The UAE government approves the launch of its national EV infrastructure company + SAF production guidelines

The UAE will establish a national EV infrastructure firm: The UAE is planning to launch an EV infrastructure firm tasked with manufacturing charging networks, managing daily operations of EV charging stations, and developing a pricing strategy for charging services, according to a statement. The launch date of the new government firm — named UAE Electric Vehicle Charging Stations Company — was not disclosed.

EV charging pricing mechanism to be announced soon: The UAE plans to set a pricing structure for EV charging nationally by year’s end or in early 2024 as part of a target to have EVs make up 50% of the Emirates’ auto sector by 2050, the country’s Energy and Infrastructure Minister Suhail Al Mazrouei said last month.

BACKGROUND- The cabinet approved the National Electric Vehicles Policy earlier in August, aiming to create a countrywide network of EV chargers to accelerate the transition to green mobility and push down the transport sector’s energy consumption by 20%.

IN OTHER UAE POLICY NEWS- SAF guidelines get a nod: The cabinet has approved the national SAF production guidelines targeting the production of 700 mn liters annually by 2030, according to the Dubai Media Office. The country plans to domestically produce 1% of UAE airlines’ SAF needs at Emirati airports by 2031.