H. Sterling, ICEVM Strive to be Biggest Israeli EV Dealer
Israel China E.V. Motors Ltd. (ICEVM) is an Israeli-based joint venture established in September 2019 between H. Sterling Group and Gridish Holdings Ltd. of Israel, with a purpose of marketing Chinese electric vehicles to consumer and commercial markets in Israel. ICEVM is committed to becoming the largest EV marketer in Israel. Gridish Holdings is the largest real estate developer and holder in Israel.
H. Sterling Group has forged business partnerships between ICEVM and electric vehicle manufacturers across China. In late 2019, ICEVM established an EV showroom dedicated to ICEVM’s EV fleet of city buses and passenger cars. These electric vehicles were delivered from their partners in early 2019.