In Light of Sharp Increase in Cost of Gasoline Israel Furthers Promotion of Electric Vehicles
Israel is boosting electric vehicle adoption due to rising gasoline costs, with over 230,000 drivers already benefiting from savings.
Israel is boosting electric vehicle adoption due to rising gasoline costs, with over 230,000 drivers already benefiting from savings.
Israel vehicle imports surged 135.9% in January 2026 to 22,045, driven by tax changes. Commercial vehicle imports also rose significantly.
Israel's Jan 2026 imports reveal a 135.9% jump in private vehicles and a 59.1% rise in commercial vehicles, alongside electronics growth.
Israeli firm VisIC Technologies secures $26M, powering next-gen electric vehicles with advanced GaN semiconductors. Hyundai & Kia join funding round.
Israel's vehicle imports are up in November, with a significant rise in private cars. This surge anticipates new purchase tax hikes on electric vehicles