Jordan’s EV sales expected to spike 45.9% in 2023, report finds
Jordan’s EV sales expected to spike 45.9% in 2023, report finds
AMMAN — Passenger electric vehicles (EVs) sales in Jordan are expected to expand by 45.9 per cent in 2023, reaching an annual sales volume of roughly 23,400 units, according to a recent report from Fitch Solutions.
The report also forecasts that EV sales in Jordan will average an annual growth rate of 10.4 per cent between 2023 and 2032, reaching a sales volume of over 40,000 units by 2032.
The report, published last June, attributes Jordan’s high uptake of passenger EVs to reduced import taxes, the arrival of new affordable Chinese models and high fuel prices.
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