Transportation, Electric Vehicles

China beats out South Korea as Israel's biggest supplier of electric vehicles

Globes reports that though Israel has experienced a decline in car sales compared to last year, the share of electric vehicles being sold is now 24% compared to just 14% the previous year.

Electrical vehicles. (Photo: Summit Art Creations/Shutterstock)

Vehicle acquisition numbers from January-February 2024 show an increasing preference in Israel for electrical vehicles and especially from China, according to numbers published by Globes.

Globes' data show that while car acquisitions overall declined by 16.9% compared to 2023, the number of electric cars actually increased by 40% compared to the same period.

The share of electric cars among car purchases has also shot up from 14% to 24%, with China clearly serving as the largest supplier, bypassing South Korea which once occupied the top spot.

A number of government ministries are working on regulations which would impose a "charging tax" on electrical vehicles based on the time of charging, to prevent too much strain on the electrical grid as a whole, per Globes.

The tax is currently in the pilot phase and would depend on electrical vehicles reaching a "critical mass" of vehicles on the road. The tax would be calculated based on "smart" home and public chargers, much like "smart" home meters today.

On the other hand, the Energy Ministry said that the government had decided on a travel tax rather than a charging tax to reduce the burden on traffic in rush hour and on the electrical grid during peak usage.

Electrical Vehicles China South Korea Finance Ministry

Comments

Do not send comments that include inflammatory words, defamation and content that exceeds the limit of good taste.

The comment was sent successfully.
Soon the response will be examined by our editors and if it is found to be correct it will be published on the website.
The comment was sent successfully.
Soon the response will be examined by our editors and if it is found to be correct it will be published on the website.


Hezbollah document found by IDF reveals all

Shocking: The secret of the Hezbollah organization has been revealed
Eliana Fleming, JFeed Staff | 21.11.24

ICC's decision causes a stir

USA: "We firmly reject the decision of the Hague court"
Eliana Fleming, JFeed Staff | 21.11.24

HY"D - may Hashem avenge his blood

Staff Sergeant Ron Epshtein fell in battle in Gaza
Avi Nachmani | 21.11.24