UAE Electric Commercial Vehicle Market 2022-2027

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    UAE ELECTRIC COMMERCIAL VEHICLE MARKET

     

    INTRODUCTION

     

    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.

     

    Infographics : UAE Electric Commercial Vehicle Market, UAE Electric Commercial Vehicle Market Size, UAE Electric Commercial Vehicle Market Trends, UAE Electric Commercial Vehicle Market Forecast, UAE Electric Commercial Vehicle Market Risks, UAE Electric Commercial Vehicle Market Report, UAE Electric Commercial Vehicle Market Share

    UAE ELECTRIC COMMERCIAL VEHICLE MARKET DEVELOPMENTS AND INNOVATIONS

     

    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

     

    COMPETITIVE LANDSCAPE

     

    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.

     

    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, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    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, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

     

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