UAE Leads MENA in EV Readiness, Ranks 7th Globally: GEMRIX 2023 Report

October 20, 2023

The United Arab Emirates (UAE) has achieved a significant milestone in electric vehicle (EV) readiness, securing the top rank in the MENA (Middle East and North Africa) region and the 7th position globally. This ranking was revealed in the "Global Electric Mobility Readiness Index (GEMRIX) 2023" report, published by the renowned global management consulting firm, Arthur D. Little.

This accomplishment underscores the UAE's dedication to sustainable transportation and its ambitious goal of achieving carbon neutrality by 2050. Notably, the UAE has climbed one position from its 2022 ranking. A striking 82% of UAE residents have expressed their intent to purchase an electric vehicle as their subsequent automobile. The UAE government has been proactive in fostering EV adoption. One of its flagship initiatives is the Dubai Green Mobility Strategy 2030, which has set a target of introducing 42,000 electric cars on the roads by the end of this decade.

The global Electric Vehicle market is valued at USD 388.1 billion in 2023 and is projected to reach USD 951.9 billion by 2030, growing at a CAGR of 13.7% from 2023 to 2030. The reduction in EV battery prices is a significant driver for the EV market. The cost of EV batteries has decreased from USD 1,200/kWh in 2010 to USD 160/kWh in 2023. In China, the price is as low as USD 100 per kWh. The high initial investment required for EV fast charging infrastructure is a major challenge.

A pivotal component of this strategy is the EV Green Charger initiative, which has substantially increased the number of charging stations across the nation, reaching a total of 700 stations. This expansion ensures the necessary infrastructure to support the rising number of electric vehicles in the UAE.

Emerging EV markets, including the UAE, US, Japan, and India, are demonstrating consistent progress towards electronic mobility, with scores ranging between 40 and 60. Globally, Norway retains its leadership in EV readiness, with China closely trailing as a formidable contender. Joseph Salem, a Partner at Arthur D. Little Middle East, emphasized the unwavering commitment of the UAE government towards electric vehicles and their increasing adoption. He accentuated the significance of incentives and a robust charging infrastructure in realizing the UAE's vision of carbon neutrality by 2050.


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UAE's dedication to sustainable transportation and its ambitious goal of achieving carbon neutrality by 2050.


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