IANS | 11 May, 2017
A new incentive has been launched by the UAE Ministry of Energy to
encourage motorists to opt for new zero-carbon-emission electric
vehicles through easy bank loans.
The announcement was made on
Wednesday by the ministry as part of its contribution to the Government
Accelerators, an initiative for a solutions-based collaboration among
government, private sector and academic teams.
It is aimed to drive change, raise government efficiency and speed services to build happiness for people.
Commenting
on the launch, Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of
Energy, said the electric vehicles are an efficient solution of high
relevance to the country's efforts to diversify sources of energy.
The
electric vehicles will help reduce carbon footprint with the ultimate
goal of enhancing economic competitiveness and ensuring sustainable
development, the report said.