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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
This automobile industry is responsible for a large proportion of greenhouse gas emissions in the atmosphere. Electric vehicles have the ability to change the transportation industry completely. Dubai has promised that by 2030, 10% of all vehicles will be electric or hybrid.
Electric vehicles are less expensive to operate and maintain than conventional types of transportation. They produce very little noise when driving and are quite popular with customers. The introduction of electric vehicles into the market vary in battery capacity, mileage, seating capacity, colour, price, and other features, is enticing customers to invest in electric vehicles.
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | Intelligent EV Company NWTN to Establish Its Manufacturing Base in the UAE | NWTN, an intelligent electric vehicle (EV) business, announced a collaboration with Sultan Investments to build an EV SKD assembly center in Abu Dhabi's Khalifa Industrial Zone (KIZAD) | UAE | This would enhance better Technological Controls |
| 2 | UAE-based META4 to invest Rs 250 crore for EV two-wheeler plant in India | Nearly 500 direct and 2,000 indirect jobs will be created in the state as a result of the factory. | UAE | This would enhance better Technological Controls |
| 3 | UAE company opens new electric vehicle manufacturing plant in Dubai Industrial City | M Glory Holding Group's Dh1.5 billion facility is scheduled to produce 55,000 electric vehicles. | UAE | This would enhance better Technological Controls |
| 4 | Siemens to set up EV charging corridor in UAE | Siemens Technology has been chosen by the UAE's Ministry of Energy and Infrastructure to offer a nationwide network of electric vehicle (EV) chargers. | UAE | This would enhance better Technological Controls |
The government is launching a number of programmes and projects across the country to encourage green mobility, as transportation plays a critical role in reducing carbon emissions.
The projects are designed to improve public transportation and encourage people to switch to natural gas, hydrogen, and electric vehicles. The United Arab Emirates has one of the highest concentrations of charging stations and is working to expand its network.
Hyundai Trucks and Bus is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. HMC's zero-emission buses seems to be the result of its designers' never-ending quest for commercial trucks that are practical, reliable, and unique.
This breakthrough, which is in line with the era of smart globalization, embodies the exquisite mix of CV engineers' experience and expertise. With its modern design that is equivalent to that of advanced countries, the new model, Elec City, has re-established the character of modern mass transit. It also hints to Hyundai's future plans and mind-set.
GM has been one of the most advanced solution provider in the EV car requirements. BrightDrop was presented by GM in January in an attempt to capture a piece of the expanding electric delivery vehicle market in order to better compete with Ford Motor Co and other companies like Rivian Automotive Inc.
The remaining 5,400 are for the BrightDrop's full-size delivery van EV600 and its medium-sized delivery van EV410. Verizon Communications Inc has already signed on as a customer for the EV410.
| 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, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 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, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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