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
Impact of US Elections On Global Energy Market
Biden will rejoin the Paris Agreement, which is the most inclusive global agreement on climate change to date. Unlike the Kyoto Protocol which focused on cutting emissions from the developed world, this agreement sets a goal to which almost every country in the world has agreed to contribute.
Demystifying China’s Power Grid
SGCC is a wholly state-owned enterprise with 30 departments, 6 branches, 27 provincial subsidiaries and 39 other subsidiaries.
COVID-19 & the World Markets
The effects of Covid’19 have been felt globally. According to the June 2020 Global Economic Prospects report by the World Bank, the global economy (in terms of GDP) is expected to contract by 5.2% in 2020. Advanced economies are expected to shrink by 7%, and...
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.