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RUSSIAN EV SALES AND INCENTIVES

INCENTIVES

Russia has lifted import duties on Electric Vehicles, which accounts for around 15% of the sales price. The incentive is in force from September 2016 to August 2017 and does not include Hybrid Vehicles and Plug-In Hybrid Vehicles. The same incentive was in force from February 2014 to early 2016 but was not extended until the latest concession.

 

SALES

Only 647 electric vehicles registered in 2016 consisting of 5 model ranges. Moscow lead with 280 vehicles registered.

Registration Of Top Selling Plug-In Electric Vehicles By Model In Russia

Russian EV Sales in the news

Week 22 2017 - Russian Oil denounces EVs and Tesla

As the electric vehicle sales in neighboring Norway climbed 30% year-on-year for the month of May the CEO of Russias largest oil company, Rosneft PJSC, Igor Sechin denounced EVs as overrated. Mr. Sechin was quoted by Bloomberg during a speech at the St.Petersburg International Economic Forum saying Tesla is overvalued and EVs are “not as popular as had been expected” in Europe’s biggest economies. Mr. Sechin went further saying “The market’s assessment of the prospects of electric car producers, in our view, is significantly overestimated,” and that “Until the electric transport industry becomes as user-friendly and attractive for consumers as the cars with internal combustion engines, the prospects for electric vehicles remain largely uncertain.” Rosneft that had 2015 revenues of nearly $100 billion market value was clipped by that of Tesla at the end of May 2017. Tesla shares were up nearly 60% for the year while Rosneft was down 20%.

TOOLS TO COMPARE ELECTRIC VEHICLES

We have designed some cool tools to compare electric vehicles. Our tools include a mobile app, charging cost calculator and EV selector. Use wattEV2Buy’s proprietary tools to find the ideal EV for your requirements and determine the cost of charging EVs.

EV SELECT

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Not sure which model EV to choose?

wattEV2Buy’s easy to use EV Select tool helps identify which electric vehicle is perfect for your specific requirements. EV Select compare electric vehicles battery electric range over various vehicle types. Within four clicks you can get the perfect luxury sedan able to drive your required distance on battery power.

EV CHARGING COST

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Unsure what the charging cost will be?

wattEV2Buy’s easy to use Charging Cost Calculator compare electric vehicles charging cost in your state and relate it to equivalent gasoline cost. The charging cost calculator also allows you to be specific and customize your electricity cost in kWh and provide results in miles and kilometers, making it usable all over the world.

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