Monthly Review September 2025

Preface – Economic Climate

The Israeli economy continues to face significant challenges due to the complex security situation and global market conditions. Economic indicators reflect mixed trends: on the one hand, low unemployment and relatively moderate inflation indicate economic resilience; on the other, the high deficit and rising debt-to-GDP ratio underscore the need for cautious fiscal management. The forecast for moderate growth in 2025 emphasizes the importance of growth-supporting policy measures.

The Israeli economy is advanced and participates in the OECD organization. Its current GDP per capita is $58,955, and its growth rate in Q2 of 2025 was -3.4%.

Israel maintains a 4.7% deficit of the GDP from October 2024 to September 2025.

The debt-to-GDP ratio increased to 69% in 2024, and the unemployment rate was 3% in August 2025. As of September 2025, the annual inflation growth rate declined to 2.9%. In September 2025, the short-term interest rate remained at 4.5%, while the long-term interest rate stood at 4.13%.

Statistical Profile

Society

Population (September 2025): 10.148 Million

Economy

GDP per capita (September 2025): $ 58,955

Inflation (September 2025) (Annual Growth Rate): 2.9% 

Current Account Balance (2024): 3.2% of GDP

Trade in Goods and Services (September 2025): $12.7 billion

Finance

US Dollar Exchange rate (September 2025, Avg.): NIS 3.306

Euro Exchange rate (September 2025, Avg.): NIS 3.88

Long-term interest rates (September 2025): 4.13% Per Annum

Short-term interest rates (September 2025): 4.5% Per Annum

Government

Debt to GDP ratio (2024): 69%

Deficit to GDP (October 2024 - September 2025): 4.7% 

Motorization

Level of Motorization (2024): 421 Vehicles/1,000 Residence

Innovation and Technology

Gross Domestic Spending on R&D (2023): 6.3% of GDP

Environment

CO2 Emissions (2023): 6.7 Tonnes Per Capita

Jobs

Employment Rate (September 2025): 62.7% of the Working-Age Population

Official Unemployment Rate (September 2025): 3% of the Labour Force

New Cars and CV Registrations

 New Passenger Car Registration: January-September 2025

Passenger car registration: an increase of 25.7% compared with September 2024.

In September 2025, the Israeli passenger car market registered 29,299 new cars – an increase of 25.7% compared with September 2024. Since the beginning of the year, 242,037 new cars were registered, an increase of 6.9% in deliveries compared with last year. Since January 75,425 new cars with electric propulsion (BEV+PHEV) were registered. The market share of pure EVs currently stands at 20.5%.  

New Passenger Cars Registration According to Brands: January-September 2025

New CV above 3.5-ton Registration: January-September 2025

Commercial Vehicles above 3.5 tons registration: 17.5% increase compared with September 2024.

In September 2025, the Israeli market for CVs above 3.5 tons registered a 17.5% increase in deliveries, with 1,156 new registrations, compared with 984 units in September 2024. Since January, 10,896 CVs and Buses have been registered, an increase of 1% compared with Jan-Sep last year.

New CV above 3.5-ton Registration According to Brands: January-September 2025

New Bus Registration According to Brands: Jan-September 2025

Israel's Auto and Auto-Tech industry

UTech Corp Selects Jungo's VuDrive to Expand Access to AI Video Telematics for Fleets

Jungo (TASE: JNGO), a leader in AI-driven fleet safety and video telematics,  announced a partnership with UTech Corp, a US-based expert in custom logistics software solutions for transportation and trucking companies. Under this collaboration, UTech Corp will begin offering VuDrive, Jungo's all–in–one AI video telematics system, to its technology-forward client base. VuDrive packages dual–facing AI cameras, real–time driver alerts, GPS tracking and telematics insights into a single, easy–to–install device, making safety, compliance, and visibility more accessible and efficient. Powered by edge AI, VuDrive streamlines fleet operations with integrated video, safety, location, and telematics capabilities. All at a level of accuracy and affordability that opens advanced fleet technology to a wider range of operators, removing reliance on layered or bundled systems. UTech Corp brings deep knowledge in logistics software, backed by custom platforms, ELDs, dispatch tools, and API–rich integrations that serve thousands of users, making them a natural match for bringing advanced telematics within reach of customer fleets. This partnership marks another important expansion of Jungo's US presence, helping bridge cutting-edge AI telematics with best-in-class software platforms trusted by logistics professionals.

Vontier’s Driivz Partners with ezVOLTz to Support Reliable EV Charging for Government and Commercial Entities

Driivz, a Vontier (NYSE: VNT) company and leading global software supplier to EV charging operators and service providers, today announced a partnership with ezVOLTz to install its EV charging and energy management software to enable ezVOLTz’s Charging as a Service (CaaS) solution. ezVOLTz is an end-to-end managed service provider for EV charging infrastructure, serving state and local governments in addition to businesses, retail locations, and EV fleets. ezVOLTz’s comprehensive CaaS solution includes hardware-agnostic charger installation paired with ezCONNECT Management Software, which optimizes data gathering, reporting, billing, and transaction processing. As ezVOLTz continues to expand CaaS services to commercial and government clients nationwide, this partnership will incorporate Driivz’s EV Charging Management platform into ezVOLTz’s existing operations. The two companies are focused on providing ezVOLTz customers with seamless charging experiences. Driivz and ezVOLTz will work together to maintain ezVOLTz’s goal of maximizing uptime with Driivz’s round-the-clock monitoring of network health. They will also leverage Driivz’s Alert Management System (AMS) to identify and resolve charger issues in real-time to maximize charger stability and availability. By using auto-detection and self-healing algorithms, Driivz can fix up to 80% of charger issues remotely and automatically without needing to dispatch a field technician for maintenance. Driivz’s platform will enable ezVOLTz to scale charging network operations by easily adding new chargers and providing detailed analytical insights into utilization rates, time of day usage patterns, and more. This will pinpoint trends to identify optimal locations for new charger deployments and network expansion. As part of the partnership, Driivz will support the ezVOLTz app, which offers an extensive directory of every charging option available nationwide for seamless trip planning and navigation around precise charging waypoints.

Opsys LiDAR Heads to Space in Landmark Deployment

Opsys is proud to announce that its Pure Solid-State LiDAR technology is being launched into space through multiple partner programs. This milestone highlights the unmatched ruggedness, longevity, and reliability of Opsys’ solid-state approach, proving its readiness for the most demanding environments - including space missions. Unlike traditional LiDAR systems, Opsys’ Pure Solid-State LiDAR contains no moving parts, enabling superior durability, lower power consumption, and long-term performance in mission-critical applications. The deployment of this technology in space not only validates its robustness but also underscores its potential for a wide range of industries requiring extreme reliability. The integration of Opsys’ LiDAR into these well-known space missions reflects growing recognition of the need for next-generation sensing technologies capable of advancing exploration, navigation, and safety in harsh environments. LiDAR technology needs to be extremely sophisticated for such critical missions, and the fact that Opsys LiDAR can operate in extreme temperatures and withstand major shock vibrations is just a couple of examples of how advanced a LiDAR unit needs to be. LiDAR will play an increasingly important role in space missions as the technology has many uses. For example, planetary mapping and surface analysis, orbital altimetry and surface profiling, landing and habitat utility, sample collection and identification, tracking space debris and satellites. This milestone marks an exciting step in Opsys’ mission to redefine LiDAR performance standards and demonstrates the company’s readiness to support both terrestrial and extraterrestrial applications.

Foresight and Thermal Camera Giant Guide Infrared Collaborate to Develop Cost-Effective Stereoscopic Cameras

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced a strategic collaboration with Wuhan Xuanyuan Intelligent Driving Technology Co., Ltd. (“XY IDrive”), a subsidiary of Wuhan Guide Infrared Co. (“Guide Infrared”) (Shenzhen stock code: 002414, market cap of approximately $7.5 billion as of August 28, 2025), a leading global Chinese developer and manufacturer of infrared thermal imaging systems. Together, the companies will develop cost-effective, automotive-grade stereoscopic thermal cameras designed to meet the stringent requirements of advanced driver assistance systems (ADAS) and autonomous vehicles, empowering safer mobility across diverse market segments. By combining XY IDrive’s infrared thermal imaging technology with Foresight’s 3D perception expertise, the collaboration aims to deliver high-performance thermal stereoscopic cameras that improve object detection and situational awareness in low visibility and challenging weather conditions, where conventional sensors are often limited. By offering stereoscopic thermal vision at a competitive price point, the companies seek to accelerate adoption across automotive, industrial, logistics, drone, and agricultural markets. The camera will feature a Gigabit Multimedia Serial Link (GMSL) interface, providing fast and reliable video transmission and simplifying integration across diverse markets. The cameras will also be compatible with varied NVIDIA ECU configurations, providing manufacturers and operators with the flexibility to integrate seamlessly into existing platforms. This compatibility is expected to accelerate deployment by reducing development time and cost for original equipment manufacturers (OEMs), Tier One suppliers, and other technology providers. This collaboration underscores Foresight’s commitment to advancing affordable 3D perception solutions that enhance safety and operational efficiency across a wide range of environments. The thermal cameras, designed for seamless integration into diverse systems, including industrial and agricultural applications, deliver superior performance in detecting people, obstacles, and potential hazards under challenging conditions.

Arbe Robotics wins the Innovation award in the Perception Systems category in the 2025 Just Auto Excellence Awards

Arbe Robotics (Arbe) has won the Innovation award in the 2025 Just Auto Excellence Awards for its advancements in radar technology for advanced driver-assistance systems (ADAS) and autonomous vehicle (AV) applications. Arbe’s developments are influencing vehicle safety, reliability, and the progression toward higher levels of driving automation. The Just Auto Excellence Awards honor the most significant achievements and innovations in the automotive industry. Powered by GlobalData’s business intelligence, the Awards recognize the people and companies leading positive change and shaping the future of the industry. Arbe won the award in the Perception Systems category for setting new industry standards in vehicle perception, enabling safer and more reliable advanced driver-assistance and autonomous driving solutions.

Arbe’s ultra-high-resolution Perception Radar represents a significant advancement in automotive sensing technology. While traditional automotive radars typically offer up to 200 virtual channels, Arbe’s solution features 2,304 virtual channels, ten times more than leading alternatives. This leap in channel count is made possible by a proprietary automotive-grade radar RF chipset, which includes 48 transmitting and 48 receiving channels and a dedicated radar processor chip. The result is a radar system capable of generating a point cloud with over 100,000 detections per frame, two orders of magnitude denser than any other radar solution currently available.

Innoviz Technologies Enhances its Automotive Tier-1 Supplier Position by Achieving Key Certification for LiDAR Testing Laboratories

Innoviz Technologies Ltd. (NASDAQ: INVZ), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensor platforms and complementary software stacks, announced today that its hardware qualification testing laboratories have received ISO/IEC 17025:2017 certification, an internationally recognized standard that validates the competence of testing and calibration laboratories. This achievement positions Innoviz as one of the few LiDAR companies with accredited in-house testing capabilities, allowing for faster testing time, parallel product development, and earlier time to market for customers. Innoviz's laboratories provide comprehensive in-house testing capabilities, including temperature and humidity testing, stone impact testing, weather resistance testing, and mechanical vibration and shock testing. The ISO/IEC 17025:2017 certification confirms that Innoviz's laboratories demonstrate technical competence and maintain robust quality management systems to ensure accurate, reliable, and traceable test results. It addresses stringent requirements from automotive OEMs who demand that LiDAR testing be conducted in monitored laboratories with tools calibrated to the highest standards. Innoviz's accredited laboratories offer substantial value to automotive partners by eliminating the need to outsource time-intensive testing protocols. This certification has been achieved based on the high proficiency, knowledge, and experience gained at Innoviz and the company's comprehensive quality management foundation, which includes IATF 16949:2016 certification for automotive quality management systems, ISO 14001:2015 for environmental management, and ISO 45001:2018 for occupational health and safety management.