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Decline in the import of electric cars, hybrids in BiH record strong growth

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Decline in the import of electric cars, hybrids in BiH record strong growth

The import of electric vehicles in Bosnia and Herzegovina in 2025 recorded a decrease compared to the previous year, while at the same time the import of hybrid cars increased significantly, according to data from the BiH Indirect Taxation Administration. In the first ten months of this year, 161 electric vehicles with a total value of 7.64 million KM were imported, with 1.40 million KM in duties collected. In the same period of 2024, 194 electric vehicles worth 9.01 million KM were imported, while during the whole of last year a total of 230 such cars worth 11.73 million KM were imported.

Among the most expensive models imported until October of this year are the Volvo EX90 Twin (237,590 KM) and the Lucid Air Grand Touring (220,469 KM), while three versions of the Porsche Taycan 4S, with individual amounts between 180,000 and 200,000 KM, were among the five most expensive electric vehicles imported to Bosnia and Herzegovina. Last year, the most expensive was the Mercedes-Benz EQS 58 worth 226,217 KM.

Unlike electric cars, hybrid models are recording strong import growth. From January to the end of October 2025, 3,014 hybrid vehicles were imported into BiH with a total value of 173.49 million KM, with collected duties of 37.61 million KM. In the same period last year, 1,810 hybrid cars were imported, while throughout 2024, 2,408 imported hybrids with a total value of 129.02 million KM were recorded.

Ivica Nikšić from the company “Guma M” says that interest in hybrids is far greater than in electric models. “The reasons for this are the more favorable prices of hybrids, the absence of a serious infrastructure for charging electric vehicles, and the related doubt of customers towards EVs due to fear of a limited range,” says Nikšić. He adds that there are currently no state incentives for the purchase of such vehicles in Bosnia and Herzegovina: “Incentives only existed in 2022 and for a limited number of vehicles.”

Nikšić points out that “used electric and hybrid vehicles are still a rarity on the market”, and that classic models with internal combustion engines still dominate among used cars. According to IDDEEA data, 74 new electric vehicles were registered in the first ten months of this year, which makes up 0.67 percent of the market, while hybrids made up 2,364 vehicles, or 21.28 percent of the market.

Speaking about the advantages of electric models, Nikšić emphasizes that EV vehicles have “lower maintenance costs, without the need to change oil, filters and major service”, while driving on electricity is significantly more economical. Battery technology is cited as the biggest drawback, the longevity of which is still a limiting factor, but progress is expected through the development of “solid state” batteries.

According to Nikšić, the penetration of electric vehicles will be slow until incentives are introduced and a wider infrastructure of charging stations is built: “Until there is a wider action to encourage the purchase of such cars, it is difficult to expect a greater increase in the share of EV vehicles.”

The Federal Ministry of Energy, Mining and Industry has confirmed that in 2025 there is no incentive program for the purchase of electric vehicles, neither for legal entities nor for individuals, because the budget for this year does not provide funds for that purpose, reports RTV Slon.

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