The electric car market is picking up: Tesla is the most popular choice

Last year, the average price of an electric car purchased with the support of our financing was EUR 49,000, but today, you can find much cheaper options among both new and used electric cars.

Electric Vehicles

This trend is driven by the lower operating costs of electric vehicles, as well as the availability of government incentives and subsidies for businesses that switch to electric vehicles.

In Estonia, support usage for the purchase of electric cars is slow

Car expert Arno Sillat stated that a new electric car costs an average of 70 thousand euros last year. This year, the best-selling electric car is Tesla, whose prices start at 40,000 euros.

Estonia

Under the ''Lemmik'' program, Eesti Energia, a major energy provider in Estonia, offers discounts on electricity prices for electric car users. This program helps reduce the operational costs of BEVs.

Plug-in electric vehicles in Estonia

As of 2022, 3% of new cars sold in Estonia were electric. [2] As of July 2022, the Estonian government offers subsidies of up to €5,000 for electric car purchases. [3] As of October 2022, there were about 400 public

Estonia Electric Car Market 2024-2030

Finding charging stations, waiting periods, greater starting expenses, a shorter driving range, and potentially pricey battery pack replacements are some of these drawbacks. The only source of electricity for

Estonia Electric Car Market 2024-2030

Last year, the average price of an electric car purchased with the support of our financing was EUR 49,000, but today, you can find much cheaper options among both new and used electric

Survey: 29% of Estonians are planning to buy electric car

A survey commissioned by Citadele Bank reveals that 29 per cent of respondents in Estonia plan to buy an electric car in the next five years, including two per cent who are planning to do so this year, 12

Estonia

Estonia has seen a contraction in the EV market despite personal grants available both for purchasing and leasing a vehicle. Grants for EVs have been controversial in the country as the majority of EVs supported

Estonia Vehicle Electrification Market (2025-2031) | Trends, Outlook

The initial costs of electric vehicles (EVs) remain higher than traditional vehicles, deterring budget-conscious consumers. Battery technologies, particularly range and durability, also pose significant challenges.

Estonia | European Alternative Fuels Observatory

Number of newly registered electric (BEV, PHEV) passenger cars (M1) and vans (N1) by type. 13 EU countries (Belgium, Czechia, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg,