan?

Based on the desk research and analysis of available car import data, we estimate that more than 70% of the passenger cars in the Kyrgyz market are older than 10 years, and that the average age of passenger cars in the country is estimated to be just over 16 years. Table 2. Newly registered vehicles in Kyrgyzstan by year, 2012–2019.

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.

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.