Uzbekistan has proposed compensating part of the interest on car loans for new electric vehicles from 1 August 2026.
The support may apply only to new fully electric vehicles priced at no more than 1,000 base calculation units, or UZS 412 million.
The maximum loan amount eligible for compensation would be UZS 300 million.
The state could cover the portion of an interest rate above 16%, capped at 8 percentage points. On a loan issued at 24% a year, the buyer would effectively pay 16%.
The measure has only been published as a draft resolution. Its launch date and terms may change before the document is adopted.
