Al Bastanji: Electric vehicles seize more than 50% of the clearance activity from the Zarqa Free Zone.

Al Bastanji: Electric vehicles seize more than 50% of the clearance activity from the Zarqa Free Zone.

 

There is a notable decline in the clearance of petrol and diesel vehicles, against a rise in electric and hybrid ones.

There was a 15.7% growth in the clearance activity of 'hybrid' vehicles during the first ten months of 2023.

During the first ten months of 2023, the Chairman of the Jordan Free Zone Investors Association, Mohammad Al Bastanji, announced statistical data on vehicle clearance activity from the Zarqa Free Zone, compared to the same period in 2022.

Al Bastanji revealed that electric vehicles have captured more than 50 percent of the total vehicle clearance activity in the first ten months of 2023, reflecting a growing trend towards reliance on this type of vehicle.

He indicated that electric vehicles experienced a significant leap in the number of vehicles cleared during this period, with approximately 30,912 vehicles, marking an increase of 137.82% over the 12,997 vehicles last year.

It was also noted that the number of petrol vehicles cleared during the same period in 2023 was 10,034, a decrease of 25.33% compared to 13,434 vehicles in the same period of 2022.

Clearance of petrol vehicles during the first ten months of 2023 accounted for 16.3% of the total clearance activity, which amounted to 61,475 vehicles.

Additionally, diesel vehicles cleared experienced a decrease to 6,651 vehicles, an 18.32% decline from the previous year, which recorded 8,143 vehicles.

In a noteworthy development, Al Bastanji pointed to the increase in the number of hybrid vehicles to 13,876 during this period of 2023, a growth rate of 15.7% over 11,992 vehicles in 2022.

He explained that clearance on hybrid vehicles during this period in 2023 represented 22.56% of the total for the current year.

Regarding re-exportation, the numbers reached 38,188 vehicles, marking an increase of 6.41% over 35,890 vehicles the previous year.

Al Bastanji expressed optimism about these figures, reflecting the local market's confidence in the vehicles imported from the free zone, especially electric vehicles.

He appreciated the government's decision to implement guarantees on vehicles, which increased clearance activity in the free zone. The guarantees provided the buyer from the free zone with a better price and a warranty for their vehicle for three years for electric vehicles or 50,000 kilometers, whichever comes first, and two years or 40,000 kilometers for petrol and hybrid vehicles.