Neta Auto enters Israeli market[ China ] [ Israel ]
On September 28, Neta Auto, a Chinese EV brand under Hozon New Energy Automobile Co., Ltd. (Hozon), announced on WeChat that it has entered the Israeli market following its recent moves in Thailand and Nepal. In addition, the automaker signed a strategic cooperation agreement with Blilious Group, a leading Israeli car dealer. The cooperation signified that the Neta U and Neta V will soon arrive in the Middle East.
In recent years, the Israeli government has been actively encouraging the importation of New Energy Vehicles (NEVs). From 2035, Israel will completely ban the import of gasoline and diesel vehicles. Imported vehicles will be either electric or run on natural gas. In 2021, EV sales in Israel were 10,935 units, reflecting a year-over-year increase of 686%. The EV penetration rate was 3.7% in the country. In 2022, 17,800 EVs will be sold, with a penetration rate of 5.9%. By 2025, 80,000 EVs will have been sold, with a penetration rate of 30.8%.
From Neta Auto’s WeChat platform press release