EVs will make up 50% of cars on UAE roads by 2050

WAM

The UAE seeks to increase the share of electric vehicles (EVs) to 50 percent of total cars on its roads by 2050 in a bid to drive green mobility, said minister of energy and infrastructure Suhail Al Mazrouei.

“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,” the minister said at the launch of the ‘Global EV Market’ transformational project.

The project will support the objectives of the UAE net zero by 2050 initiative, drive a circular economy and reduce the carbon footprint of the transport sector.

Al Mazrouei stated that the project will see electric vehicle charging stations installed in all emirates and close to borderlines.

To support the global EV market project, the ministry has signed several cooperation agreements with Etihad Water and Electricity, Bee’ah Group and the American University of Sharjah, as well as EV manufacturers and investors, including Audi, Siemens, BMW, Jaguar Land Rover, NEV Investment, Mercedes-Benz, General Motors and Porsche.

Through these agreements, the partners will offer incentives for people to own EVs, facilitate investment in the UAE network of electric vehicle charging stations and install them across federal buildings and roads and truck rest stops.

Hassan Mohammed Juma Al Mansouri, undersecretary for infrastructure and transport affairs at the ministry of energy and infrastructure, said the project includes installing over 700 EV chargers in two phases at targeted locations across the country.

“This will be done in collaboration with EV manufacturers and investors,” he added.