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Russian domestic EV subsidy

Last updated: 25 October 2021

The Russian government plans to subsidise the purchase of domestically manufactured electric vehicles (EVs) to stimulate demand and production.

 

Through the subsidy, the government plans to cover 25% of the purchase price of any Russian-made electric car, to a maximum of 625,000 roubles ($8,570), possibly starting next year.

 

Russia is targeting an annual EV production of 220,000 units by 2030 and authorities have said that foreign auto makers had shown interest in producing models locally.

 

Electric cars may also be able to drive for free on toll roads.

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