All markets Market comparison

Compare markets side by side

Choose up to 4 markets to see their headline indicators and our verdict together. Every comparison has its own link, so you can send one to a partner or an investor.

GeorgiaArmeniaAzerbaijan
MarketGeorgiaCaucasusArmeniaCaucasusAzerbaijanCaucasus
EVS verdictConditionalConditionalConditional
Headline indicator15,581Registered electric vehicles22,650All-road electric stock6,974Registered electric vehicles
Indicator 21,650,048Passenger-car parc300Stations83,351Registered hybrid vehicles
Indicator 394.4%EV share of passenger cars3,637Jobs/year5,812Baku electric vehicles
Indicator 45,255Jan–Sep first EV registrations2.894Years31,873Jan–Sep 2025 PHEV imports
SnapshotAug 2026Aug 2026Aug 2026
CurrencyGELAMDAZN
Full report40 pages31 pages36 pages
Read the reportRead the reportRead the report

Indicators are each market's own headline figures, carrying that report's definition and source — a BEV fleet count and an all-road electric stock count are not the same measurement, so they are shown as published rather than forced into a single row.

Found the market you want?

Territories are approved on contracted local demand, not on a forecast. Tell us which one you are looking at and we will walk the numbers with you.

Apply for a territory