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Electric Cars Gain Market Share in Israel Amid Rising Gas Prices and New Affordable Models
Electric vehicles are gaining market share in Israel amid rising fuel prices and new affordable models, with EVs expected to exceed 15% market share by year-end. Germany saw EVs become the top-selling drivetrain group for the first time.
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What happened
- 01Electric vehicles surpassed hybrids and gasoline cars in Germany with 28.4% market share in April 2026.
- 02In Israel, plug-in hybrids rose to 24.1% market share, while pure EVs reached 12.2%, and gasoline cars fell to 32.9%.
- 03Rising fuel prices and new affordable EV models are driving increased EV adoption in Israel.
- 04MG4 Urban launched at 120,000 shekels, cheaper than many gasoline super-minis, with several other EV price cuts.
- 05BYD Atto 3 price cut by nearly 20,000 shekels with significant upgrades, maintaining strong sales.
- 06Ten recommended EV models under 150,000 shekels now available, all with fast charging and active safety features.
Several new electric models priced under 150,000 shekels have been launched, making EVs more accessible to Israeli consumers.
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