The driving tax planned for electric motor vehicles is anticipated to be at a price of NIS .15-.20 for every kilometre, which will total to NIS 3,000-4,000 per year for a motor vehicle that travels an ordinary of about 20,000 kilometers on a yearly basis. This emerges from interior conversations at the Ministry of Finance.

The selection to impose a driving tax is integrated in the draft Economic Preparations Bill released this week, and the tax could appear into power in mid-2023 or early 2024, topic to the price range passing the Knesset and political developments. The Ministry of Finance estimates that in the early several years of the tax, although figures of electric powered automobiles on Israel’s roadways are nonetheless pretty very low, mostly since of offer complications, the tax will produce some NIS 120-140 million profits per year. From the next 50 % of the decade,