Electric vehicle sales increase in Jordan due to high petrol prices

Electric vehicle sales increase in Jordan due to high petrol prices

0 minutes, 42 seconds Read

EVs have become a common sight, notably China’s Changan Eido EV and E-Star, and models sold by BYD, Dongfeng and MG.

The South Korean-made Hyundai Ioniq 5 and Kona and Kia’s Niro, as well as Japan’s Nissan Leaf and Sylphy, Germany’s Volkswagen ID4 and Italy’s Fiat 500 are also popular.

“There is currently a lot of demand for electric cars,” said Hashim Al-Zayat, director of Al-Zayat Car Trading.

“The main reason is the high price of gasoline in Jordan, it is the burden of the high cost of living.”

Jordan is facing tough economic times, with the unemployment rate last year at 22.6 percent, and youth unemployment at nearly 50 percent, according to the International Monetary Fund.

Public debt exceeded 100 percent of GDP in the small and resource-poor country, which was hit hard by the Covid pandemic and the cost of hosting large numbers of Syrian refugees.

560 Total Views 2 Views Today
Spread the love

Similar Posts