Future of Mobility: UAE Electric Vehicle (EV) Market Size, Share & Demand 2030

Thursday, 17 April 2025

The UAE Electric Vehicle (EV) Market is witnessing rapid growth as the country focuses on sustainable transportation and environmental conservation. With its commitment to reducing carbon emissions and embracing green energy solutions, the UAE is emerging as a leading hub for electric vehicle adoption in the Middle East.

Future of Mobility: UAE Electric Vehicle (EV) Market Size, Share & Demand 2030

Electric vehicles are a vital part of the UAE’s strategy to combat climate change and minimize its carbon footprint. The growing demand for EVs reflects the nation’s vision of building a greener, cleaner future.

Table of Contents

• Key Highlights of the UAE Electric Vehicle (EV) Market:
• Current Market Size and Growth Trends of UAE Electric Vehicle (EV) Market
• Statistics on the Current Market Size of EVs in the UAE
• Annual Growth Rate and Future Projections of the UAE EV Market
• Popular Electric Vehicle Models in the UAE
• Number of EV Charging Stations in the UAE by 2050
• Frequently asked questions

Key Highlights of the UAE Electric Vehicle (EV) Market:

• The UAE is experiencing significant growth in the Electric Vehicle (EV) market due to rising environmental concerns and sustainability initiatives.
• EV adoption is a crucial step towards reducing reliance on fossil fuels and lowering greenhouse gas emissions.
• The government is actively promoting eco-friendly transportation solutions through policies, incentives, and infrastructure development.
• Electric vehicles play an essential role in achieving the UAE’s long-term sustainability and net-zero carbon goals.
• The rising demand for electric vehicles positions the UAE as a leader in green mobility within the region.

The UAE Electric Vehicle Market is not just a passing trend but a reflection of the country’s commitment to environmental sustainability, innovation, and future-ready transportation solutions.

Current Market Size and Growth Trends of UAE Electric Vehicle (EV) Market

The UAE Electric Vehicle (EV) market is witnessing steady growth, driven by the country’s commitment to sustainability, clean energy, and innovative transportation solutions. The rising demand for EVs is a result of favourable government initiatives, evolving consumer preferences, and investments in renewable energy sources.

Key Growth Factors of UAE EV Market:

• The UAE’s Vision 2021 and UAE Energy Strategy 2050 aim to increase the contribution of clean energy and promote sustainable transportation.
• Growing consumer interest in environmentally friendly and cost-effective mobility solutions.
• Steady investments in renewable energy to reduce carbon emissions and dependence on fossil fuels.

Government Initiatives Supporting EV Market Growth:

• Attractive incentives for EV buyers, including:
  • Exemptions from road tolls
  • Free charging facilities
  • Reduced registration fees
• Expansion of EV charging infrastructure by:
  • Dubai Electricity and Water Authority (DEWA)
  • Abu Dhabi’s Department of Energy

How Many Electric Vehicles (EVs) Are There in the UAE?

The electric vehicle (EV) market in the UAE is expanding rapidly, fueled by the government’s strong focus on sustainability and reducing carbon emissions.

Current & Projected EV Numbers in the UAE:

• As of 2023, there are approximately 7,331 electric vehicles in the UAE, with the majority located in Dubai.
• By 2025, this number is expected to increase to around 12,852 EVs.

Key Factors Driving EV Growth in the UAE:

• Strong government initiatives supporting electric mobility.
• Ambitious plans to achieve net-zero carbon emissions by 2050.
• Growing awareness and demand for eco-friendly transportation options.

Growth Rate of UAE EV Market:

The UAE’s EV market is projected to grow at a Compound Annual Growth Rate (CAGR) of 24-30% between 2022 and 2028.

Statistics on the Current Market Size of EVs in the UAE

The UAE Electric Vehicle (EV) market has shown remarkable growth in recent years, supported by the government’s focus on sustainability and clean energy initiatives. The increasing demand for electric vehicles reflects the country’s commitment to reducing carbon emissions and promoting green mobility. Here are some key statistics highlighting the current market size and growth of EVs in the UAE:

• In 2023, the UAE Electric Vehicle (EV) market was valued at approximately USD 2,969.72 million.
• The overall market size of EVs in the UAE reached around USD 3.83 billion in 2023.
• According to Dubai Electricity and Water Authority (DEWA), there were about 7,331 electric vehicles registered in Dubai in 2023.
• In Abu Dhabi, there were:
  • 2,441 Electric Vehicles (EVs)
  • 4,138 Hybrid Vehicles
  • 9,412 CNG and Natural Gas Vehicles
• The UAE EV market is expected to grow at a Compound Annual Growth Rate (CAGR) of 13.38% between 2024 and 2030.
• The UAE government has set an ambitious target of having 42,000 electric vehicles on the roads by 2030.
• Dubai also aims to ensure that 30% of public sector vehicles and 10% of all new vehicle sales will be electric or hybrid by 2030.

Annual Growth Rate and Future Projections of the UAE EV Market

The UAE Electric Vehicle (EV) market is growing rapidly, supported by government initiatives, rising demand, and improved charging infrastructure. The country aims to achieve net-zero carbon emissions by 2050, driving further EV adoption.

Key Highlights:

• UAE EV market expected to grow at a CAGR of 30% from 2022 to 2028.
• EV sales increasing consistently year-over-year.
• Dubai’s EV count to rise from 7,331 in 2023 to 12,852 by 2025.
• Dubai targets 30% public sector and 10% overall vehicle sales to be EVs or hybrids by 2030.
• Abu Dhabi has 2,441 EVs, 4,138 hybrids, and 9,412 CNG/natural gas vehicles.
• Development of ultra-fast EV charging corridors across the UAE.
• Abu Dhabi currently has around 250 EV charging stations.
• Certified EV chargers like ADQCC, SASO, and DEWA Tested are boosting market growth.

Popular Electric Vehicle Models in the UAE

Electric vehicles (EVs) are becoming increasingly popular in the UAE, thanks to government initiatives, sustainability goals, and rising eco-friendly awareness. Here are some of the top-selling EV models in the UAE in 2024, along with their key features, specifications, and user ratings.

Number of EV Charging Stations in the UAE by 2050

The UAE Electric Vehicle (EV) market is witnessing rapid expansion, driven by the country’s vision for carbon neutrality by 2050. The government is heavily investing in EV infrastructure to support the growing demand for electric vehicles.

While there is no exact figure available for the number of EV charging stations by 2050, the UAE has set a target to install 70,000 charging points by 2030. With the current growth trend and sustainability initiatives, the number is expected to rise significantly by 2050.

Key Highlights:

• The UAE plans to install 70,000 EV charging stations by 2030.
• No official projection for 2050, but a substantial increase is expected beyond 2030.
• The rapid expansion of EV charging infrastructure supports the UAE’s 2050 carbon neutrality goals.
• The use of ADQCC Approved and SASO Approved EV Chargers ensures safety and quality standards.
• Increasing availability of charging stations is making EV adoption more convenient for users across the UAE.
• The growing EV infrastructure is expected to boost the UAE Electric Vehicle Market and encourage a shift from traditional vehicles to electric ones.

The future of mobility in the UAE looks promising with the rapid growth of the electric vehicle (EV) market. Backed by strong government initiatives, rising environmental awareness, and expanding charging infrastructure, the UAE is set to become a regional leader in sustainable transportation by 2030 and beyond.