107 asset and fund managers operating in ADGM, currently managing 137 funds
business1 hour ago
At least 40 per cent of UAE residents believe that the infrastructure in the country is becoming increasingly suitable for electric vehicles (EVs), according to a survey commissioned by Audi Abu Dhabi.
The YouGov survey of 1,000 UAE residents explored consumer sentiment and concerns towards EV adoption in the country, as the exclusive dealer of Audi cars in Abu Dhabi and Al Ain welcomes two new e-tron models, e-tron GT and RS e-tron GT to showrooms.
Forty per cent of those surveyed expressed interest in purchasing an EV, with environmental concern being the top motivator (36 per cent). This was closely followed by value for money, with 29 per cent believing EVs offer better value in the long run, compared to petrol/diesel cars. These indicators display a key, fundamental shift in consumer attitude, which will ultimately be beneficial for the consumer and the country. The UAE government continues to support sustainable, green transportation through the UAE National Smart Mobility Strategy, where a concrete plan has been outlined to maximise the use of technology and innovation to empower electrification on the roads.
Charging infrastructure for EVs was one of the important markers to embrace such vehicles among respondents, with 29 per cent claiming that they would consider purchasing an EV if there were more charging stations. Furthermore, a quarter stated that they would be more likely to buy an EV if they had more information on the fee exemptions provided by the government.
The dealership offers a range of models, including electrical vehicles under the Audi e-tron sub-brand. The e-tron GT and RS e-tron GT, the latest addition in the e-tron line-up, are testament to Audi’s continued commitment to finding sustainable ways to strive forward and protect the planet.
Commenting on the findings, Audi Abu Dhabi General Manager Mark Austin said: "The UAE is witnessing an increased demand of EVs and the government’s efforts towards sustainability are driving this shift in the market. In Abu Dhabi, EVs will play a critical role to help the emirate meet its decarbonisation goals.
“So far, the capital has 200 charging units installed and this number will only increase as the city is aiming for fewer emissions on the roads. We are proud to be part of that agenda to create the future of mobility for the UAE and beyond."
107 asset and fund managers operating in ADGM, currently managing 137 funds
business1 hour ago
His admission to stealing from Trump Organization could chip away at his credibility as a star witness
americas1 hour ago
General elections will be held in South Africa on May 29 to elect the National Assembly
uae1 hour ago
Every dirham invested at DWTC for events generated 8 times economic output across the wider economy
business2 hours ago
More than 20,000 people have been detained for their anti-war stance since the start of Moscow's full-scale invasion of Ukraine in February 2022
europe2 hours ago
The popular figure, who is set to return in season 2 of 'Real Housewives of Dubai', shares her views on love, personal growth, and the profound impact of childhood trauma
entertainment2 hours ago
Foreign minister says Israel will establish a special committee to fight the prosecutor's efforts
mena2 hours ago
The WikiLeaks founder, who is now in a UK jail, is wanted in the US on 18 charges relating to the mass release of secret US documents
world2 hours ago