Chinese shake up Israel's new car market
The shift to electric vehicles has brought many new Chinese car brands to Israel this year.
Newsrael News Desk 07.12.2022
Globes reports that 256,700 new cars were delivered in Israel in the first 11 months of 2022, down 9.8% from the corresponding period of 2021, and close to the average over the past decade.
Nearly 10% of new cars sold in 2022 are electric vehicles compared with 1% three years ago and about 35% of the new cars sold in November were electric vehicles. This percentage could rise further in December as buyers rush to bring in an electric vehicle before purchase tax rises from 10% to 20% in January.
Source - Globes/Twitter - Image - Shutterstock
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