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Al Futtaim Automotive Shows UAE Interest in Electric Vehicles

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Al Futtaim Automotive Shows UAE Interest in Electric Vehicles

Al Futtaim Automotive Survey Reveals UAE;s Strong Interest in Electric Vehicles

Contents
Al Futtaim Automotive response:Survey respondents’ key motivators for switching to EVs:

A new survey by Al Futtaim Automotive in partnership with YouGov surveyed 2,008 UAE residents and revealed a significant shift towards electric vehicles (EVs).

  • Growing environmental awareness: 64% expressed concerns about the environmental impact of traditional cars and showed strong interest in EVs.
  • Purchase intention: 26% plan to buy an EV in the next year, and 50% are considering it within the same timeframe.
  • Shift to primary transportation: 63% intend to adopt EVs as their main mode of transport within 1-2 years.
  • Confidence in infrastructure: 73% expect charging stations to be readily available within 5 years.
  • Challenges remain: Safety (49%), service costs (44%), limited charging infrastructure (41%), battery life (41%), and resale value (32%) are concerns.
  • Price perception: 68% perceive EVs as more expensive, potentially hindering adoption.
The UAE Sustainable Electric Vehicle Projects by Al-Futtaim Group
The UAE Sustainable Electric Vehicle Projects by Al-Futtaim Group

Al Futtaim Automotive response:

  • Committed to developing an electric transportation ecosystem with a wide range of EVs, Charge2Moov charging network, and after-sales training.
  • Aiming to increase new energy vehicle sales to 50% and install 10% of charging stations in the UAE by 2030.
  • Offering diverse electric vehicles at various price points to address affordability concerns.

The UAE’s 52nd Union Day celebrations concluded using innovative technologies and amazing performances. It was distinguished by its use of innovative technologies and amazing performances held on a moving stage, taking attendees on a journey through the rich heritage of the UAE pic.twitter.com/bgXRiVuPRi

— UAE Voice (@uae_voiceeng) December 14, 2023

Survey respondents’ key motivators for switching to EVs:

  • Faster charging time (54%)
  • Increased charging stations (54%)
  • Battery technology advancements (54%)
  • Extended driving range (52%)

Overall, the survey indicates a strong and growing interest in EVs among UAE residents. Al Futtaim Automotive is committed to addressing remaining challenges and accelerating the transition to sustainable transportation in the region.

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Editor December 15, 2023 December 15, 2023
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