Aliyev highlights Azerbaijan's security and economic stability at investment forum
President Ilham Aliyev has highlighted Azerbaijan’s security, transport connectivity, economic diversification and renewable energy potential...
Kazakhstan’s EV market surges 60% in a year, driven by duty-free imports and rising Chinese EV popularity. Almaty leads registrations with 7,309 vehicles.
Kazakhstan's electric vehicle (EV) market is experiencing significant growth, with the number of registered electric vehicles increasing by over 60% in just one year, according to the Bureau of National Statistics.
By December 1, 2024, the total number of registered electric vehicles—including cars, trucks, and buses—had reached 12,587, up from 7,680 the previous year. The largest increase came from passenger cars, which jumped from 7,383 to 12,119 units.
Almaty, the country’s largest city, is leading in electric car registrations, with 7,309 EVs, while the capital, Astana, follows with 1,510. These figures reflect a growing interest in green transportation across the country.
According to the Energyprom analytical website, this surge in EV registrations can be largely attributed to the decision by the Eurasian Economic Commission’s Council to extend the duty-free import of electric vehicles until the end of 2025. This exemption from customs duties provides a 15% savings on the vehicle’s customs value, significantly lowering the cost of importing EVs and making them more accessible to Kazakhstanis.
A notable trend in Kazakhstan’s electric vehicle market is the increasing share of Chinese-made EVs. According to the Kazakhstan Automobile Union, the market share of Chinese vehicles has risen dramatically, from 10% three years ago to 39% today.
Experts explain that the growing popularity of Chinese electric vehicles in Kazakhstan is driven by a combination of factors. The competitive pricing of these vehicles, along with government support for green mobility, technological advancements, and an expanding selection of models, make them an attractive choice for many buyers.
As public acceptance of electric vehicles increases and government policies continue to favor green transportation, experts predict that the presence of Chinese EVs in Kazakhstan will only grow in the coming months.
Shipping traffic through the Strait of Hormuz remained low on Thursday, as Iran reiterated that it will neither enter into new negotiations with the United States nor re-open the Strait as long as its conditions are not met, despite recent indirect talks in New York mediated by Qatar.
As the Ukraine war is highlighted by some leaders during the United Nations' 81st General Assembly meeting in New York, Russian forces attacked the Ukrainian capital Kyiv early on Thursday with ballistic missiles, killing two people and injuring six, Mayor Vitali Klitschko said.
Saudi Arabia, Türkiye and Pakistan will hold an urgent high-level meeting under a joint defence pact to discuss ways to support the kingdom amid attacks by Yemen's Iran-aligned Houthis. The meeting comes as Tehran seeks to distance itself from the rapid advance of its Houthi allies.
The 81st UN General Assembly has wrapped up its third day in New York on Thursday, with world leaders delivering high-level speeches and holding diplomatic meetings.
World leaders return to the United Nations headquarters in New York on Friday for the fourth day of the high-level General Debate, with speeches and diplomatic meetings continuing throughout the day.
President Ilham Aliyev has highlighted Azerbaijan’s security, transport connectivity, economic diversification and renewable energy potential, as he addressed the Second Azerbaijan International Investment Forum in Baku.
Yemen's Saudi-led coalition said early on Saturday it had intercepted two ballistic missiles and two drones launched by the Iran-backed Houthis towards the kingdom.
A developing El Niño in the Pacific could become one of the strongest on record, leading to heavier rainfall and a greater risk of severe flooding in parts of Central Asia, while also worsening extreme weather in other parts of the world.
Azerbaijani Foreign Minister Jeyhun Bayramov and his Armenian counterpart Ararat Mirzoyan held talks on the sidelines of the 81st UN General Assembly in New York. They discussed progress towards peace and the development of economic and transport links between the two countries.
Fourteen Kazakh military personnel died after being swept out to sea during a naval training exercise in the western Mangistau region, authorities said on Thursday.
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