Plug-in hybrids could dominate the Israeli car market by 2026, but long-term costs and value retention are uncertain

Plug-in hybrid vehicles are gaining significant traction in Israel, potentially capturing one-third of the market by 2026. These vehicles offer strong performance and fuel-saving potential, freeing drivers from range anxiety and charging station dependency, especially beneficial for those in apartments. However, long-term maintenance costs and depreciation remain concerns, with PHEVs potentially costing more to maintain than electric or standard hybrids.