Automobile production in Kazakhstan up 10% in February

Automobile production in Kazakhstan up 10% in February

In February, automobile production in Kazakhstan increased by over 10 percent compared to the same period last year, approaching 11,000 units worth 146 billion tenge. Since the beginning of the year, this figure has exceeded 22,000 vehicles of all kinds and types, totaling nearly 295 billion tenge. Passenger cars constitute the bulk of the output, with over 20,000 units produced, according to the Kazakhstan Automobile Union. Also, electric cars have become increasingly popular in Kazakhstan. Over the past year, more than 7,500 vehicles have been registered in the country, marking over a ninefold increase, as stated by the energyprom.kz portal. Experts attribute the surge in electric cars observed from May to December 2023 to the extension of tariff exemptions for their duty-free import until the end of 2025.