{"id":68613,"date":"2023-11-16T11:44:56","date_gmt":"2023-11-16T07:44:56","guid":{"rendered":"https:\/\/www.dubicars.com\/news?p=68613"},"modified":"2024-12-18T15:16:49","modified_gmt":"2024-12-18T11:16:49","slug":"electric-hybrid-car-searches-increase-in-uae","status":"publish","type":"post","link":"https:\/\/www.dubicars.com\/news\/electric-hybrid-car-searches-increase-in-uae.html","title":{"rendered":"Surge In Electric & Hybrid Cars Searches in the UAE: A Green Revolution on the Horizon"},"content":{"rendered":"\n

The UAE is renowned for its opulent lifestyle, futuristic cityscapes, and fancy cars. More often than not, these exotic cars are all gas-guzzling monsters, or it has been that way until recent times. Now though, the UAE is turning into an emerging hub for sustainable transportation. In recent years, there has been a noticeable shift in the automotive landscape, with electric cars and hybrid vehicles<\/a> gaining unprecedented popularity. <\/p>\n\n\n\n

The automotive industry is undergoing a revolutionary transformation worldwide, and the UAE is following closely. With a growing awareness of environmental issues and a commitment to sustainable living, the UAE is witnessing a remarkable surge in the popularity of electric<\/a> and hybrid cars. In this article, we explore the factors driving this shift, its impact on the automotive market in the UAE<\/a>, and just how big this shift really is.<\/p>\n\n\n

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A Quick Look At The Numbers<\/strong><\/h2>\n\n\n\n

Data collected by DubiCars over the last two years and supplemented by more data from our Valuation partner AlgoDriven<\/a> shows just how massive the increase in demand for EVs are Hybrids is.<\/p>\n\n\n\n

In October 2022 the share of leads for petrol-powered cars stood at 84.09% which decreased to 78.50% in October 2023 \u2014 a drop of 5.59%. For diesel-powered cars, the share of leads in October 2022 stood at 11.37% which increased to 11.91% in October 2023 \u2014 a marginal increase of 0.54%. <\/p>\n\n\n

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Digging into the leads generated by electric vehicle<\/a> and hybrid car listings gives us an insight into just how popular these cars really are becoming. In October 2022, the share of leads for electric car listings stood at 2.77% whereas October 2023 saw the share jump to 6.25% \u2014 a significant increase of 3.48%.<\/p>\n\n\n\n

Fuel Type<\/strong><\/td>October 2022<\/strong><\/td>October 2023<\/strong><\/td>YoY%<\/strong><\/td><\/tr>
Petrol<\/td>84.09%<\/td>78.50%<\/td>– 5.59%<\/td><\/tr>
Diesel<\/td>11.37%<\/td>11.91%<\/td>+ 0.54%<\/td><\/tr>
Electric<\/td>2.77%<\/td>6.25%<\/td>+ 3.48%<\/td><\/tr>
Hybrid<\/td>1.70%<\/td>3.32%<\/td>+ 1.62%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Hybrids stood at just 1.70% in October 2022 and increased to 3.32% in October 2023 \u2014 a nominal increase of 1.62%. While the growth percentage in itself is quite staggering, what they truly reveal is the market sentiment.<\/p>\n\n\n

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These numbers show that more people are searching for electric vehicles than ever before. Going by the global automotive industry trends, this number is only bound to grow and more buyers will end up opting for electric vehicles and hybrids instead of petrol or diesel-powered cars.<\/p>\n\n\n\n

Though it looks like EVs and Hybrids are doing well in the UAE, the numbers are still quite low compared to other developed countries. In China, EVs & Hybrids made up 37.7% of all vehicle sales in October 2023. In the third Quarter of 2023, the American car market saw almost 25% percent of all vehicle sales coming from EVs and Hybrids.<\/p>\n\n\n

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In Norway, they make up more than 75% of all sales, in Sweden, the number is around 55 percent and in the UK, it is close to 50%, all in the third quarter of 2023. Going by these numbers, we have a lot of catching up to do.<\/p>\n\n\n\n