UAE Ranks 7th Globally in Electric Vehicle Readiness with 82% Residents willingness to buy EVs

Ranked 7th worldwide and taking first in the region, the UAE's prowess in electric vehicle (EV) readiness table is a testament to its dedication to sustainable transportation and its ambitious goal of achieving carbon neutrality by 2050.

Elevating itself by a notch from last year's standing, the Emirates' endeavors are yielding fruit, with an impressive 82 percent of residents expressing their interest in making an EV their next automotive purchase.

The UAE government has taken proactive steps in supporting EV adoption, exemplified by initiatives like the Dubai Green Mobility Strategy 2030. This visionary strategy envisions enhancing the streets of Dubai with a fleet of approximately 42,000 electric cars by the year 2030. A keystone of this initiative is the EV Green Charger project, a force that has substantially boosted the availability of charging stations across the nation. With close to 700 electric stations presently, this infrastructure is in a constant state of expansion, keeping pace with the increasing numbers of electric vehicles.

Arthur D. Little, the esteemed global management consulting firm, recently unfurled the Global Electric Mobility Readiness Index (GEMRIX) for 2023. Norway maintains its distinguished position as the global lead in EV readiness, though China emerges as a formidable contender. Following in the wake of these industry titans, three distinct clusters of countries are forging ahead in their efforts to drive up EV adoption.

Joseph Salem, Partner and Travel and Transportation Practice Lead at Arthur D. Little Middle East, lauds “The UAE's ambitious EV vision is supported by incentives, and the rapidly expanding charging infrastructure is fueling the growth of EVs on the country's roads. With the UAE aiming to become carbon neutral by 2050, the government's emphasis on EV adoption is crucial in achieving significant reductions in emissions.”

Should you cast your gaze toward emerging EV markets, the UAE and Hong Kong take the lead. Their unwavering commitment to e-mobility shines through, even in the face of operational and financial hurdles. These markets are the stage for rapid strides in infrastructure development and an enthusiastic embrace of electric vehicles.

Innovation in the EV landscape owes much to a dynamic entrepreneurial culture and a flourishing start-up ecosystem, a global phenomenon. The UAE's venture into EV-charging infrastructure expansion, guided by government initiatives, has played a pivotal role in cultivating consumer eagerness to embrace EVs as their vehicle of the future. Additionally, the Middle East and South-East Asia, for the most part the UAE, Thailand, and India, present fertile ground for entities poised to shape the EV market, offering fresh electric vehicle solutions and forward-thinking charging infrastructure.

The report makes a compelling distinction: the shift towards EVs in higher-income countries is propelled mainly by environmental considerations, whereas in lower-income nations, the decisive factor is cost efficiency. The paradigm shift towards sustainable transportation is on a global scale, with each region adding its unique brushstroke to the electrifying portrait of the future.

For the freshest reveals, launches, and world premieres, keep those eyes peeled on our social media hubs: Instagram, Facebook, Twitter, LinkedIn, and YouTube. For an in-depth dive into all things Geneva International Motor Show Qatar, cruise over to the YallaMotor’s Blog. Stay revved up!