The electric vehicle growth outlook
Decarbonising road transport is essential and electric vehicles (EVs) offer a promising solution with zero tailpipe emissions, reducing fossil fuel dependence, improving air quality and fostering innovation and growth in the green energy sector.
The adoption of electric vehicles is accelerating globally, with nearly 14 million new electric vehicles registered in 2023 alone.1 Key countries, such as China, Europe and the United States accounted for nearly 95% of global EV sales1. In the Gulf Cooperation Council (GCC) region, the UAE is leading in EV adoption and charging infrastructure development, followed by Saudi Arabia. PwC Middle East forecasts that by 2035, new EV sales will represent 25% of the UAE market and 64% in Saudi Arabia.2,3
However, as EV uptake across the GCC continues to grow, the increasing connectivity and complexity of the broader eMobility ecosystem raises cybersecurity challenges that impact a range of stakeholders – from manufacturers and payment processors to power grid operators, charging infrastructure providers and electric vehicle owners.
This paper explores the electric vehicle ecosystem and its cybersecurity imperatives, highlighting the key threats and offering actionable recommendations to eMobility stakeholders.
References
1) IEA (2023), Global EV outlook 2023 Trends in electric cars, https://www.iea.org/reports/global-ev-outlook-2024/trends-in-electric-cars
2) PwC Middle East (2024), KSA eMobility Outlook, https://www.pwc.com/m1/en/publications/documents/2024/emobility-outlook-2024-ksa-edition.pdf
3) PwC Middle East (2024), UAE eMobility Outlook, https://www.pwc.com/m1/en/publications/documents/2024/emobility-outlook-2024-uae-edition.pdf
Building a cyber-resilient eMobility ecosystem
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