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07/06/2023

Ambitious Step to Turn the UAE into a Global Market for Electric Vehicles

The Global EV Market transformational project is an ambitious step in line with the objective of the 'We The UAE 2031' vision of enhancing the position of the UAE as a global partner and an attractive and influential economic hub.

The project aims to turn the UAE into a global market for EVs through preparing the country's infrastructure to accommodate the projected surge in the number of EVs. We seek to create a conducive environment for the growth of the EV market in the UAE through policy levers for investment and socio-economic and environmental incentive schemes. To support the shift to green mobility, we aim to increase the share of EVs to 50% of total vehicles on our roads by 2050.

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