Electric And Autonomous Vehicles Are On The Rise In Gulf Countries

In this rapidly evolving sector, Gulf countries have emerged as global pioneers in the adoption of autonomous and electric mobility technologies. As reported by Al-Qabas Daily, the United Arab Emirates (UAE) and Saudi Arabia have been playing a key role in shaping the future of mobility through the implementation of effective strategies and ambitious initiatives.

In recent years, autonomous vehicles and electric vehicles have transformed what was once considered a Hollywood fantasy or a childhood dream into a reality. With advances in science and technology, coupled with government ambitions, a paradigm shift towards autonomous and electric mobility is underway, potentially revolutionizing how we travel.

Despite recent challenges faced by the technology, such as the impact of the Covid-19 pandemic, slow adoption rates, and semiconductor shortages, optimistic financial and market forecasts indicate that the global value of the autonomous vehicle sector will reach trillions of dollars within the next decade.

Autonomous vehicles are already on the road today, with major manufacturers predicting commercial availability by 2024 and near-full automation (Level 5) by 2035, according to a report by Arthur D. Little.

While the United States, the European Union, China, and Singapore lead in terms of market readiness for autonomous vehicles, Gulf countries have recently emerged as strong competitors. Within a few decades, these countries have experienced remarkable economic transformations, establishing cutting-edge infrastructure and services.

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