logo
PwC Middle East sets out roadmap to accelerate Qatar's electric mobility transformation

PwC Middle East sets out roadmap to accelerate Qatar's electric mobility transformation

Zawya21-05-2025

Doha, Qatar – PwC Middle East has released its eMobility Outlook 2025 – Qatar Edition, presenting a bold, actionable roadmap to accelerate the country's shift toward sustainable transport. Aligned with Qatar National Vision 2030 (QNV 2030) and the Electric Vehicle Strategy 2021, the report charts a course to unlock new value for the nation, redefining mobility, energy, and economic growth.
Electric vehicles are gaining traction in Qatar. PwC's report reveals that electric vehicle (EV) sales in Qatar are projected to reach 24% of new vehicle sales by 2035, with Battery Electric Vehicles (BEVs) making up 14% and Plug-in Hybrid Electric Vehicles (PHEVs) 9.6%. The shift is driven by national policies, expanding charging infrastructure, and rising demand for low-carbon transport options.
Heiko Seitz, Global eMobility Leader and Partner at PwC Middle East, said: 'Qatar is rapidly advancing its sustainable mobility agenda. With strategic public-private collaboration, forward-looking regulation, and targeted investment, the country is laying the groundwork for widescale EV adoption, building a cleaner, smarter, and more resilient transport future.'
The report highlights the Ministry of Transport's active role in reshaping mobility over 73% of Qatar's public buses are already electric, and strategic collaborations with global leaders like Yutong, ABB E-mobility, and the Public Works Authority (Ashghal), are laying strong foundations, from vehicle assembly to EV training and service centres.
By transitioning to electric and cleaner energy sources, Qatar could reduce transport-related CO₂ emissions by nearly 5% by 2035, even as vehicle volumes rise from 1.7 million to 2.3 million. With EV electricity demand expected to account for less than 1% of total power use by 2035, the nation is well-positioned to meet this demand entirely through renewables.
PwC identifies several key levers to drive momentum. First, infrastructure remains a cornerstone. Fast-charging corridors in high-traffic urban and intercity zones will be essential to meet growing demand and ensure ease of access.
Second, thermal resilience is vital. Adaptive thermal management systems and continued battery innovation are integral to delivering consistent performance year-round, accounting for high summer temperatures.
Third, cost competitiveness is gaining ground. While private EV ownership still carries a higher total cost, commercial fleets in Qatar have already reached cost parity. Bulk procurement, optimised utilisation, and operational incentives help close the cost gap and improve long-term value for fleet operators.
Finally, broadening market access is key. More than 90% of vehicles sold in Qatar today are still internal combustion engine (ICE) models. To shift consumer behavior at scale, affordable EV options must enter the market, supported by clear policy signals, financial incentives, and streamlined regulation.
With Qatar's first domestic EV brand Ecotranzit already in motion and strong interest from global OEMs, the market is gaining traction. Green financing, tax incentives, and policy clarity are further fuelling the shift.
'Qatar continues to drive forward its sustainability agenda. The transition to electric mobility represents both a strategic imperative and a significant opportunity. With the right mix of innovation, policy support, and investment, Qatar is well positioned to lead the region in building a cleaner, smarter, and more efficient transport ecosystem', Bassam Hajhamad, Qatar Country Senior Partner and Consulting Leader at PwC Middle East in Qatar, added.
PwC's eMobility Outlook is a call to action for government, industry, and investors to collaborate, innovate, and move forward together, positioning Qatar at the forefront of the global clean transport transition.
About PwC
At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We're a tech-forward, people-empowered network with more than 370,000 people in 149 countries. Across audit and assurance, tax and legal, deals and consulting we help build, accelerate and sustain momentum.
Established in the Middle East for over 40 years, PwC Middle East has 30 offices across 12 countries in the region with 12,000 people.
PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Emirates NBD Capital KSA secures CMA approval for fund offering
Emirates NBD Capital KSA secures CMA approval for fund offering

Zawya

time34 minutes ago

  • Zawya

Emirates NBD Capital KSA secures CMA approval for fund offering

Emirates NBD Capital KSA is set to launch a new fund offering in Saudi Arabia. The kingdom's Capital Market Authority (CMA) confirmed on Tuesday that it has approved the public offering of the 'ENBDC Saudi Equity Freestyle Fund'. Emirates NBD Capital KSA is the investment arm of Emirates NBD Group in Saudi Arabia. The fund marks the lender's latest foray into the kingdom's investment space. Emirates NBD Asset Management had previously identified Saudi equities as an area of strategic focus due to its significant growth potential. (Writing by Cleofe Maceda; editing by Seban Scaria)

Alkhaldi Logistics cancels Saudi IPO
Alkhaldi Logistics cancels Saudi IPO

Zawya

time34 minutes ago

  • Zawya

Alkhaldi Logistics cancels Saudi IPO

Saudi Arabia's Alkhaldi Logistics Company has cancelled its initial public offering (IPO) on the kingdom's parallel market, Nomu. Yaqeen Capital, serving as the financial advisor and lead manager for the offering, said on Tuesday that the planned share offering was 'incomplete' and considered 'void'. It did not specify the reason for cancellation. With the IPO cancelled, subscribers are expected to receive refunds by Wednesday, June 4, 2025. The company had previously planned to sell 1.05 million shares on Nomu, representing 7% of post-IPO capital. The offer price was set between SAR 44 and SAR 47 per share. (Writing by Cleofe Maceda; editing by Seban Scaria)

Dubai-listed Al Salam Bank's AT 1 issuance raises $450mln
Dubai-listed Al Salam Bank's AT 1 issuance raises $450mln

Zawya

time34 minutes ago

  • Zawya

Dubai-listed Al Salam Bank's AT 1 issuance raises $450mln

Al Salam Bank, a Shariah-compliant bank based in Bahrain, has raised $450 million in its Additional Tier 1 (AT1) capital issuance. The private placement drew substantial demand from investors in the region and overseas despite global market volatility, the company, which is dual-listed on the Bahrain Bourse and Dubai Financial Market (DFM), said on Tuesday. 'The overwhelming response to our USD 450 million AT1 capital issuance is a testament to Al Salam Bank's financial stability, market credibility and strategic direction,' said Rafik Nayed, Group CEO of Al Salam Bank and Managing Director of ASB Capital. Al Salam's investment banking arm, ASB Capital was mandated to advise and structure the issuance. The offering is part of the company's strategy to strengthen its capital base and support future growth plans. The company also looks to boost its position as a diversified financial group in the region. Since 2020, Al Salam has consistently increased its total equity by more than 65%, according to Nayed. (Writing by Cleofe Maceda; editing by Seban Scaria)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store