The Armenian automotive industry is undergoing a green transformation. According to the State Revenue Committee of Armenia, nearly one-third of all passenger cars imported into the country in 2024 were electric vehicles (EVs). This marks a significant milestone in Armenia’s transition to cleaner transport solutions.
Between January 1 and November 26, 2024, a total of 29,763 passenger vehicles were imported into Armenia — with 9,248 of them being fully electric.
Top 5 Most Imported Car Models in Armenia (2024)
Here are the five most popular car models brought into Armenia this year:
1. Chevrolet Volt
A favorite among those seeking a balance between affordability and eco-conscious driving, the Chevrolet Volt is a plug-in hybrid offering excellent electric-only range. Its popularity is driven by low emissions, fuel savings, and solid reliability — perfect for both city and long-distance travel in Armenia.
2. Tesla (All Models)
Tesla continues to win over Armenian drivers with its cutting-edge technology, luxurious design, and zero-emission promise. Whether it's the Model 3 or Model Y, Tesla’s presence in Armenia is growing rapidly, especially in Yerevan and major cities where EV charging infrastructure is expanding.
3. Honda
Renowned for their durability and practicality, Honda models (including Civic, Accord, and CR-V) remain a top choice. Many families and comfort-seeking drivers across Armenia continue to trust Honda for everyday use and long drives through regions like Tavush and Vayots Dzor.
4. Volkswagen
German engineering and timeless style have helped Volkswagen maintain a strong foothold in the Armenian car market. Models like the Passat and Golf offer the perfect mix of technology, performance, and affordability — ideal for Armenian roads.
5. BYD (Build Your Dreams)
China’s BYD has made a significant leap in 2024, offering electric and hybrid vehicles that combine innovation with competitive pricing. Their growing appeal among Armenian drivers is supported by tax incentives and strong EV infrastructure, especially in urban areas.
Armenia’s Shift to Electric Vehicles
The rise in EV and hybrid imports is attributed to:
Attractive tax incentives and duty-free quotas
An expanding nationwide charging station network
Greater awareness about sustainability and fuel efficiency
In fact, the Armenian government recently approved a new quota allowing the duty-free import of 8,000 EVs in 2025, continuing the initiative launched in 2024. Due to high demand, this year’s quota was exhausted by mid-October.
What’s Next for Armenia’s Auto Market?
Experts predict that EVs will continue to grow in popularity, with leaders like Chevrolet, Tesla, and BYD maintaining strong market positions. The government’s ongoing support, combined with rising consumer demand, is shaping a cleaner, more modern future for Armenia’s roads.
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