SNAPSHOT OF THE AUTOMOTIVE SECTOR

Uzbekistan's automotive industry is one of the country's fastest-growing manufacturing sectors, supported by rising household incomes, urbanization, and ongoing industrial reforms. As of June 2026, the number of privately owned vehicles exceeded 4.9 million, with passenger cars accounting for nearly 93% of the total vehicle fleet.

The market continues to be led by domestic manufacturers, while the growing presence of international brands such as BYD, Kia, Chery, and Haval is increasing competition and accelerating the localization of electric and hybrid vehicle production. This trend is strengthening Uzbekistan's position as an emerging automotive manufacturing hub in Central Asia.

Industrial output has shown strong growth. According to the National Statistics Committee, Uzbekistan produced about 420,000 passenger cars between January and November 2025, representing an increase of nearly 9% compared to the same period of the previous year. Production growth was particularly notable among newer manufacturers, with BYD output increasing almost eightfold year-on-year.

The sector is expected to maintain its upward trajectory over the coming years. Under the updated Uzbekistan-2030 development strategy, annual passenger vehicle production is targeted to approach 1 million units by 2030, supported by further localization, export expansion, and investments in next-generation automotive technologies.

Despite challenges related to financing accessibility and market concentration, vehicle ownership levels remain below those of many more mature automotive markets, indicating significant long-term growth potential. Continued investment in production capacity, supplier networks, and electric mobility infrastructure is expected to further enhance Uzbekistan's competitiveness as a regional automotive manufacturing and export center.