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Source: Simply Wall Street

UAE Electric Vehicle Market Projected to Reach $246.3 Million by 2030

The electric vehicle market in the United Arab Emirates is projected to grow at an annual rate of 5.9%, reaching approximately $197.0 million by 2026 and $246.3 million by 2030. According to research cited by Simply Wall St, expansion is driven by accelerating EV adoption and sustained investments in charging infrastructure. The market study evaluates over 100 key performance indicators across sales, vehicle electrification, and infrastructure readiness.

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