Car imports to Armenia are rapidly changing in structure. At the end of 2025, electric vehicles accounted for more than 37% of the total volume of imported cars, setting an absolute record for the entire period of observation. According to data from the State Revenue Committee, since the beginning of the year 48,195 cars have been imported into the country, of which 18,024 were electric.
For comparison, back in 2022 and 2023, the share of electric vehicles in imports did not exceed 7%, while in 2024 it surged sharply to 29.4%. Thus, in just two years the market has effectively gone from niche demand to a mass transition to electric transport, despite the overall decline in car imports in 2024.
Experts link this trend to current tax and customs incentives, as well as to the rising cost of operating internal combustion engine vehicles. As a result, buyers are increasingly choosing electric vehicles, and the market is gradually forming a new demand model in which electric transport ceases to be exotic and becomes the dominant segment.