The UAE ranked 7th globally and secured the top position in the MENA region on the Global Electric Mobility Readiness Index (Gemrix). This demonstrates the nation’s dedication to sustainable transportation and its goal of achieving carbon neutrality by 2050.
It moved up a notch in this year’s ranking, reflecting the tangible results of the country’s endeavors. This development is underscored by the fact that 82 percent of residents express their readiness to choose an electric vehicle (EV) as their next mode of transportation.
Government transportation strategies
The UAE has taken proactive steps to encourage the adoption of EVs through multiple initiatives. Strategies like the Dubai Green Mobility Strategy 2030 aim to have around 42,000 electric cars on Dubai’s streets by 2030.
Another essential component of this effort is the EV Green Charger initiative. It has notably increased the accessibility of charging stations throughout the country. Currently, the country has around 700 charging stations in operation. Moreover, this infrastructure will continually expand to meet the rising demand for electric vehicles.
“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” stated Joseph Salem, Partner and Travel and Transportation Practice Lead at Arthur D. Little Middle East.
Therefore, ADNOC and Abu Dhabi National Energy Company established a joint venture called E2GO to expedite the shift towards sustainable transportation. This partnership is designed to address the changing needs of EV users and promote their adoption.
The collaboration between ADNOC and TAQA marks a substantial advancement in EV-charging infrastructure. Therefore, by tapping into new revenue streams and meeting user requirements, this collaboration will increase EV adoption in Abu Dhabi.
Emerging EV markets witness growth
Within the category of Emerging EV Markets, the UAE and Hong Kong are front-runners, boasting a score of 57. This score highlights their dedication to e-mobility, even in the face of operational and financial challenges. Notably, these markets are making substantial strides in advancing infrastructure and gaining customer acceptance for electric vehicles. Additionally, an entrepreneurial spirit and a flourishing startup environment have played a pivotal role in driving EV innovations worldwide.
In the UAE, government-driven efforts have led to a growth in EV charging infrastructure. This encourages customers to consider EVs as their next vehicle. Furthermore, the UAE and Southeast Asia, including Thailand and India, present promising investment opportunities in this market. They are able to influence the market by introducing new electric vehicle options and innovative charging infrastructure solutions.
The UAE’s commitment to e-mobility and sustainable transportation is already seeing positive results. Without a doubt, it will strengthen its position with new initiatives and private-sector partnerships.
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