Report Highlights

This report provides an in-depth analysis of the electric vehicle (EV) market in the Middle East and North Africa (MENA) region. It covers various aspects of the market, including technological advancements, regulatory policies and frameworks, investment trends, and consumer adoption patterns. The report also discusses market dynamics and trends that shape the growth trajectory and competitive landscape in MENA EV market.

Report Includes

In-depth analysis of the electric vehicle (EV) market in the Middle East and North Africa (MENA) region

Analyses of trends in MENA regional markets for EVs, with revenue data for 2023, estimates for 2024, and projected CAGRs through 2029

Estimates of the size of the market and revenue growth prospects, accompanied by a market share analysis by vehicle type, propulsion technology, and country

Facts and figures pertaining to the current market dynamics, technological advances, regulations, and the impact of macroeconomic factors

An assessment of the sustainability trends and ESG developments in the MENA EV market

Analysis of the industry structure, including companies’ product offerings, strategic alliances, venture fundings and investment outlook

Report Scope

The report provides an in-depth analysis of the electric vehicle (EV) market in the Middle East and North Africa (MENA) region, using 2023 as the base year and forecasting trends from 2024 to 2029, with estimations of compound annual growth rates (CAGR). The market size is based on EV registrations, sales, and infrastructure developments across key countries in the region. This report explores technological advances, regulatory policies, investment trends, and consumer adoption patterns shaping the MENA EV market. Additionally, it examines the economic impact, business opportunities, and sustainability initiatives driving the industry’s expansion. The report also highlights the competitive landscape, profiling key competitors in EV manufacturing, charging infrastructure, battery technology, and mobility solutions. Furthermore, it identifies market drivers, challenges, and regional dynamics influencing the growth of electric mobility in the MENA region.

Türkiye is not considered in the MENA EV market report because it is typically categorized within Europe and Central Asia due to its economic ties, regulatory framework, and automotive industry alignment with European markets. Additionally, Türkiye has a well-established domestic EV industry, including brands like Togg, which follows EU standards and policies, differentiating it from MENA market dynamics.