Chinese Automakers Dominate Israel’s Market

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What’s new: Chinese brands topped Israel’s car sales in the first half of 2024, leading Korean and Japanese rivals across the market, while also supplying over two-thirds of the EVs sold, according to the Xinhua News Agency.

Chinese automakers sold 34,601 fossil-fuel powered and electric vehicles (EVs) in Israel from January through June this year, Xinhua reported Saturday, citing figures from the Israel Vehicle Importers Association. Korean and Japanese brands followed with sales of 27,187 and 23,185 vehicles, respectively, it said.

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Chinese brands led Israel's car sales in the first half of 2024, surpassing Korean and Japanese brands, with 34,601 vehicles sold.
Chinese EVs dominated with a 68.31% market share in Israel, selling 26,803 units.
BYD Co. Ltd. was the top-selling brand, with 10,178 cars sold, and its Atto 3 SUV was the most popular model.

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Who’s Who

BYD Co. Ltd.: BYD Co. Ltd. was the top-selling car brand in Israel in the first half of 2024, selling 10,178 vehicles, primarily driven by the success of its Atto 3 SUV. The company is also expanding internationally, with plans to build a $1 billion EV plant in Turkey and recently opening its first plant in Thailand.

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What Happened When

2022：: Chinese EV-makers sold more than double the vehicles in Israel compared to 2023.

First quarter of 2023：: China became the world’s top auto exporter, overtaking Japan.

2023：: Chinese EV-makers sold 29,402 vehicles in Israel.

January through June 2024：: Chinese automakers sold 34,601 fossil-fuel powered and electric vehicles (EVs) in Israel.

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