Middle East Electric Vehicle Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Middle East and Africa Electric Vehicle Market Report is Segmented by Drive Type (Plug-In Hybrid and Pure Electric), Vehicle Type (Passenger Cars and Commercial Vehicles), and Geography (United Arab Emirates, Saudi Arabia, South Africa, Egypt, Qatar, Oman, and the Rest of Middle East ). The Report Offers the Market Size in Value Terms in USD for all the Mentioned Segments.

Middle East Electric Vehicle Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

MEA Automotive Electric Vehicles Market Size

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Middle East And Africa Automotive Electric Vehicle Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 3.83 Billion
Market Size (2030) USD 9.53 Billion
CAGR (2025 - 2030) 20.00 %
Market Concentration High

Major Players

Middle East And Africa Automotive Electric Vehicle Market Major Players

*Disclaimer: Major Players sorted in no particular order

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MEA Automotive Electric Vehicles Market Analysis

The Middle East And Africa Automotive Electric Vehicle Market size is estimated at USD 3.83 billion in 2025, and is expected to reach USD 9.53 billion by 2030, at a CAGR of greater than 20% during the forecast period (2025-2030).

Advancements in electric vehicle technology, government ambitions for sustainable transportation, and strategic investments by regional powerhouses are driving a significant transformation in the Middle East's electric vehicle market. Rising concerns over environmental pollution, an increasing demand for alternative fuel vehicles, and declining battery prices are set to propel EV sales in the region during the forecast period.

Furthermore, heightened government initiatives to promote electric vehicle adoption and a growing awareness of energy storage solutions in the renewable energy sector are anticipated to bolster the market. Additionally, the rollout of 5G telecommunications and the execution of Vision Documents in nations like Saudi Arabia, the UAE, Qatar, and Kuwait are poised to further support the Middle East's EV market in the years ahead.

Saudi Arabia and the UAE are leading the charge as early adopters of electric vehicles in the Middle East. The Saudi Arabian Standards Organization (SASO) is gearing up to roll out regulations governing electric vehicle usage. Meanwhile, the UAE's Road Transport Authority (RTA) has been proactive, issuing advisories and spearheading the development of charging stations nationwide.

Dubai, a key player in the UAE's EV landscape, boasts over 300 charging stations. In a move to further bolster its infrastructure, UAE’s DEWA unveiled plans in April 2024 to elevate the count of green fast and ultra-fast charging stations in Dubai to a target of 1,000 by the end of 2025. This ambitious Green Charger initiative, first introduced in 2014, saw its inaugural phase come to fruition in 2015 with the installation of 100 stations.

MEA Automotive Electric Vehicles Industry Overview

The Middle East electric vehicle market is dominated by a few players, such as Tesla Motors Inc., Volkswagen AG, Toyota Motor Corporation, Nissan Motor Co. Ltd, and Geely. With the growing demand for electric vehicles in the region, major players in the market form partnerships, joint ventures, and acquisitions. For instance,

  • In September 2023, Kaixin Auto Holdings announced that it signed a non-binding Letter of Intent for merger and acquisition with WM Motor Holdings Limited.

MEA Automotive Electric Vehicles Market Leaders

  1. Volkswagen AG

  2. Nissan Motor Co. Ltd

  3. Hyundai Motor Company

  4. BMW AG

  5. Tesla Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Middle East EV market Competitive Landscape.png
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MEA Automotive Electric Vehicles Market News

  • October 2023: At the Geneva International Motor Show Qatar, VinFast unveiled its quartet of electric vehicle models: the VF 6, VF 7, VF 8, and VF 9. The company also expressed its intent to forge partnerships in the Middle East, a key target market, to collaboratively explore research opportunities and champion green mobility initiatives in the area. Furthermore, VinFast is actively engaged in extensive vehicle testing across the region.
  • October 2023: In a significant move, BeyonCa inked an investment and strategic cooperation memorandum with Saudi Arabia's Al Faisaliah Group Holding Company (AFG). This MOU paves the way for both entities to collaboratively delve into electric vehicle development, spanning research, manufacturing, trade, retail, charging, insurance, and other related sectors.
  • February 2023: Forsee Power has taken a step forward by equipping its inaugural Integral Electric Vehicle with the advanced Forsee ZEN PLUS battery systems. MCV, a versatile player, offers a diverse lineup including city and intercity buses, coaches, double-decker buses, specialized trucks, and vans. Their commercial vehicles find a market across Africa, the Middle East, Europe, and the U.S.

Middle East And Africa Automotive Electric Vehicle Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
    • 4.1.1 Increasing Environmental Concern and Stringent Government Policies Are Driving the Market
  • 4.2 Market Restraints
    • 4.2.1 High Initial Cost of the Vehicle May Hinder the Market Growth
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Consumers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD Million)

  • 5.1 Drive Type
    • 5.1.1 Plug-in Hybrid
    • 5.1.2 Pure Electric
  • 5.2 Vehicle Type
    • 5.2.1 Passenger Cars
    • 5.2.2 Commercial Vehicles
  • 5.3 Geography
    • 5.3.1 United Arab Emirates
    • 5.3.2 Saudi Arabia
    • 5.3.3 Qatar
    • 5.3.4 Oman
    • 5.3.5 Rest of Middle East

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles*
    • 6.2.1 Volkswagen AG
    • 6.2.2 Tesla Motors Inc.
    • 6.2.3 Hyundai Motor Company
    • 6.2.4 Toyota Motor Corporation
    • 6.2.5 BMW AG
    • 6.2.6 Nissan Motor Co. Ltd
    • 6.2.7 Jaguar Land Rover Limited
    • 6.2.8 Zhejiang Geely Holding Group Co. Ltd
    • 6.2.9 Foton Motors
    • 6.2.10 General Motor Company

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 The Market Will Witness A Rise in EV Charging Infrastructure

8. AN OVERVIEW OF GOVERNMENT POLICIES AND REGULATIONS

**Subject to Availability
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MEA Automotive Electric Vehicles Industry Segmentation

An electric vehicle (EV) operates on an electric motor instead of an internal combustion engine that generates power by burning a mix of fuel and gases. Therefore, such a vehicle is seen as a possible replacement for current-generation automobiles to address rising pollution, global warming, depleting natural resources, etc.

The Middle East electric vehicle market is segmented into drive type, vehicle type, and geography. Based on the drive type, the market is segmented into plug-in hybrid and pure electric. Based on vehicle type, the market is segmented into passenger cars and commercial vehicles. Based on geography, the market is segmented into the United Arab Emirates, Saudi Arabia, Egypt, and the Rest of the Middle East. The report offers market size and forecasts for all the above segments in value (USD).

Drive Type Plug-in Hybrid
Pure Electric
Vehicle Type Passenger Cars
Commercial Vehicles
Geography United Arab Emirates
Saudi Arabia
Qatar
Oman
Rest of Middle East
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Middle East and Africa Automotive Electric Vehicles Market Research FAQs

How big is the Middle East And Africa Automotive Electric Vehicle Market?

The Middle East And Africa Automotive Electric Vehicle Market size is expected to reach USD 3.83 billion in 2025 and grow at a CAGR of greater than 20% to reach USD 9.53 billion by 2030.

What is the current Middle East And Africa Automotive Electric Vehicle Market size?

In 2025, the Middle East And Africa Automotive Electric Vehicle Market size is expected to reach USD 3.83 billion.

Who are the key players in Middle East And Africa Automotive Electric Vehicle Market?

Volkswagen AG, Nissan Motor Co. Ltd, Hyundai Motor Company, BMW AG and Tesla Inc. are the major companies operating in the Middle East And Africa Automotive Electric Vehicle Market.

What years does this Middle East And Africa Automotive Electric Vehicle Market cover, and what was the market size in 2024?

In 2024, the Middle East And Africa Automotive Electric Vehicle Market size was estimated at USD 3.06 billion. The report covers the Middle East And Africa Automotive Electric Vehicle Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Middle East And Africa Automotive Electric Vehicle Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Middle East & Africa Automotive Electric Vehicle Industry Report

The Middle East and Africa automotive electric vehicle (EV) industry is experiencing robust growth, fueled by heightened environmental awareness, supportive government policies, and technological advancements in EVs. The MEA automotive electric vehicle market is attracting significant investments, enhancing the variety of EV models and charging infrastructure. Key segments such as battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs) are expanding, serving both personal and commercial needs. Regional governments are boosting EV adoption through incentives and infrastructure upgrades, complemented by advances in battery technology and the development of extensive charging networks. Despite the hurdles of high initial costs and limited charging facilities, the market is ripe for infrastructure enhancement, fleet electrification, and strategic partnerships. The outlook remains positive with ongoing investments steering the region towards a sustainable transport future. For detailed statistics on the Middle East Electric Vehicle market share, size, revenue growth, and a forecast outlook, access a free report PDF download from Mordor Intelligence™ Industry Reports.