In the third quarter of 2026, 40,053 cars were registered for the first time in Georgia — 9.4% fewer than in the same period last year. At the same time, the number of electric vehicles reached 4,556 compared to 2,106 a year earlier. Their share grew from 4.76% to 11.37%, meaning that roughly every tenth newly registered car is now equipped with an electric powertrain. One of the reasons for the shift in market structure was an increase in excise duties on customs clearance for cars: electric vehicles are exempt from this tax.

Tesla remains the leader in the number of registered electric cars with 2,593 vehicles, or 57% of the total. This is an increase of 154% year-over-year. Nissan took second place with 433 cars and a 53% growth, while Chevrolet came in third with 190 cars, showing a 153% increase. Registrations also saw noticeable growth for Ford (+267%), Hyundai (+262%), Toyota (+355%), and Kia (+425%). Meanwhile, BYD recorded a 28% decline to 133 cars.

At the same time, 11,464 hybrids were registered in Georgia, accounting for 28.62% of all initial registrations compared to 24.5% a year earlier. Starting April 2026, a preferential excise tax rate of 60% of the standard rate applies to hybrid cars, but only for vehicles no older than six years. Registrations of vehicles with exclusively gasoline and diesel engines decreased by 23% — from 31,088 to 23,925 units.