UAE Sets Ambitious Goal: 50% Electric Vehicles on Roads by 2050
According to a government minister, the UAE aims to have 50 percent of cars on its roads powered by electricity by 2050. As part of this vision, a new network of electric vehicle charging stations will be established across the country.
UAE's Ambitious Roadmap Towards Electric Mobility
The recently approved National Electric Vehicles Policy, unveiled by Suhail Al Mazrouei, Minister of Energy and Infrastructure, aims to bolster the growing electric vehicle (EV) industry while supporting the country's objective of reducing energy consumption by 40 percent. The policy also sets a target of reducing carbon emissions by 10 million tonnes by 2050. It seeks to develop a comprehensive national network of EV chargers, regulate the EV market, and provide incentives to benefit the community. Furthermore, the policy focuses on the development of technical and legislative frameworks for recycling EV batteries.
Accelerating EV Adoption and Charging Infrastructure
The UAE's push towards electric mobility is gaining momentum, with EV sales witnessing rapid growth. Currently, EVs account for over 1 percent of the overall car market. The demand for EVs in the UAE is projected to continue rising at a compound annual growth rate of 30 percent between 2022 and 2028, as per the global electric mobility readiness index. To meet this increasing demand, the government plans to expand the network of public charging stations. Dubai, in particular, has announced a significant expansion, with the number of green charging stations set to increase by 170 percent by 2025. Within three years, the emirate will witness a remarkable growth from 370 to over 1,000 public charging stations, providing enhanced accessibility and convenience for EV owners.
Enabling Sustainability through EV Policies
The National Electric Vehicles Policy, a result of the Ministry of Energy and Infrastructure's efforts and the Global EV Market transformational project, aims to pave the way for a sustainable and electric future. By targeting 50 percent electric vehicle adoption on the roads by 2050, the UAE demonstrates its commitment to reducing greenhouse gas emissions and combatting climate change. The policy emphasizes the establishment of a comprehensive charging infrastructure to support the growing number of EV owners, while also regulating the EV market to ensure safety and consumer satisfaction. Additionally, the policy focuses on the development of mechanisms for battery recycling, addressing the sustainable management of EV batteries throughout their lifecycle. Through these measures, the UAE is taking significant strides towards achieving its energy consumption and emissions reduction goals, positioning itself as a leader in electric mobility.