Half of all UAE residents consider switching to electric vehicles, survey finds

 

Twenty-five per cent are waiting for more EV options to be launched to make a purchase, according to Audi Abu Dhabi

About 52 per cent of UAE residents are considering switching to hybrid or electric vehicles as the increase in fuel prices is impacting the way consumers are thinking about their means of transportation, according to a survey by Audi Abu Dhabi.

Twenty-five per cent of people surveyed are waiting for more EV options to be launched before making a purchase, the research, which polled 1,000 residents in the UAE, found.

“Interest in EVs has continued to grow organically over time, however increasing petrol prices has certainly accelerated the shift in consumers’ attitude towards EV adoption,” said Mark Austin, Audi Abu Dhabi general manager.

“When considering energy efficiency across the full lifecycle of producing, transporting and using fuel — typically referred to as “well to wheel” — electric vehicles offer high efficiency and the lowest carbon emissions per mile.”

There is a continuing global move towards the use of EVs that are charged from the electric grid as more consumers look to use transport powered by clean energy.

While petrol prices in the UAE declined slightly in May, they rose by more than 10 per cent in February, 10 per cent in March and 16 per cent in April, as global oil prices surged beyond $100 a barrel.

The prices announced by the UAE Fuel Price Committee in April were the highest they have been since they were deregulated in 2015 to allow them to move in line with the market.

In 2020, prices were frozen by the Fuel Price Committee at the onset of the coronavirus pandemic. The controls were removed in March 2021 to reflect the movement of the market.

Industry experts expect crude supply to be tight as the EU considers a ban on Russian oil imports and expectations of higher demand in the US, the world’s largest economy, increase as the summer season looms.

The easing of the coronavirus pandemic restrictions in China, the world’s largest importer of oil, is also supporting crude prices.

About 14 per cent of those polled in the UAE said they recently bought a petrol car but wished they would have purchased a hybrid or EV instead, according to the survey findings.

“Depending on the type of car you drive, the average cost of filling a fuel tank can be upwards of Dh270 versus Dh8.25 to fully charge an EV battery with a 110 kWh charger. With EVs, owners also save on operating expenses,” Mr Austin said.

EV owners spend 60 per cent less on fuel than owners of internal combustion engine vehicles, according to a 2020 Consumer Reports study. Owning an EV will save the typical driver $6,000 to $10,000 over the life of the vehicle, compared with owning a comparable petrol-powered vehicle, the study found.

Residents in the UAE are now planning their car journeys more carefully, with about 25 per cent saying they use public transport a lot more now, while 14 per cent of drivers have purchased an electric scooter or bike to use over short distances, the Audi Abu Dhabi survey revealed.

Remote and flexible working options are also helping people in the UAE to mitigate rising fuel costs, with 19 per cent saving more on fuel expenses by working from home, the research found.