The UAE intends to build EV charging stations that are both speedier and less expensive. Suhail Al Mazrouei, Minister of Energy and Infrastructure, stated that the UAE is trying to implement new rules that will shorten charging times while maintaining high efficiency and a reasonable price.
Mr Al Mazrouei stated on the sidelines of the World Utilities Conference 2023 that there are plans to increase the number to 800 outlets in the coming year, according to news agency Wam. A Dh600 billion plan to invest in clean and renewable energy sources over the next three decades is part of the UAE’s Net Zero 2050 Strategic Initiative, which was unveiled in 2021. Demand for EVs in the UAE is expected to grow at a compound annual growth rate of 30 percent.
According to the worldwide electric mobility readiness rating issued last year, this will happen between 2022 and 2028. According to a survey by the consultancy Arthur D Little, the country is ranked seventh in the world in terms of readiness for electric transportation. So far, the UAE has converted roughly one-fifth of its government agency cars to EVs, with a goal of having 42,000 on the road by 2030.The Dubai Electricity and Water Authority has stated that it intends to build 1,000 public charging stations in the emirate alone by 2025, up from 620 at the end of 2022. Adnoc Distribution and Abu Dhabi National Energy Company, or Taqa, have formed a joint venture to build and run EV infrastructure in Abu Dhabi, including a network of fast chargers at strategic sites. The emirate expects to need 70,000 charging points in 2030 to meet growing EV demand with an investment of up to $200 million.