Ukraine's electric vehicle fleet (including new cars, used imports, and domestic resales) grew 2.1 times in March compared to February of this year, reaching 6,361 units amid rising fuel prices (gasoline and diesel) at filling stations, according to the Institute for Automotive Market Research (IDA).

"March 2026 will go down in the history of the Ukrainian automotive market as the month of a return to total electrification. The main sensational indicator is the explosive growth in domestic resales, up 124.6% compared to February. This abnormal demand became a direct consequence of the fuel shock: when the average price of diesel reached UAH 86 per liter and gasoline A-95 firmly held at UAH 72, arguments about 'insufficient driving range' instantly lost relevance," the IDA said on its website.

Experts said that compared to March of last year, the electric vehicle market declined by 17.5% due to a high comparison base, but for 2026 this is so far the highest monthly figure.

In particular, domestic resales totaled 4,552 units (more than 2.2 times higher than in February), while imports of used electric cars increased by 86% and new ones by 55.5%.

The leader in the secondary market remains the Nissan Leaf (661 resales), followed by the Tesla Model 3 (428 units) and Model Y (311 units).

"European and Korean urban models also maintain a strong presence in the domestic market's top ten. Overall, the March domestic market is a story of how used electric vehicles are becoming the primary mobility asset amid expensive fuel," the experts said.

In the segment of imported vehicles, the top three mirrors the domestic market leaders, although the gap for the Nissan Leaf is smaller: 204 units versus 197 Tesla Model 3 and the same number of Model Y vehicles.

"March's 85% growth in imports indicates that dealers and private buyers are actively seeking reliable supply sources of used electric vehicles from Europe and the United States to meet domestic demand," the report said.

Chinese brands dominated the new electric vehicle market, with the top three most popular models being BYD Leopard 3 (33 units), BYD Sea Lion 06 (27 units), and Zeekr 001 (26 units).

As reported, according to IDA data, Ukraine's passenger electric vehicle fleet in January 2026 decreased 5.9 times compared to December 2025, the last month before VAT exemptions on electric vehicle imports were canceled, to 5,927 units, and in February this year, partly due to electricity supply issues, it dropped further to 3,027 units.