Electric cars market share increases to 34.6% in Jordan over 5 years

2020 Volvo XC40 Recharge EV charging station EVs
EV Volvo XC40 Recharge at charging station. (Photo: Volvo)
AMMAN — Jordan Free and Development Zones Group (JFDZG) Director-General, Abdul Hamid Gharaibeh, announced on Wednesday that the market share of electric cars in the Kingdom increased to 34.6 percent during the period of 2018 to 2022.اضافة اعلان

Gharaibeh also revealed that there are expectations of a 68 percent annual growth in demand for electric cars imported to the free zone. He pointed out that the volume of traditional fuel cars leaving the free zone to the local market decreased to 27.1 percent, and the volume of hybrid cars was 24.9 percent in 2022.

Meanwhile, he notes a 169 percent increase in the number of electric cars registered in the market in 2022 compared to 2021, according to Al-Mamlaka.

StabilityGharaibeh said that the stability of fees and taxes, and the increase in the prices of oil derivatives, have greatly contributed to the growth in demand for electric cars.

He believed that encouraging the trade of electric cars in Jordan "will reduce spending on traditional energy sources and lead to a significant reduction in fuel consumption."

He added that reducing customs duties and general taxes on electric cars contributes to the rapid transition from traditional cars to electric cars.

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