UAE ranked eighth globally for EV readiness

  • Date: 12-Sep-2022
  • Source: SME10X
  • Sector:Oil & Gas
  • Country:UAE
  • Who else needs to know?

UAE ranked eighth globally for EV readiness

Accelerated by the increasing threat of climate change, interest in electric mobility has escalated over the last four years, both within companies and across societies, according to the findings of a new study conducted by Arthur D. Little. The report analyses market drivers for electric vehicles (EVs) and evaluates overall readiness across markets.

The Global Electric Mobility Readiness Index (Gemrix 2022) finds that there has been a massive jump in EV adoption worldwide. Governments across the Middle East region are accelerating development of EV technology with Saudi Arabia’s pledge to become carbon neutral by 2060 and have 30 percent of vehicles in Riyadh electric by 2030. The UAE, with an aim to become carbon neutral by 2050, ranks 8th globally in terms of readiness for electric mobility.