With petrol prices rising sharply in the UAE in April due to the regional conflict, UAE automobile companies say inquiries into hybrid and electric vehicles (EVs) have steadily risen as consumers look for cost-friendly alternatives.
Some dealers are reportedly seeing a surge in inquiries specifically for Chinese EV models. Abhinav Gupta, CEO of used cars company Cars24 Arabia, said that in the Dubai market, dealers saw a 30 per cent increase in enquiries as a result of higher fuel prices.
"Current demand for hybrid/EV vehicles is noticeably stronger than this time last year," the executive said. "In 2026, the added fuel price pressure and energy security worries have layered on extra momentum."
Demand in Dubai and Abu Dhabi, he added, remains especially strong among private buyers and fleets, scoring 15-20 per cent higher. "Further, petrol cars have seen 15 per cent drop in selling prices, whereas EVs are holding their market prices well, a strong indicator of demand," the executive said.
Source: Khaleejtimes
