Soon fuel prices are expected to spike due to the sharp rise in oil prices caused by the Roaring Lion Operation in Iran.
Meanwhile, the market share of electric cars has already jumped to about 18% of deliveries since the beginning of the month, mainly due to the arrival of a large shipment of Tesla models that have started being delivered to customers. In the first two months of the year, the market share of electric vehicles stood at only 10%, after a peak of 25% in 2024.
So far this month, 1,085 Tesla models have been delivered, and according to licensing authority data, the Model Y is currently the car with the most units registered this month - 812 so far. This puts it ahead of the JAECOO 5 (776 registrations), which surged with the start of deliveries of the hybrid version, the Toyota Corolla Cross (548), and the JAECOO 7 (397). Already, 273 Model 3 cars have been delivered, mainly the cheaper rear-wheel-drive version priced at NIS 192,000.
Among manufacturers, JAECOO leads (1,456), followed by Toyota (1,339), Tesla, Hyundai (988), Kia (568), and Skoda (377). Despite the war, 10,000 new cars have already been registered with the licensing authority this month, reflecting deliveries by both official importers and parallel and minor importers, although most were ordered before the outbreak.
In the first week, showrooms and delivery facilities were closed, reopening after the Home Front Command eased restrictions. Nevertheless, March is expected to end with a sharp decline in the number of cars hitting the roads. In the same month last year, 27,000 new cars were delivered.