logo
#

Latest news with #NDS3

Qatar rapidly advancing transition to e-mobility among MENA countries: PwC report
Qatar rapidly advancing transition to e-mobility among MENA countries: PwC report

Qatar Tribune

time2 days ago

  • Automotive
  • Qatar Tribune

Qatar rapidly advancing transition to e-mobility among MENA countries: PwC report

DOHA: Qatar is rapidly advancing its transition to electric mobility, aligning with its Qatar National Vision 2030 and the 3rd National Development Strategy (NDS3), which emphasizes on sustainability, economic diversification and a technology-driven growth and the plans tailored and carried out in this front have played a pivotal role in steering the country towards a sustainable mobility future, including the Electric Vehicle Strategy 2021 that has set ambitious targets, including EVs comprising 10% of total vehicle sales by 2030 and the rapid deployment of EV infrastructure to support a zero-emission transportation future. This comes in a new report released lately by PwC. The report says that EVs are gaining traction in Qatar and the sales of battery electric vehicles (BEVs) in Qatar are projected to climb from 1.1% in 2024 to around 14.4% in 2035 and sales of plug-in hybrid electric vehicles (PHEVs) from 0.7% in 2024 to 9.6% in 2035. The report highlights the Ministry of Transport's key role in spearheading the transition to sustainable mobility with various strategies to support that goal towards a cleaner, more efficient, and environmentally conscious future. The report indicates that thanks to those strategies 73% of public buses in Qatar are already electric, reflecting tangible transformation to green mobility. Additionally, the MoT has had a key role in the establishment of an e-bus assembly plant in the Um Al Houl Free Zone in collaboration between Mowasalat (Karwa) and Yutong, the report says. The 2022 FIFA World Cup Qatar, the report says, served as a landmark event in demonstrating Qatar's e-mobility capabilities, with over 1000 e-buses providing transportation for fans and visitors, making it the first-ever FIFA World Cup to be held in the Middle East with such a significant focus on electric transportation. By shifting to e-mobility and cleaner power generation, Qatar can curb the rise in CO2 emissions by nearly 5% compared to an entirely internal combustion engine fleet, reinforcing the country's commitment to sustainable, low-carbon transportation. Qatar's commitment to sustainability, paired with attractive green financing options, further strengthens the case for growth in this space and with a projected annual economic growth rate of 4.1% between 2025 and 2029 and a population set to reach 3.2 million by 2030, Qatar is primed for sustainable market expansion. The report highlights serious efforts to install more than 1000 charging stations by 2030 supported by plans for 4000 stations by 2035. The report says Qatar has set ambitious renewable energy targets with solar capacity expected to grow to 5 gigawatts by 2035 and this means Qatar has the potential to fully meet EV charging demand through clean energy. The report says Qatar is investing heavily in developing its e-mobility ecosystem and, in this regard, prototypes of Vim, the first EV to include Qatari intellectual property, were revealed by Ecotranzit in 2023. Additionally, ABB E-mobility, a global leader in EV charging solutions, has partnered with the Public Works Authority (Ashghal) to open a state-of-the-art service and training center in the Um Al Houl Free Zone, focusing on both theoretical and hands-on training for EV charging infrastructure, the report says. Qatar is a key investment partner internationally with significant investments by the Qatar Investment Authority (QIA) in major EV battery manufacturing companies such as SK On, positioning Qatar among the key players in the EV battery manufacturing landscape worldwide. Besides Yutong, adds the report, Qatarâ€s attractive market has already drawn interest from EV manufacturers such as Volkswagen, Porsche and Gaussin. The report lays the groundwork for a future where Qatar is well-positioned internationally in terms of e-mobility with continued efforts to develop localized EV battery ecosystem, qualify national professionals and enhance international cooperation in R&D, paving the way for Qatar to become an exporter of technologies and components of sustainable transportation to Europe and Asia.

Qatar rapidly advancing transition to e-mobility in MENA region: PwC
Qatar rapidly advancing transition to e-mobility in MENA region: PwC

Qatar Tribune

time3 days ago

  • Automotive
  • Qatar Tribune

Qatar rapidly advancing transition to e-mobility in MENA region: PwC

Qatar is rapidly advancing its transition to electric mobility, aligning with its Qatar National Vision 2030 and the 3rd National Development Strategy (NDS3), which emphasizes on sustainability, economic diversification and a technology-driven growth. Planstailored and carried out on this front have played a pivotal role in steering the country towards a sustainable mobility future, including the Electric Vehicle Strategy 2021 that has set ambitious targets, such as EVs comprising 10% of total vehicle sales by 2030 and the rapid deployment of EV infrastructure to support a zero-emission transportation future. This comes in a new report released lately by PwC. The report says that EVs are gaining traction in Qatar and the sales of battery electric vehicles in Qatar are projected to climb from 1.1% in 2024 to around 14.4% in 2035 and sales of plug-in hybrid electric vehicles from 0.7% in 2024 to 9.6% in 2035. (QNA) page 16

Qatar leads e-mobility transition in MENA region: PwC report
Qatar leads e-mobility transition in MENA region: PwC report

Qatar Tribune

time3 days ago

  • Automotive
  • Qatar Tribune

Qatar leads e-mobility transition in MENA region: PwC report

Tribune News Network Doha Qatar is rapidly advancing its transition to electric mobility, in alignment with Qatar National Vision 2030 and the Third National Development Strategy (NDS3), which emphasises sustainability, economic diversification, and technology-driven growth. The tailored plans implemented in this area have played a pivotal role in steering the country towards a sustainable mobility future. Among these is the Electric Vehicle Strategy 2021, which sets ambitious targets—including electric vehicles (EVs) comprising 10 percent of total vehicle sales by 2030—and supports the rapid deployment of EV infrastructure to facilitate a zero-emission transport future. These insights come from a recent report released by PwC, which notes that EVs are gaining traction in Qatar. The report projects that sales of battery electric vehicles (BEVs) will rise from 1.1 percent in 2024 to approximately 14.4 percent by 2035, while sales of plug-in hybrid electric vehicles (PHEVs) are expected to grow from 0.7 percent in 2024 to 9.6 percent by 2035. The report highlights the Ministry of Transport's key role in driving the transition to sustainable mobility through a range of strategic initiatives aimed at building a cleaner, more efficient, and environmentally conscious transport system. Thanks to these strategies, 73 percent of Qatar's public buses are already electric—an indication of the country's tangible shift towards green mobility. Additionally, the Ministry has played a significant role in establishing an e-bus assembly plant in the Um Al Houl Free Zone, a joint initiative between Mowasalat (Karwa) and Yutong. The 2022 FIFA World Cup Qatar marked a milestone in showcasing the nation's e-mobility capabilities. More than 1,000 electric buses were deployed to transport fans and visitors, making it the first-ever FIFA World Cup held in the Middle East with such a strong emphasis on electric transport. By shifting to e-mobility and cleaner energy generation, Qatar can potentially reduce CO2 emissions by nearly 5 percent compared to a fully internal combustion engine fleet—reinforcing its commitment to sustainable, low-carbon transportation. Qatar's dedication to sustainability, coupled with attractive green financing options, further strengthens its position in this sector. With a projected annual economic growth rate of 4.1 percent between 2025 and 2029 and a population expected to reach 3.2 million by 2030, the country is well-placed for sustainable market expansion. The report also points to significant efforts to install over 1,000 EV charging stations by 2030, with plans to expand this number to 4,000 by 2035. Qatar has set ambitious renewable energy targets, aiming for solar capacity to reach 5 gigawatts by 2035—enabling the country to potentially meet EV charging demand entirely through clean energy. To support the development of its e-mobility ecosystem, Qatar has made strategic investments. In 2023, Ecotranzit unveiled prototypes of Vim, the first EV to incorporate Qatari intellectual property. Meanwhile, ABB E-mobility, a global leader in EV charging solutions, partnered with the Public Works Authority (Ashghal) to establish a state-of-the-art service and training centre in the Um Al Houl Free Zone, providing both theoretical and practical training on EV charging infrastructure. Qatar is also emerging as a key international investment partner, with the Qatar Investment Authority (QIA) investing in major EV battery manufacturers such as SK On—positioning the country as an important player in the global EV battery sector.

QRDI Council's Small Business Innovation Grant is now open for applications
QRDI Council's Small Business Innovation Grant is now open for applications

Zawya

time4 days ago

  • Business
  • Zawya

QRDI Council's Small Business Innovation Grant is now open for applications

Doha, Qatar: Qatar Research, Development, and Innovation (QRDI) Council's Small Business Innovation Grant (SBIG), a new national funding program designed to empower small and medium-sized enterprises (SMEs) in Qatar to implement and transform innovative ideas into impactful solutions. Launched during Web Summit Qatar 2025, the SBIG program provides phased funding to support the development and commercialization efforts of innovative technologies, products, or services. This grant is part of QRDI Council's broader strategy to enhance the national innovation ecosystem and promote sustainable economic diversification, in alignment with Qatar's Third National Development Strategy (NDS-3). Applications for this grant are open now until August 4, 2025. SBIG provides support in two distinct phases. Phase I focuses on early-stage innovation, offering funding for feasibility studies and proof-of-concept development over a 6 to 12-month period. Phase II builds on the outcomes of Phase I, providing additional funding over 12 to 24 months to support prototype testing, technological development, and the achievement of project readiness for marketing. The grant focuses on SMEs operating in strategic sectors such as Medical and Healthcare, Logistics and Transportation, Smart Cities, Creativity, Arts, Tourism, and Emerging Digital Technologies. QRDI Council invites all eligible SMEs to utilize this opportunity to access non-dilutive funding and state-of-the-art innovation infrastructure in Qatar. The SBIG initiative reflects QRDI Council's ongoing commitment to supporting homegrown innovators and driving knowledge-based economic growth in Qatar. For full details and to begin the application process, visit the Innolight platform or contact the QRDI Council directly. About QRDI Council QRDI Council is a government entity with the mission to support research, development and innovation (RDI) activities as well as to develop RDI talent in Qatar. The Council strives to make Qatar a top destination for global talent and a pioneering research, innovation, and development hub with its motto 'locally empowered, globally connected'. Playing a pivotal role within the Qatar National Development Strategy, the QRDI Council is actively shaping the Innovation component of the Economic Diversification goal. The Council's commitment underlines its unwavering dedication to the Qatar National Vision 2030. QRDI Council aims to make Qatar a global innovation hub and a top choice for R&D centers worldwide, seeing RDI as vital for Qatar's growth and prosperity. To delve deeper into QRDI Council's endeavors and vision: Website: Stay Connected: Engage with the QRDI Council on various social media channels to stay updated on the Council's latest activities and achievements. Follow QRDI on - Instagram - LinkedIn - X - YouTube - : Facebook

QIA, Msheireb Properties sign deal for sustainable urban development
QIA, Msheireb Properties sign deal for sustainable urban development

Qatar Tribune

time04-06-2025

  • Business
  • Qatar Tribune

QIA, Msheireb Properties sign deal for sustainable urban development

QNA Doha Qatar Investment Authority (QIA) and Msheireb Properties have signed a strategic partnership to accelerate the expansion of sustainable urban projects in Qatar. Under the agreement, QIA will become a strategic shareholder in Msheireb Properties, joining Qatar Foundation for Education, Science and Community Development, which retains its majority stake of 51 percent. QIA has acquired a 49 percent stake in Msheireb Properties, underlining its confidence in the company's pioneering approach and integrated model for developing sustainable and human-centric smart cities. The partnership aims to fast-track innovative, human-centric real estate initiatives aligned with Qatar National Vision 2030 and the country's drive for economic diversification and environmental sustainability. It also aligns with QIA's mandate to support the development of a competitive Qatari economy and support the advancement of Qatar's Third National Development Strategy (NDS3). The collaboration opens new avenues for Msheireb Properties to expand its award-winning model, following the success of Msheireb Downtown Doha, the first fully redeveloped and sustainable city district in the world. The partnership reinforces Qatar's ambition to lead as a global hub for sustainable evelopment, especially in light of international efforts to reduce emissions and achieve carbon neutrality. As cities worldwide race to reduce emissions, this Qatari-backed partnership signals a bold move to lead the booming smart cities sector, with sustainability at its core.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store