UAE Electric Car Market 2021-2026

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    UAE ELECTRIC CAR MARKET

     

    INTRODUCTION

    EVs can also reduce noise pollution in cities. Governments should also consider promoting electric two-wheelers and electric buses as a way of reducing pollution and noise in populated regions where point-to-point charging is possible.

     

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    There are two types of electric cars (EVs): battery electric vehicles (BEVs), which rely only on batteries for energy storage and must be recharged by plugging them in, and plug-in hybrid electric vehicles (PHEVs), which combine batteries with liquid-fuel storage and refuelling systems. In both situations, the electric motor is extremely efficient, utilizing 90-95 percent of the input energy to propel the car forward and emitting zero pollutants.

     

    BEV is not a contemporary high-tech notion, but rather a fairly simple technological concept that has been available as a series product for more than 110 years. As a result, skilled people can simply perform e-conversion, which is the conversion of new or old ICEVs to electric vehicles. In contrast, contemporary lithium-ion battery technology, which is required for most BEVs to be practical in everyday life,

     

    UAE ELECTRIC CAR MARKET DEVELOPMENTS AND INNOVATIONS

     

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 UAE-Based Electric Vehicle Manufacturer One Moto Is Ready To Take On The World One Moto is an electric vehicle (EV) manufacturer offering a fleet of vehicles such as electric motorcycles, bikes, scooters, delivery and grocery vans, catering to the last-mile industry, as well as urban commuters. UAE This would enhance better EV Technologies and production

     

     

    UAE ELECTRIC CAR MARKET DYNAMICS

    There has been an increased and integrated usage of the Battery based electric vehicles into the industrial perspective of operations and within the Global Electric car rental market optimizations. With continuous development of EV promotion and application in all fields of urban mobility, EV applied in carsharing has become increasingly widespread. Positively affected by early well-known and successful cases worldwide.

     

    Various initiatives and programmes across the UAE are encouraging these shifts towards Green Mobility because the transportation sector plays a vital role in decreasing the carbon footprint. These programmes promote electric, hydrogen, and natural gas cars, as well as mass transportation systems such as Dubai’s light rail system and a high-speed train.

     

    In Dubai, for example, a new plan approved earlier this year by the Roads and Transport Authority (RTA) seeks to make public transportation emission-free by 2050. It will make Dubai the first city in the MENA area to have a comprehensive strategy for zero-emission public transportation and accompanying infrastructure. Consequently the popularity of EVs in the UAE has grown significantly.

     

    Incentives offered by the government, banks, and car dealers, has also led to the growth in the UAE’s imports of EVs and increased environmental awareness among citizens. UAE is one of the global leaders in shifting towards Green Mobility that has several health, environmental and economic benefits with the final aim to further improve the quality of life in UAE.

     

     

    UAE ELECTRIC CAR MARKET SEGMENTATION

     

    The UAE Market of Electric Car can be segmented into following categories for further analysis.

     

    By Battery Type

    • Lithium Nickel Manganese Cobalt (LI-NMC)
    • Lithium Iron Phosphate (LFP)
    • Lithium Cobalt Oxide (LCO)
    • Lithium Titanate Oxide (LTO)
    • Lithium Manganese Oxide (LMO)
    • Lithium Nickel Cobalt Aluminium Oxide (NCA)

     

    By Voltage Operation Type

    • Low (Below 48 V)
    • Medium ( 48 V – 72 V)
    • High (Above 72 V)

     

    By Drivetrain Configuration Type

    • Two Wheel Drive
    • Four Wheel Drive
    • All Wheel Drive

     

    By Regional Classification

    • Western Region – USA
    • Mid-West Region – USA
    • Northeast Region – USA
    • Southern Region – USA

     

    RECENT MARKET TECHNOLOGICAL TRENDS IN UAE ELECTRIC CAR MARKET

    The main aim of electric cars integration into the UAE Market is its potential contribution to increased electric vehicle adoption. The selection of a certain vehicle depends on the utility that the attributes of this vehicle have to the decision maker. In earlier years, most focus was on instrumental aspects such as price, range, and fuel consumption.

     

    There has been a recent changing trend in the Charging Infrastructure being planned for Electric Cars in UAE considering their presence under the luxury usage sector to be eminent and most promising. There has been technological integration of the Wall based high speed hyper charging capacitance. The advantage of the wall box is that it halves the charging time when compared to the wall socket charger. Dubai’s two-part strategy relies heavily on the EV charging infrastructure, investing in the build of hundreds of charging stations around the city.

     

    The most improvisation has been in the charging provision being provided for the EVs present in UAE through Mobile Charging platforms of operation. Charging vans, portable chargers, and temporary chargers are examples of mobile charging, where the chargers themselves are “on the go” and do not require infrastructure expenditures. There is no need for structural modifications, no large financial outlays, and no more issues for fleet EVs that require quick roadside charging – one of the first applications of the mobile charging vans.

     

     

    COMPETITIVE LANDSCAPE

    Electric vehicles are the closest thing to a pollution-free mode of transportation. Only the creation of power to charge their batteries and, potentially, the disposal of the batteries would have negative environmental consequences (although recycling may dispel this concern). Electric cars are the most current in a long line of developments that have swept the commercial automotive sector, and Dubai is at the forefront of this transformation.

     

    BMW has been one of the most technologically advanced electric car manufacturer presence maintained in the UAE with a possible sustainable future of prospective taken into action through the EVs. It has introduced the BMW i3 model of Electric vehicle-based operations, The body is composed of CFRP (Carbon-fibre Reinforced Plastic), which results in less weight and greater power to the wheels. The i3 has an electric motor with rear wheel drive and a single-speed gearbox, as well as an underfloor Li-ion battery pack and an auxiliary (and optional) combustion engine to extend the car’s range on long road journeys.

     

    Nissan Motor Company has also made its presence in UAE through the Nissan Leaf which has been the most economical EV in the market around the global scenario of operations as well. The Nissan Leaf has a range of around 241 kilometres on a single charge, making it very competitive in its immediate market. The Nissan can attain a peak speed of 150 km/h and a 0-100 kmph time of 7.9 seconds thanks to a synchronous electric motor with 110 kW (147 hp) driving the front wheels and energy provided by a 40 kWh Li-ion battery pack.

     

    COMPANIES PROFILED

     

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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