Press release
Israel Electric Vehicle Market Soars to New Heights: Valued at US$ 3.0 Billion in 2023, Projected to Reach US$ 12.9 Billion by 2032 with a CAGR of 52.42% | Astute Analytica
The ๐๐ฌ๐ซ๐๐๐ฅ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐ (๐๐) ๐ฆ๐๐ซ๐ค๐๐ญ has witnessed significant growth, with its valuation reaching ๐๐$ ๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐. According to the latest market research, this sector is expected to achieve a remarkable valuation of ๐๐$ ๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, representing a compound annual growth rate (๐๐๐๐) ๐จ๐ ๐๐.๐๐% during the forecast period from ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.๐๐ก๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐- https://www.astuteanalytica.com/request-sample/israel-electric-vehicle-market
The surge in the Israel EV market can be attributed to a combination of factors, including government initiatives promoting sustainable transportation, advancements in EV technology, and increasing consumer awareness of environmental issues. The government's supportive policies and incentives are playing a crucial role in accelerating the adoption of electric vehicles across the country.
The Israeli market's robust growth is also driven by technological advancements in battery technology, which are enhancing the performance and affordability of electric vehicles. Additionally, the growing infrastructure for EV charging stations and the expansion of the EV model lineup by key players are expected to further fuel market growth.
๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
๐๐๐ซ๐ค๐๐ญ ๐๐๐ฅ๐ฎ๐๐ญ๐ข๐จ๐ง: The Israel Electric Vehicle market was valued at US$ 3.0 billion in 2023.
๐๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐: Expected to reach US$ 12.9 billion by 2032.
๐๐๐๐: Projected at 52.42% during the forecast period 2024-2032.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ: Government policies, advancements in battery technology, increasing consumer awareness, and expanding EV infrastructure.
๐๐๐ฃ๐จ๐ซ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐ฌ๐ซ๐๐๐ฅ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ
BYD
BMW AG
Geely
Tesla
Hyundai
Other Prominent Players
Market Segmentation Overview:
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐:- https://www.astuteanalytica.com/industry-report/israel-electric-vehicle-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
๐๐ฒ ๐๐ฒ๐ฉ๐
Battery electric vehicle (BEV)
Fuel cell electric vehicle (FCEV)
Plug-in hybrid electric vehicle (PHEV)
Hybrid electric vehicle (HEV)
Autonomous Electric Vehicles
By Vehicle Type
Passenger Cars
Small
Medium
Large
SUVs
Small
Medium
Large
Light Commercial Vehicles
Pick-Up Trucks
Vans
By Charger
Normal
Fast
By Power Output
Less than 100 KW
100-250 KW
Above 250 KW
By Sales Channel
OEMs
Aftermarket
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/israel-electric-vehicle-market
๐๐๐จ๐ฎ๐ญ ๐๐ฌ๐ญ๐ฎ๐ญ๐ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
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