The announcement of the establishment of a company specializing in electric vehicle charging stations was made public by the UAE Cabinet at Expo City Dubai during COP28.
The responsibilities of this organisation include the strategic development of charging infrastructure, the day-to-day operations, and the establishment of pricing plans for electric vehicle charging services across the entire nation.
UAE Cabinet Initiatives for Electric Vehicles
This move is in alignment with the UAE's national policy on electric vehicles, which aims to build a robust national network of charging stations. The overarching goal is to support the needs of electric vehicle owners and regulate the electric vehicle market in the UAE. The policy also targets a 20% reduction in energy consumption in the transport sector.
National Goal for Electric Vehicles
In May 2023, the Ministry of Energy and Infrastructure set a goal to increase the share of electric vehicles to 50% of total vehicles on UAE roads by 2050. The establishment of the electric vehicle charging station company is a strategic step towards achieving this ambitious target.
Review of Charging Costs
As part of its comprehensive approach, the Cabinet reviewed a study on the actual cost of charging electric vehicles in the country. This analysis contributes to a deeper understanding of the economic aspects of electric vehicle usage and informs future policy decisions.
Leadership and vision
The esteemed One Committee deliberations were presided over by Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, Vice President, and Prime Minister of the UAE. The United Arab Emirates remains a global leader in the transition to cleaner and more efficient transport under his direction, as it continues to prioritise innovative and sustainable initiatives.
Strategies for climate neutrality
The Cabinet approved several strategies to achieve climate neutrality, including the UAE National Energy Strategy 2050, the National Hydrogen Strategy 2050, and the National Electric Vehicles Policy. These initiatives underscore the UAE's commitment to addressing environmental challenges and fostering a sustainable future.
Application of Corsia and Other Approvals
Additionally, the Cabinet endorsed the application of the Carbon Offsetting and Reduction Scheme for International Aviation (Corsia), demonstrating the country's commitment to reducing carbon emissions in the aviation sector. Various other approvals, such as the National Strategy to Combat Desertification and regulations for air quality measurement, highlight the multifaceted approach the UAE is taking to address environmental concerns.
The establishment of an electric vehicle charging station company and the broader strategies approved by the Cabinet reaffirm the UAE's dedication to sustainable development and environmental stewardship. These initiatives mark significant steps towards a cleaner, greener, and more energy-efficient transportation landscape in the UAE.