“This white paper provides recommendations for policymakers in the UAE and around the region and a comprehensive overview of the EV market in the UAE, covering the current policy landscape, infrastructure, challenges hindering the growth of the market and the opportunities for businesses,” explained Stephan Gobert, Chief Strategy and Innovation Officer at ENGIE and Board Member at CEBC. “While the paper mainly analyses the UAE market, many of the learnings could be extended to the rest of the MENA countries.”
The paper shows that while the UAE has made great advances in EV infrastructure development, the models available and consumer and corporate appetites to shift from conventional vehicles implementation of the transition is slow.
“The existing EV infrastructure is not perceived as sufficient. Many companies may install their own charging stations to tackle this issue. Furthermore, most companies plan to make their charging stations available for public use, in addition to being used for internal needs.
“This effort by the private sector could support the UAE in strengthening its EV infrastructure,” says the report. “While new models are coming to the market and prices are going down with time, compared to previous years, we can still see that one of the barriers to entry is the purchase price of EVs, which are set to change in the near future with economies of scale and advances in battery technologies.”
The Clean Energy Business Council MENA is on the advisory board of Hypermotion Dubai which is hybrid event of three strategic conferences, high-end networking, competitions, and pitches covering all aspects of future of intelligent transport systems, and the region’s only event for the disruption, decarbonization, and digital transformation of transport, logistics and mobility.
“This whitepaper provides essential insights into the infrastructure and perception challenges and solutions impacting the pace of electric vehicle uptake throughout the MENA region,” explained Simon Mellor, CEO of Messe Frankfurt Middle East, organizer of Hypermotion Dubai.
“Transport and sustainability are inextricably linked and as countries throughout MENA look to expand their environmental credentials, the role, scale, and scope of electric vehicles needs to be fully understood. This whitepaper and its recommendations will go a long way to enabling that vital comprehension.”
Hypermotion Dubai is held under the patronage of HH Sheikh Ahmed bin Saeed Al Maktoum, President Dubai Civil Aviation Authority, Chairman & CEO Emirates Group and Chairman Dubai Airports.
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Background information on Messe Frankfurt
Messe Frankfurt is the world’s largest trade fair, congress and event organiser with its own exhibition grounds. With just under 2,600 employees at 29 locations, the company generates annual sales of some €736 million. We have close ties with our industry sectors and serve our customers’ business interests efficiently within the framework of our Fairs & Events, Locations and Services business fields. One of the Group’s key USPs is its closely knit global sales network, which extends throughout the world. Our comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services. Headquartered in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent).
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About Messe Frankfurt Middle East
Messe Frankfurt Middle East’s portfolio of 16 exhibitions includes Automechanika Dubai, Automechanika Riyadh, Beautyworld Middle East, Beautyworld Saudi Arabia, Hardware + Tools Middle East, Intersec, Intersec Saudi Arabia, Gifts & Lifestyle Middle East, Light Middle East, Materials Handling Middle East, Materials Handling Saudi Arabia, Middle East Cleaning Technology Week, Paperworld Middle East, Prolight + Sound Middle East, and SPS Automation Middle East. The subsidiary also organises a series of conferences and seminars including Digital Next, Think Light, and the International Conference on Future Mobility. In 2019, Messe Frankfurt Middle East exhibitions combined featured 6,282 exhibitors from 68 countries, and attracted 150,545 visitors from 156 countries. For more information, please visit our website at www.messefrankfurtme.com
© Press Release 2021