At a government meeting today, the president Shavkat Mirziyoyev ordered to up automobile manufacturing to 510,000 units per year, the presidential press service said.
The country has four large car plants with a total capacity of 650,000 vehicles per year. In 2025, passenger car manufacturing reached 457,900, marking an increase of 6.7% compared to 2024 (429,100). The target for 2026 is to increase manufacturing by 11.4%.
There are also plans to launch manufacturing of an additional 763 types of components in collaboration with more than 300 local enterprises.
Shavkat Mirziyoyev gave a directive to stimulate demand for domestically manufactured vehicles, and consider steps to reduce auto loan rates and increase the volume of auto loans.
Furthermore, growing demand among farmers for garden tractors, equipment for planting seedlings, harvesting crops, and digging potatoes has been noted. Shavkat Mirziyoyev stated that once the Chirchik cluster reaches full capacity and manufactures agricultural machinery at affordable prices, and creating convenient financial instruments through leasing companies, farmers are prepared to purchase at least 15,000 units of equipment annually.
Overall, those responsible for the development of the automotive industry have been given directives to comprehensively analyze existing opportunities and revise the manufacturing program for the current year, taking into account the target of 10.5% growth.
The president noted that over the past three years, the share of added value in industry had risen from 40.7% to 43%. However, this figure is only 20.7% in the automotive industry, 29.3% in electrical equipment, 30.1% in the food industry, 33.4% in the leather industry, and 40.4% in the chemical industry, indicating continued low levels of added value.
Earlier UzAuto Motors vowed to manufacture 500,000 vehicles by 2023, with the potential to reach 1 million vehicles per year. However, manufacturing of the mass-market Cobalt, Damas, and Onix models declined last year. Chevrolet's market share fell to 83.2%, while manufacturing of Chinese and other brands has significantly increased.
79,822 passenger cars were imported to Uzbekistan last year, a 7.1% increase compared to the 2024 target of 74,505. Meanwhile, the dollar value of imports decreased by 8%, from $1.28 billion to $1.17 billion.
Conventional engine vehicle imports decreased by 40%, while electric vehicle imports increased by 2.4 times. As a result, the share of electric vehicles in imports increased from 32% to 71%, while the share of internal combustion engine vehicles decreased from 44% to 25%.
At the end of December, the president announced that Uzbekistan would reduce the cost of car loans for those transitioning to electric vehicles. The interest rate on loans for domestically manufactured electric cars will be 12%, while for imported ones, it will be 16%. Meanwhile, the recycling fee for imported electric vehicles had previously been significantly risen.
