The Hybrid Market Segmentation of Electric Vehicles in Ukraine Using Data Science Methods

The article examines the current issue of effective market segmentation for electric vehicles in Ukraine. This market, on one hand, demonstrates exponential growth, while on the other, it develops in the context of significant economic and social challenges, which shapes a unique consumer behavior. The carried out analysis showed that traditional segmentation approaches, which are primarily based on socio-demographic or price characteristics, are insufficient as they do not allow for understanding the deep drivers and motivations behind consumer choices. The aim of the study is elaboration and approbation of a comprehensive hybrid segmentation model that integrates objective quantitative market indicators and subjective psychographic and behavioral characteristics of consumers. The empirical basis of the work consisted of two datasets: structured data on the State registration of electric vehicles in Ukraine for the period from 2020 to 2025, and unstructured data that includes about 6000 text reviews from actual owners on leading Ukrainian automotive resources. To solve the tasks set, a comprehensive approach was applied, incorporating Data Science methods: descriptive statistics, data collection through Data Scraping techniques, natural language processing (NLP) for thematic modeling and sentiment analysis of the reviews, as well as cluster analysis using the k-means algorithm. In the first stage, the analysis of structured data allowed for the identification of key market trends and revealed a paradoxical polarization of demand: consumers predominantly choose either budget models with a small range or premium cars with maximum range. In the second stage, the analysis of unstructured data provided an explanation for this phenomenon, showing that the dominant usage scenario is "city trips", for which great autonomy is not critical. The synthesis of these two approaches in the final hybrid model allowed us to identify four fully-fledged, qualitatively distinct consumer segments: • "Enthusiasts and Individualists" (33% of the market), for whom emotions from dynamics and design are a priority; • "Pragmatic Optimizers" (28%), focused on the rational relationship between price and functionality for daily tasks; • "Technological Leaders" (25%), who choose status, innovation, and technological superiority; and • "Modern Family" (13%), for whom quality, comfort, and safety are key. The research proves that only a hybrid approach, combining "what" (quantitative data) and "why" (qualitative data), allows for a complete and deep understanding of the modern market. The most important conclusion is that the largest market segment (33%) is influenced by emotional-image factors rather than purely rational ones, which provides market participants with practical tools for developing more accurate and effective marketing strategies.

Authors

Publication Details

Journal
THE PROBLEMS OF ECONOMY
Published
2025-01-01
DOI
https://doi.org/10.32983/2222-0712-2025-2-212-226
Primary Topic
Statistical and Computational Modeling
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

The Hybrid Market Segmentation of Electric Vehicles in Ukraine Using Data Science Methods

Lidiya Guryanova, Yevhenii V. Andrusyk
THE PROBLEMS OF ECONOMY
Statistical and Computational Modeling
article

The Hybrid Market Segmentation of Electric Vehicles in Ukraine Using Data Science Methods

Lidiya Guryanova, Yevhenii V. Andrusyk
article en

Abstract

The article examines the current issue of effective market segmentation for electric vehicles in Ukraine. This market, on one hand, demonstrates exponential growth, while on the other, it develops in the context of significant economic and social challenges, which shapes a unique consumer behavior. The carried out analysis showed that traditional segmentation approaches, which are primarily based on socio-demographic or price characteristics, are insufficient as they do not allow for understanding the deep drivers and motivations behind consumer choices. The aim of the study is elaboration and approbation of a comprehensive hybrid segmentation model that integrates objective quantitative market indicators and subjective psychographic and behavioral characteristics of consumers. The empirical basis of the work consisted of two datasets: structured data on the State registration of electric vehicles in Ukraine for the period from 2020 to 2025, and unstructured data that includes about 6000 text reviews from actual owners on leading Ukrainian automotive resources. To solve the tasks set, a comprehensive approach was applied, incorporating Data Science methods: descriptive statistics, data collection through Data Scraping techniques, natural language processing (NLP) for thematic modeling and sentiment analysis of the reviews, as well as cluster analysis using the k-means algorithm. In the first stage, the analysis of structured data allowed for the identification of key market trends and revealed a paradoxical polarization of demand: consumers predominantly choose either budget models with a small range or premium cars with maximum range. In the second stage, the analysis of unstructured data provided an explanation for this phenomenon, showing that the dominant usage scenario is "city trips", for which great autonomy is not critical. The synthesis of these two approaches in the final hybrid model allowed us to identify four fully-fledged, qualitatively distinct consumer segments: • "Enthusiasts and Individualists" (33% of the market), for whom emotions from dynamics and design are a priority; • "Pragmatic Optimizers" (28%), focused on the rational relationship between price and functionality for daily tasks; • "Technological Leaders" (25%), who choose status, innovation, and technological superiority; and • "Modern Family" (13%), for whom quality, comfort, and safety are key. The research proves that only a hybrid approach, combining "what" (quantitative data) and "why" (qualitative data), allows for a complete and deep understanding of the modern market. The most important conclusion is that the largest market segment (33%) is influenced by emotional-image factors rather than purely rational ones, which provides market participants with practical tools for developing more accurate and effective marketing strategies.

THE PROBLEMS OF ECONOMYVol. 2(64)
Openalex Percentile: Top 90%
Statistical and Computational Modeling
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.