UAE:Now, affordable electric vehicles will soon be available in the market

  • Date: 01-Jun-2023
  • Source: Zawya
  • Sector:Transport
  • Country:UAE
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UAE:Now, affordable electric vehicles will soon be available in the market

The UAE’s first-ever e-mobility-focused dealer will start the sale of a diverse range of affordable and premium electric vehicle brands with plans afoot to set up nearly 3,000 charging points by 2030.

Since its launch in mid-March this year, Al Futtaim Electric Mobility has engaged with EV brands like Chinese giant BYD and Swedish brand Polestar.

Hasan Nergiz, managing director, Al-Futtaim Electric Mobility company, said the company is looking to tap different price points by offering affordable BYD models to premium Polestar, with the Chinese brand seeing strong demand from customers in the pre-sale phase.

“BYD is our mainstream model to democratise the local EV market. We recently launched BYD ATTO3 C-SUV at Dh149,000. It is the most affordable electric SUV you could find,” Nergiz told Khaleej Times in an interview on the sidelines of the Abu Dhabi Electric Vehicle and Innovation Summit (EVIS) 2023.

BYD is the world’s leading new energy vehicle manufacturer, selling 1.86 million NEVs worldwide last year. Residents can reserve an ATTO3 by paying a deposit of Dh2,000 or opt for financing options starting from Dh1,499 monthly.

“We are lowering the entry barrier to own an EV.”

Two weeks back, the pre-sale of BYD ATTO3 began at The Zone by Al Futtaim,