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Electrifying Future: Emerging Trends and Strategic Targets in the Middle East

Written By: Ruweda Memon
Published On: August 9, 2024

Infographic

Electrifying Future: Emerging Trends and Strategic Targets in the Middle East

Written By: Ruweda Memon
Published On: August 9, 2024
This infographic presents an overview of the burgeoning electric vehicle (EV) market in the Middle East. It highlights the region’s ambitious targets and key trends to shift towards sustainable transportation. It explores how the Middle East is steering towards a greener future with electric mobility.

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.
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