Nezha Motors entered the Israeli market

Nezha Auto announced today that it has entered the Israeli market and signed a strategic cooperation agreement with Blilious Group, a leading Israeli dealer group. This is the further rapid extension of Nezha's "going overseas" strategy after overseas markets such as Asia, Thailand, and Nepal, marking the first time that Nezha U and Nezha V models will enter the Middle East market.

From 2035, Israel will completely ban the import of gasoline and diesel vehicles, and imported vehicles will only be limited to electric or natural gas vehicles. In 2021, the sales volume of pure electric vehicles in Israel is 10,935, a year-on-year increase of 686%, and the pure electric penetration rate is 3.7%. It is estimated that in 2022, the sales volume of pure electric vehicles will reach 17,800 units, with a penetration rate of 5.9%; by 2025, the sales volume of pure electric vehicles is expected to reach 80,000 units, with a penetration rate of 30.8%.

In August, Nezha Automobile delivered 16,017 units, ranking first in the sales list of new car manufacturers, and achieved year-on-year growth for 26 consecutive months. From January to August this year, Nezha Auto has delivered a total of 93,185 units, ranking first among new car manufacturers, with a year-on-year increase of 176%.

Nezha Auto said that by the end of August, Nezha Auto had more than 5,000 overseas orders, and the number of overseas channels has grown to nearly 30. On September 15, Nezha Motors announced that it has become the first new car maker to launch new cars in Thailand and Nepal. Nezha V's right-hand drive version was launched in ASEAN Thailand, and the first overseas direct-sale store opened; in South Asia and Nepal, Nezha V After the right-hand drive version is launched, it will be delivered in batches. Nezha auto products were delivered in Nepal for the first time, marking the further expansion of Nezha's overseas presence into South Asia.