New Auto FZCO gears up to introduce a new EV consignment to the UAE luxury car market

New Auto FZCO gears up to introduce a new EV consignment to the UAE luxury car market

Dubai: Reckoning the rise in demand for electric cars in the UAE; New Auto FZCO, the region’s leading name in the luxury car market, has announced the arrival of a new consignment in EVs. The new fleet is an assortment of various models from global automobile players like Volkswagen, BMW, Toyota, Lexus, and Audi.

Speaking of their newest procurement, Bilal Nasr (CEO, New Auto FZCO) said; “The revolutionary change in green mobility is quite exciting and welcoming. Not restricted to the Middle East but globally, consumer behavior seems inclined toward EVs because they are non-polluting. The UAE government has also been encouraging the use of EVs with various incentives like low taxes, free parking, and even salik free. The brands and models that have arrived are also exported to other countries like the CIS, Iraq, and Kazakhstan.”

The political crisis between Ukraine and Russia has resulted in fluctuating fuel prices. While gasoline recorded a 13.8% hike to AED 3.96, the price of diesel increased to AED 4.14, an increase of 1.5%. The prices have been on a constant rise and consumers are experiencing a phase of instability in fuel consumption. The current situation has however worked in favor of the EV market