The UAE Electric Vehicle Market Research Report: Forecast (2024-2030)
The UAE Electric Vehicle Market is expected to grow at a CAGR of around 28.5% during the forecast period, i.e., 2024-30. Currently, the market for electric vehicles in the UAE is at nascent stage. However, in the future, it is set to expand at a phenomenal pace owing to rising concerns over future energy savings & growing levels of greenhouse gas emissions on account of the massive consumption of fossil fuels and the ever-increasing traffic congestions.
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