Trends in the Development of the Electric Car Market in Belarus

The number of electric vehicles registered in Belarus, is growing at impressive rates: in 2018, the country had about 200 cars, now – about 360.

Only in Minsk listed just over 200 cars. It is less than 1% of the total number of individual vehicles registered in the city. Elektronaradim stations (EZS) in Minsk are more than 70. It is expected that by 2025, the number of sites for EZS in Minsk will increase up to 400-500.

Trends in the Development of the Electric Car Market in Belarus - 1

The most popular models in Belarus today is the Fiat 500e, Chevrolet Volt and Tesla. However, new, bought in Belarus from official dealers, there are units in 2018, they had 2 in 8 months of 2019 — 8.

Also, the Belarusian plant Geely plans to produce electric vehicles.

Currently ongoing development of an active network elektronaradim stations across the country. Until the end of 2019, the country plans the establishment of a network of 250 elektronaradim stations. This is more than, for example, in Estonia, which is considered one of the leaders in creating the charging infrastructure.

As for the future of electric cars in Belarus, it is believed that by 2025-2030, their sales could rise to 5%, particularly in terms of reducing the cost of such equipment, further development of a network of powerful and efficient charging stations, strengthening of measures of state support and stimulation.

(In Ukraine, for example, in the beginning of 2018 took measures to exemption from VAT and excise tax, bringing the number of registered electric cars increased almost twice compared to 2017. Now there is 19 thousand electric cars.)

Global trends are such that by 2025 there will be a final twist of the automotive industry towards electric automotive industry, and the market share for new electric cars will be about 30%. It is hoped that they will become more affordable. While most of the inhabitants of Belarus the price of such vehicles is too high: they are not willing to pay for it 30-40 thousand dollars.

To date, virtually all EVS and hybrids in addition to the main battery is standard lead-acid battery is required to maintain the power of the onboard network. And if the lead-acid technologies issue recycling solved 99%, in relation to lithium-ion batteries, this issue remains to be solved.

Sources:

Authors:

Lemeshevsky V.M., General Director of 1AK-GROUP Holding

Vertai S.P., PhD of Economic Sciences, Associate Professor, Deputy General Director for Marketing of 1AK-GROUP Holding