
-
Stocks rise on Nvidia-Intel deal, Fed rate cut
-
Trump says Putin has 'let me down' as UK state visit ends
-
IMF proposes US Treasury official as second-in-command
-
McLaughlin-Levrone mulls Olympic 400m double after silencing doubters
-
McLaughlin-Levrone steals the show at worlds, Botswana take men's one-lap gold
-
Clashes, disruption in France on day of anger against Macron
-
Mitchell defends England's 'route-one' tactics at Rugby World Cup
-
Antonelli vows to bounce back from Wolff criticism
-
Mourinho appointed at Benfica as he returns to Portugal
-
McLaughlin-Levrone powers to 400m world gold in second fastest time ever
-
Costs of Russian, Chinese cyberattacks on German firms on rise: report
-
Stock markets rise after Nvidia's Intel deal, Fed rate cut
-
McLaughlin-Levrone nears world record as she wins women's world 400m gold
-
Australian teen Gout hungry for more after worlds exit
-
Trump, Starmer sign tech deal to seal 'unbreakable bond'
-
Lyles, Tebogo sail into world 200m final but Gout out
-
Tennis legend Bjorn Borg reveals cocaine use in memoir
-
Clashes, disruption in France on day of anti-Macron 'anger'
-
Hodgkinson settles nerves in Tokyo after injury doubts
-
Coventry praises Milan-Cortina venue progress as IOC executives meet in Milan
-
Jaden Smith at Louboutin stirs fresh 'nepo-baby' fashion debate
-
Bank of England holds rate as inflation stays high
-
Tough topics top Trump-Starmer talks after regal welcome
-
Toulon's Jaminet eager to return for France after racist video
-
Gold medallists Kipyegon, Chebet line up 5,000m clash for world double
-
London Fashion Week hopes to usher in new era with leadership change
-
Benfica negotiating with Mourinho to be new coach
-
Deliveroo CEO to step down following DoorDash takeover
-
Stock markets fluctuate after Fed rate cut
-
S. Korea prosecutors seek arrest of Unification Church leader
-
England star Kildunne fit for World Cup semi-final against France
-
Jimmy Kimmel show yanked after government pressure over Kirk comments
-
Trump's UK state visit turns to politics after regal welcome
-
Malnutrition causes unrecognised type of diabetes: experts
-
China critic Takaichi joins party race, could become Japan's first woman leader
-
New Picasso portrait unveiled at Paris auction house
-
Israeli tanks, jets bombard Gaza City as Palestinians flee
-
Major disruption hits France on day of anti-Macron 'anger'
-
Germany's Continental launches IPO of car parts unit
-
Messi, Inter Miami agree to extend contract beyond 2026: source
-
Cambodian PM accuses Thai forces of evicting civilians on border
-
Trump says designating Antifa 'a major terrorist organization'
-
Wallabies scrum-half Gordon back fit for Bledisloe Cup clashes
-
US vaccine panel to hold high-stakes policy meeting
-
In Nigeria's nightclubs, the bathroom selfie is king - or, rather, queen
-
Glitter and Soviet nostalgia: Russia revives Eurovision rival contest
-
EU seeks 'face-saving' deal on UN climate target
-
Busan film competition showcases Asian cinema's 'strength'
-
Senational Son bags first MLS hat-trick as LAFC beat Real Salt Lake
-
Title rivals Piastri, Norris bid to secure teams' crown for McLaren
GSK | -0.42% | 40.191 | $ | |
RYCEF | 0.46% | 15.32 | $ | |
CMSD | -0.64% | 24.365 | $ | |
CMSC | -0.45% | 24.31 | $ | |
RIO | -1.56% | 62.025 | $ | |
NGG | -1.18% | 70.32 | $ | |
SCS | 0.95% | 16.89 | $ | |
RELX | 1.6% | 47.858 | $ | |
VOD | -1.83% | 11.45 | $ | |
AZN | -1.59% | 76.475 | $ | |
JRI | 0.22% | 13.88 | $ | |
BCC | 0.62% | 80.96 | $ | |
BCE | -0.88% | 23.285 | $ | |
RBGPF | -0.87% | 76.6 | $ | |
BTI | -1.66% | 55.115 | $ | |
BP | 1.21% | 34.72 | $ |

Electric vehicles gain traction in Jordan as petrol prices rise
Electric vehicle sales are surging in Jordan, a trend drivers and showrooms attribute to high petrol prices more than any concerns about air pollution and climate change.
Boosted by low import taxes, especially affordable Chinese-made models have become a common sight on the streets of Amman and the kingdom's desert highways.
Tesla owner Shadi Zatari, 43, says he no longer worries about pump prices since he plugs in his car overnight at home, allowing him to drive 400 kilometres (250 miles) on a single charge.
"The main goal of buying an electric car is definitely saving money," said the Amman-based merchant and father of three. "I saved almost two thirds of what I used to spend on gasoline."
With Octane 90 unleaded petrol selling at about $1.40 per litre, Zatari said he used to spend about 120 dinars ($170) on fuel per month.
He has slashed this to 40 dinars -- the average rise in his monthly electricity bill -- and is able to drive longer distances at no additional cost.
Zatari's car is one of 60,000 EVs now registered in Jordan -- still just a fraction of the total 2.2 million registered vehicles, but the fastest-growing segment.
The number of EVs on Jordan's roads rose 103 percent by the end of July from the same period last year.
The rise was 167 percent for all of 2022 -- a year that also saw imports of petrol and diesel powered cars drop 27 percent and hybrid vehicle imports fall almost 25 percent.
- Driven by savings -
EVs have become a common sight, especially China's Changan Eado EV and E-Star, and models sold by BYD, Dongfeng and MG.
Also popular are the South Korean-made Hyundai Ioniq 5 and Kona and Kia's Niro, as well as Japan's Nissan Leaf and Sylphy, Germany's Volkswagen ID4 and Italy's Fiat 500.
"There is currently a great demand for electric cars," said Hashim Al-Zayyat, director of Al-Zayyat Car Trading.
"The main reason is the high price of gasoline in Jordan, it is a burden with the high cost of living."
Jordan is facing tough economic times, with an unemployment rate of 22.6 percent last year, according to the International Monetary Fund, and youth unemployment around 50 percent.
Public debt exceeded 100 percent of GDP in the small and resource-poor country, which was hit hard by the Covid pandemic and the costs of hosting a large number of Syrian refugees.
The kingdom is now watching with high concern as Israel's war with Hamas militants flares in Gaza, the deadliest ever conflict in the Palestinian territory.
Amid the ongoing crises, budget-conscious Jordanians are mainly "interested in having the car travel the greatest distance with one charge", said Zayyat.
Battery-powered cars have none of the toxic tailpipe emissions that pollute cities, and are considered clean overall if they are charged using solar or wind power.
For most Jordanians, Zayyat said, "the issue is a matter of savings, not an environmental issue at all".
"The environment is the last thing one would think about," he added.
- Government incentives -
Jordan's government has encouraged the trend by slashing import duties on EVs to 10-15 per cent, far lower than for petrol cars, where duties can top 80 percent.
It has also licensed dozens of charging points at petrol stations and private businesses, and the number of battery-powered cars in the government fleet increased by a fifth in 2022.
Chinese-made EVs are especially popular in Jordan, said Haytham Abu Hasan, a sales consultant at the Changan Auto dealership in the capital.
"We used to sell 60 to 70 electric cars per month," he said. "Now we sell more than 100."
Many motorists driving petrol or diesel cars spend 150 to 200 dinars ($211-280) on fuel per month, Abu Hasan said, compared with the extra cost of 30 to 40 dinars for battery-powered cars.
Many motorists value the range, with the Changan E-Star able to go more than 300 kilometres on a single charge, the Eado EV achieving more than 400 kilometres and the SL03 more than 500 kilometres, he said.
"The demand for electric cars far exceeds the demand for gasoline cars, and every year it's greater than the year before."
H.E.Young--AMWN