Electric cars in the UAE will constitute 25% of the market in 2035

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Dubai aims to have more than 42,000 electric cars on its roads by 2030

I expected “PwC“ Global Consulting to increase share Electric cars In the UAE, about 15%, or about 58 thousand cars, of new passenger car and light commercial vehicle sales by 2030, and the share will rise to 25%, equivalent to about 110,500 cars by 2035.

A report issued by PwC, entitled “Prospects for Electric Mobility 2024… UAE Edition,” confirmed that the UAE is moving forward with its ambitious plan to revolutionize the field of electric mobility.

She stated that new policy initiatives to accelerate the deployment of charging infrastructure and faster adoption of electric vehicles could enable the UAE to achieve and even exceed its goals in the field of electric mobility.

PwC noted that the UAE has identified “mobility electrification” as a priority area, and it has now been seven years since an ambitious plan to decarbonize its infrastructure and energy production. Under the Energy Strategy 2050, the country seeks to combine renewable and nuclear energy sources to achieve carbon neutrality by the middle of this century, and the adoption of electric vehicles is a crucial element of this transition to a low-carbon economy.
PwC reported that Dubai has a significantly growing number of electric cars on the road, according to the Dubai Water and Electricity Authority, with the number of cars reaching 25,929 electric cars in Dubai by the end of December 2023.

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Dubai has put forward the Clean Energy Strategy 2050 and the Green Mobility Strategy. 2030, including the Green Charger Initiative for electric vehicles to expand the electric vehicle charging network and encourage the use of pure electric and hybrid vehicles throughout Dubai.

Transition to clean energy

PwC indicated that Dubai Electricity and Water Authority is leading the transition to clean energy, which aims to increase the network of public green charging stations in the city by 170 percent, from 370 in 2023 to 1,000 by 2025.

She explained that Dubai aims to have more than 42,000 electric cars on its roads by 2030, noting that selling electricity from electric car charging stations in Dubai is subject to a specific tariff determined by the emirate’s government and implemented by the Dubai Electricity and Water Authority, and private sector developers are not allowed. Or stakeholders setting their own tariffs for electric vehicle charging.

PwC reported that Abu Dhabi has witnessed remarkable growth in its fleet of electric vehicles, with the number of electric vehicles reaching 2,441 vehicles, 4,138 hybrid vehicles, and 9,412 natural gas-powered vehicles on its roads until late 2023, noting also that there are about 250 public car charging stations. Electrical in Abu Dhabi.

PwC explained that accelerating the share of new electric car sales and achieving the goals depends on several factors, including that electric cars be accessible to everyone, ensuring maximum efficiency and range of electric cars, charging infrastructure, and that ownership and operating costs are attractive for customers to switch to Electric cars.

 

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