Popular car for 100,000 shekels at Rami Levy increases in price by 10%

Electric cars offered for sale for 100,000 shekels at the Rami Levy chain have increased in price by 10%, according to recent publications by the chain. About two months ago, car importer Delhum launched a line of Chinese vehicles through the Rami Levy retail chain in what was described as a "collaboration that redefines the purchasing experience in Israel."

According to the chain, the initial price set for the first 100 units was 100,000 shekels. It was reported that public interest was so high that the company's website crashed. However, the price update for the electric family car to 110,000 shekels was only implemented in the last few days, suggesting that it took longer than initially expected to sell the stock. The vehicle in question is the BAIC EU5 — an older model in the Chinese automotive industry equipped with only two airbags. It should be noted that the official price of this electric car is 135,000 shekels.

The Rami Levy chain stated:

"The successful and unprecedented collaboration between Delhum Motors and the Rami Levy Stock chain is causing a fundamental change in the automotive market in Israel. The groundbreaking connection between the car importer and the leading retail chain has created exceptional demand, proving the public's need for a combination of accessible prices and a simple purchasing process. The success was particularly prominent in the flash sales of the electric sedan BAIC EU5, offered in a limited edition of 100 units at about 99,900 NIS. At the same time, models of the luxury brand ARCFOX (Alpha T and Alpha S) also enjoyed huge demand, with the first 100 units snapped up in just a few days. In light of this phenomenal success, the collaboration continues in full force. We continue to offer additional models at accessible prices, adapting precisely to the changing needs of the Israeli consumer."