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One-Moto and similar companies are blazing a new trail by creating delivery fleets
powered entirely by EVs. "Unlike the Indian market, where two-wheelers dominate, the
Middle East has only 4,000 privately used motorcycles. The shift here is toward an electric
delivery fleet. If the government, for instance, hops on the EV delivery train, that's a major
endorsement," Ridgway points out.

Challenges linger, however. "Delivery sector two-wheelers need replacement every four
years. Over that span, higher costs don't make sense when petrol is cheaper. The EV
industry grapples with high-interest rates and capital scarcity, hurting fleet and delivery
operators," Kapani explains.
What's steering the wheel today is a green agenda, embraced not only by individuals but
also by larger corporations. "Many have announced global green commitments, and local
Dubai offices are also charting courses to lower CO2 emissions," Ridgway notes.

But the spotlight must now shift to recycling vehicles and battery components - a priority
for the government and other stakeholders. Many countries wrestle with this issue and
neglecting it will only inflate toxicity and carbon footprints. Reusing EV components will
boost resale value, cut costs, and curtail waste.

Dubai's tradition of spearheading initiatives for a better, more sustainable lifestyle
continues. The UAE ranks 8th in global electric mobility readiness. Authorities are
earmarking around 160 billion dollars over three decades to supercharge EV
infrastructure, fueling the net-zero-by-2050 roadmap.

"For consumers, DEWA is laying down charging infrastructure and providing free
electricity for EVs. DEWA aims for 10,000 charging stations by 2030, turbocharging
adoption. Initiatives like free parking for EVs, no Salik tolls, and registration cost subsidies
are modest but crucial steps to create a supportive ecosystem," Kapani concludes.

Disclaimer - This article is a part of featured content series on Business in Dubai

https://udaipurtimes.com/business-udaipur/over-40000-electric-cars-in-dubai-2030/cid12606825.htm