The Middle East And Africa Automotive Electric Vehicle Market size is estimated at USD 3.83 billion in 2025, and is expected to reach USD 9.53 billion by 2030, at a CAGR of greater than 20% during the forecast period (2025-2030).
Advancements in electric vehicle technology, government ambitions for sustainable transportation, and strategic investments by regional powerhouses are driving a significant transformation in the Middle East's electric vehicle market.
Furthermore, heightened government initiatives to promote electric vehicle adoption and a growing awareness of energy storage solutions in the renewable energy sector are anticipated to bolster the market.
Source: Mordor Intelligence