The adoption of electric vehicles is expanding in the UAE and could account for up to 25 per cent of all new passenger cars and light commercial vehicle sales by 2035 amid the country’s decarbonisation efforts, a report has found.
EVs will have a market share of more than 15 per cent of all sales in the UAE by 2030, and could reach about 110,500 vehicles five years later, PwC’s recently released Mobility Outlook report found.
Currently, EVs – also known as battery electric vehicles –…