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Ukraine to Reinstate Taxes on Electric Vehicles in 2026: Impact on Prices and Market Explained

  • Ukraine’s seven-year tax breaks for electric vehicles end on January 1, 2026; VAT and customs duties will be reinstated.
  • The end of incentives is due to significant budget losses, estimated at 14.5–30 billion hryvnia in 2025.
  • Prices of imported electric cars are expected to rise by 25–30%, but they will still be cheaper to operate than traditional cars.
  • The electric vehicle market has grown rapidly, with EVs now making up almost 3% of Ukraine’s car fleet and record import values in 2025.
  • Experts predict a temporary price increase and decline in imports, but do not expect the market to regress.

Source: visitukraine.today

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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