EV Market Share: Latvia

Last data: 2026-09
BEV Market Share
17.4%
+9.4 pts YoY
Electrified (BEV + PHEV)
38.4%
+16.3 pts YoY
Thermal Share
59.2%
-16.7 pts YoY
Total Registrations
1,889
-3.4% YoY

Market Analysis - September 2026

In September 2026, the automotive market in Latvia recorded a total of 1,889 new registrations. The adoption of electric vehicles continues to evolve, with Battery Electric Vehicles (BEV) capturing 17.4% of the market share. This represents a volume of 328 full-electric cars registered this month.

Compared to the same period last year, the BEV market share has grown by 9.4 percentage points(from 7.9% in 2025-08).

Looking at the broader picture, Plug-in Hybrids (PHEV) achieved a 21.1% share. Combined, plug-in vehicles (BEV + PHEV) account for 38.4% of all new car sales in Latvia for this period.

Market Share Evolution - Latvia

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Source: ACEA (European Automobile Manufacturers Association)