How Delivery Rankings Influence Electric Vehicle Depreciation in Israel

The electric vehicle market in Israel is currently in a state of flux. Just a year and a half ago, electric cars achieved a 25% market share, an achievement that placed Israel on par with Europe's "green" leaders. Today, the situation has shifted, and significant changes are evident in the delivery tables. The market has split into two distinct directions: the mass-market segment and the "luxury" segment.

Importers are increasingly focusing on models priced at 150,000 shekels or less, while competition in the segment above 200,000 shekels has intensified. The once-diverse category of vehicles in the 170,000–180,000 shekel range has shrunk significantly due to aggressive discounts and "zero-kilometer" campaigns.

Statistics vs. Reality

It is important to note that the Israel Vehicle Importers Association data reflects delivery volumes rather than just retail sales. In the first six months of the year, the top performers were brands far from the mass-market core:

• Xpeng: 3,183 vehicles

• Tesla: 3,155 vehicles

• BYD: 1,973 vehicles

• Deepal: 1,972 vehicles

• Geely: 1,661 vehicles

• ZEEKR: 1,244 vehicles

Impact on Depreciation

We analyzed the depreciation of popular 2025 models during their critical first year of ownership:

• Xpeng G6 Core: 13.17%

• ZEEKR 7 Long Range: 19.7%

• BYD Atto 2 Comfort: 26%

• Tesla Model Y Long Range: 27%

• Changan Deepal 05 Max: 28%

• MG 6 Luxury: 29.7%

• Geely EX5 Tech: 30%

• Kia EV3 SR: 33%

The data confirms that a manufacturer's position in the delivery table correlates with depreciation: the higher the ranking, the lower the value loss. "Luxury" models tend to retain value better than mass-market SUVs. This may be because importers of higher-end vehicles invest more in marketing rather than fleet sales. Notably, Western origin, as seen with Tesla and Kia, no longer guarantees superior value retention in a market where Chinese alternatives are increasingly competitive.