Electric Vehicles: Key Trends and Targets in the Middle East
Regional Trends
- In ME, around 3% of sales are electric right now and 15% of sales are expected to be electric in 2030
- UAE is the leader in the region’s e-mobility market. In Global Electric Mobility Readiness Index 2023, UAE stands 7th globally and 1st in the Middle East region.
- Autonomous vehicles are an emerging technology in UAE and Masdar city is hosting several smart autonomous vehicle companies.
- Saudi Arabia encourages domestic manufacturing. CEER is the 1st domestic EV brand with licensed technology from BMW. Local EV manufacturing plants are being built, for example: Lucid Motors is constructing a facility with a capacity of manufacturing 155,000 EVs annually and Hyundai aims to manufacture 50,000 fuel-powered and EVs annually in Saudi Arabia.
- Jordan is the only country in ME that has strong incentives to promote the import of EVs as the country provides customs exemptions and has simplified the licensing processes.
EV Charging Infrastructure Service Overview
The research presented in this article is from PTR's EV Charging Infrastructure market research. For information about this service please submit a request shown below.
Europe: +49-89-12250950
Americas: +1 408-604-0522
Japan: +81-80-7808-1378
GCC/Rest of APAC: +971-58-1602441
More About our: EV Charging Infrastructure Market Research
Recent Insights
Transmission Titans: APAC’s HVDC Market Dominates with 29 GW of Capacity
The APAC HVDC market is driven by factors such as the ability to reliably transmit high power loads over long distances, efficient transmission with minimal transmission and distribution losses. Due to varying market dynamics, the region can be further segmented into...
Impact of the Russia-Ukraine Crisis on Energy Markets
The global spotlight is on the Russia-Ukraine crisis, which has been responsible for wreaking havoc on international fossil fuel markets. Western powers responded to the crisis by proposing a number of sanctions on Russia, including ones on its fossil fuel exports....
Energy Security Concerns Post the Russia-Ukraine Conflict to Trigger Growth in the UK’s HVDC Market
• Following the Russia-Ukraine conflict, the UK has increased the target for its offshore wind generation capacity to 50 GW by 2030.• Currently, projects accounting for 86 GW of generation capacity are in the pipeline in the UK and are expected to be realized in the...
HVDC Technology to Become a Key Enabler in Americas Shift Towards Clean Energy
Historically, the Americas region has been lagging with respect to other key HVDC markets such as Europe and China. However, there are several HVDC projects in the pipeline in this region. The infographic below shows the planned HVDC projects (capacity) in the region...
Overview of VSC & LCC Market (2016-2020)
With a global increase in energy demand, there is an apparent trend shift in the power grid with emphasis on decarbonization and digitization. Consequently, we see the growth of intermittent distributed energy resources. This trend shift is causing HVDC to become one...
Finland’s Success with Nuclear Repository to Affect Energy Mix in Countries
According to Power Technology Research, Finland’s electricity generation installed capacity accounted for 15.16 GW in 2020. Wind and solar accounted for 2.58 and 0.25 GW of installed capacity respectively. Finland’s nuclear waste repository at Onkalo will cost...
The Role of HVDC in the U.S. Energy Transition
In 2020, coal production in the U.S. declined 24% year over year accounting for the lowest coal production since 1965 (per . Electricity generated from renewables has been growing and surpassed generation from coal in 2020. President Biden has set a target to install...