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January 16,2025

Kuwait: EV market size in Kuwait to reach upto USD 1.1 Billion by 2032

Kuwait’s EV market is still in the nascent stage, but strong growth is forecasted (from $51.2 million in 2023 to $1.1 billion by 2032).  The Kuwait Government has taken measures to support EVs by ensuring that every fuel station is equipped with at least one fast charging unit by the end of this year, and landlords are encouraged to allow installation of home wall boxes.

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