Market Share of GCC Electric Vehicle Industry
The electric vehicle market in the region is fairly consolidated, with the major players like Toyota, Nissan, Hyundai, and Jaguar Land Rover capturing the major market share amongst others.
In Saudi Arabia, 13 battery charging stations have been deployed, and the government approved the import of 16 EVs from different manufacturers. UAE is quite ahead as only Dubai has 200 charging stations and 4000 EVs on its road network.
- In July 2021, ABB to charge Qatar's largest electric bus infrastructure project. The project will see ABB provide high power charging infrastructure for the fleet, which is expected to have 1,000 electric buses operating across the country and with a capacity to transport 50,000 passengers a day.
- In April 2021, the Electricity and Water Authority minister inaugurated the first electric vehicle charging station in Bahrain.
GCC Electric Vehicle Market Leaders
Toyota
Nissan
Hyundai Motor Company
Tesla, Inc.
Volkswagen
*Disclaimer: Major Players sorted in no particular order
