SNAPSHOT OF THE AUTOMOTIVE SECTOR

Overview

     Uzbekistan's automotive industry remains one of the country's fastest-growing manufacturing sectors, supported by rising household incomes, urbanization, and ongoing industrial reforms. According to the results of 2025, the national vehicle fleet continued to expand, reflecting steady growth in domestic demand and increasing consumer purchasing power. Passenger cars account for the overwhelming majority of registered vehicles, highlighting the sector's strategic importance to Uzbekistan's industrial development. 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.

Production and Market Development

     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. Uzbekistan produced 457,900 passenger cars in 2025, marking a 6.7% increase compared with the previous year, according to data from the National Statistics Committee. Production growth was particularly notable among newer manufacturers, with BYD output increasing almost eightfold year-on-year.

Investment and Industrial Expansion

      The automotive industry continues to attract significant investment aimed at expanding manufacturing capacity, increasing localization, and strengthening supplier networks. Ongoing industrial reforms and the entry of global automotive companies are supporting the development of modern production facilities and positioning Uzbekistan as an emerging automotive manufacturing hub in Central Asia.

Future Outlook

    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.

Growth Potential

     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.