China-made electric vehicles dominate market, more expected

Experts expect the number of Chinese electric vehicles in Jordan to increase further. (Photo: Envato Elements)
AMMAN — Demand for the Chinese-made electric vehicles, which already dominate the market, is expected to rise in view of the government’s plan to increase the prices of oil derivatives.اضافة اعلان

Jihad Abu Nasser, representative of the automobile sector at the Jordan Free Zone Investor Commission (JFZIC), said there were very few China-made vehicles seen in the local market a year ago.

“A year ago, there were not so many electric cars of Chinese origin, but the Chinese government began to provide facilities and incentives for companies to manufacture these cars,” Abu Nasser told Jordan News.

He said the increased production came despite widespread accusations that China is one of the countries with the “most polluted environment.”

“There are many factors that contributed to the affordable prices of these cars, and resulted in the increased citizen demand for them,” he said. “Among these factors is the cost of the industry, which is less than European countries.”

Another reason, he maintained, was that factories continued working, even during lockdowns in the wake of the COVID-19 pandemic, which contributed to their availability in markets worldwide.

He said Chinese-made vehicles enjoy the latest state-of-the-art technology, with an added benefit, which is their affordable prices. Therefore, he added, “I expect that these cars, over the next 10 years, will command 50 percent of the Jordanian market.”

He explained that 70 to 80 percent of the electric vehicles, which have cleared Jordanian customs recently “were of Chinese origin”.

“This number is likely to rise more in the coming period, especially since citizens were not aware of the quality of Chinese cars, but when they try it, they will definitely want to buy it,” he added.

JFZIC head Mohammad Al-Bustanji said in a statement Sunday that there “is a clear increase in the clearance for electric vehicles, compared with a decline in the clearance of gasoline, diesel and hybrid.”

He said the reason was due to a trend towards “using electric vehicles, as they are economical in terms of significant savings in the energy consumed during use, and their ability to run for long periods”.

He explained that the global market “is witnessing a state of significant fluctuation in the supply of vehicles to importing markets because factories are reducing their production quantities”.

He said that was coupled with an “increase in shipping costs, and the repercussions of the Russian-Ukrainian war on the markets.”

Bustanji explained that the Chinese market “has become a major supplier of electric vehicles and its technology”. He noted that vehicle factories are racing to “develop electric vehicles significantly and distinctively”.

Energy expert Hashem Aqel predicted that demand for electric vehicles will continue until the end of the year as a result of the continuous rise in global oil prices.

“The clearance of electric vehicles has increased significantly, which is a clear indication of the conviction of Jordanians to acquire electric vehicles, and to take them as an alternative to gasoline-run cars,” he said.

He said that the high prices of oil derivatives has become a “real problem and constitutes an obstacle for Jordanians, and is pushing them to find alternative solutions such as electric cars, which will save them a lot of money.”

Nael Al-Kabariti, president of the Jordan Chamber of Commerce, said in a recent interview that global changes, “particularly those related to energy and technology, imposed a new reality, which forced us to change our way of life”.

He said that he believed that “all Jordanians will own electric cars in the coming period, if the situation remains as it is”.

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