The UAE has traditionally been an oil-based economy. Oil has been instrumental in the country’s growth and for converting it from a barren desert to one of the world’s most sought-after travel destinations.
During the past few years, the country has been heavily focusing on diversifying its economy. One such initiative is the focus on the use of electric vehicles.
In September 2017, the Dubai Supreme Council of Energy announced an ambitious plan for electric cars for sale in UAE. The plan entailed increasing the electric and hybrid vehicle share in the emirate to 10% by 2030. This was also in part to achieve the Dubai 2021 Plan and largely to support Dubai Clean Energy Strategy 2050 initiative.
Also, a number of incentives were announced for electric vehicle owners. For example, exemption from Road and Transport Authority (RTA) registration and renewal fees, free parking in dedicated places, free Salik tag, special stickers on number plates and free charging at DEWA’s electric stations.
Long before the plan was announced, the government started taking measures to develop infrastructure for electric vehicles. In January 2017 (the same year when the plan was announced), Tesla stepped into UAE with the launch of a showroom in Dubai. Before that, France’s Renault started featuring it’s electric cars for sale in showrooms all across the UAE.
Are the efforts bearing fruit?
There is no doubt that the Dubai government is going all out to encourage the public to use electric vehicles.
Other emirates are not behind when it comes to building infrastructure for electric vehicles. For example, Abu Dhabi, the national capital, has more than an array of charging stations spread throughout the emirate.
Abu Dhabi National Oil Company (ADNOC) and Tesla have been at the forefront of this initiative. Tesla has developed more than a dozen charging stations all over Abu Dhabi over the past few years. This is in addition to the stations by other private companies such as Mercedes-Benz and BMW.
The question is that Is the public responding to all these initiatives?
The statistics say YES!
According to Research And Markets.com, the electric vehicle market is expected to grow exponentially at a compound annual growth rate (CAGR) of 32.1% until 2025. This is an admirable feat. Out of all the emirates, Dubai has the highest share of the clean vehicle.
Why does the government want an electric vehicle revolution?
The electric vehicle revolution is part of a larger strategy of the Dubai government to promote clean and green energy and to diversify the economy away from fossil fuels. The city has launched a slew of initiatives in this regard.
For example, the Dubai Clean Energy Strategy 2050 aims to produce 75% energy from clean energy. Similarly, one component of Dubai 2021 Plan is to build a sustainable city that is not possible without mainstreaming electric vehicles.
Most important of all, the world is shifting towards electric cars for sale. Many countries around the world have announced the ban on the production of internal combustion vehicles. As such, if the UAE does not jump on the bandwagon, it will be left far behind.
Advantages of electric cars
Electric vehicles have numerous advantages over their internal combustion counterparts. Here are a few of them:
1. Saving in fuel costs
Although the UAE has low petrol prices, the spending on fuel amounts to a big total at the end of the month. Electric vehicles help you save this huge cost.
For example, a pre-owned Volvo XC90, if driven around 15,000 Km a year, will require more than AED6300 a year to be spent on fuel. Comparatively, a hybrid Volvo T8 XC90 will merely cost AED1830 a year.
These savings over the lifetime of the vehicle will come in handy when you are selling the car. It is because your total expenses on the car will be less and as such, you might get a good profit for the sale.
2. Easy access to charging stations
Dubai currently has more than 240 charging stations and plans to increase the count to 300 by the end of 2020. The best part is you can charge your car while it is parked and you are enjoying the shopping.
3. Minimum Noise
This is a no-brainer. An electric car makes almost no noise as it does not have an engine. Just imagine the reduction in noise pollution on the streets of Dubai when electric cars become mainstream.
This was all about the electric car revolution that the people of Dubai (and even all of UAE) could witness in the coming years due to the efforts of the government. Soon you will see a lot of electric second-hand cars for sale in Dubai.
In case you plan to sell your car and wondering if our team is capable of handling electric cars and providing a good car valuation, let us share that we had customers in the past who owned a Tesla. Our experts were glad to assist them in selling their cars. Therefore, you can visit us with confidence.
Reach out to wecashanycar for expert advice at 800 WECASH (932274) or visit our website at wecashanycar.com for further information.