Bahrain Electric Vehicle Market Size & Forecast 2025

Bahrain Electric Vehicle Market Research Report: Forecast (2025-2030)

Bahrain Electric Vehicle Market - By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Two Wheelers), By Power Source (Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV), Hybr... ... Vehicle (PHEV), Hybrid Electric Vehicle (HEV)), By Battery Type (Lithium-Ion Battery, Lithium Titanate Oxide (LTO)), By Region (North, Central, South), By Company (Renault Group, Tesla, Chevrolet, BMW AG, Hyundai Motor Company, Nissan Motor Corporation, Ford Motor Company, Porsche Middle East & Africa, Toyota Motor Corporation, Ashok Leyland, Volvo Car Corporation, Others) Read more

Automotive
Aug 2025
Pages 102
Report Format: PDF, Excel, PPT

Market Definition

Electric vehicles (EVs) are automobiles that are primarily powered by electricity stored (and sometimes even generated) on board the vehicle in batteries. These vehicles have minimal or zero emissions and are thus being promoted by governments across the world.

Market Insights and Analysis: Bahrain Electric Vehicle Market (2025-2030):

The Bahrain Electric Vehicle Market size was valued at around USD 1.2 million in 2024 and is projected to reach USD 5.98 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 30.70% during the forecast period, i.e., 2025-30. This high growth is likely to be driven by government mandates and policy support for EV adoption, rising consumer interest, and expanding product offerings.

Bahrain has announced its target of a 30% reduction in greenhouse gas emissions by 2035 as a part of its commitment to net-zero emissions by 2060. The government is thus pushing for green mobility as one of the planks for sustainable development under its ‘Economic Vision 2030’ plan. The National Bank of Bahrain (NBB) and Bahrain National Insurance (BNI) jointly offer subsidized policies that provide a 5-year comprehensive insurance along with battery replacement and free access to charging facilities for EV buyers in the country. The government is also supporting EV adoption by offering tax breaks to citizens purchasing EVs, driving the market growth of EVs in the country.

Moreover, the market demand for EVs is also increasing due to rising consumer interest. EVs are seen as a novel mode of transport due to their relatively recent entry into the automobile market. Bahrain’s youth and urban populations are especially receptive to EVs as these vehicles find inroads into urban areas through the shared-mobility segment. Consumer interest in EVs is supported by their lower maintenance and running costs as compared to conventional vehicles, further contributing to the market demand for EVs in Bahrain.

EVs are also seeing increased adoption in the country because of an increasing number of product offerings by global brands like Hyundai and Lexus. Newer entrants like BYD and JLR are seeing rapid adoption by EV buyers in the country, which is evident in their extremely high (400%+) growth numbers. EV adoption in the country is also fueled by a spillover effect from more developed markets in the region, like the UAE and Saudi Arabia. The Bahrain EV Industry is thus likely to see a strong demand through 2030 and beyond.

Bahrain Electric Vehicle Market Scope:

Category	Segments
By Vehicle Type	Passenger Vehicles, Commercial Vehicles, Two-wheelers
By Power Source	Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV), Hybrid Electric Vehicle (HEV)
By Battery Type	Lithium-Ion Battery, Lithium Titanate Oxide (LTO)

Bahrain Electric Vehicle Market Driver:

Government Mandates & Policy Support Driving Market Demand – Bahrain is seeing a rising demand for EVs, primarily driven by government mandates on emissions and policy support for faster EV adoption. The government has committed to a 30% reduction in greenhouse gas emissions by 2035 under its broader commitment to reach net-zero emissions by 2060. This is shifting its focus towards facilitating a conducive environment for EV adoption in the country. This is further supported by its mission to reduce reliance on oil and promote clean technologies under the ‘Economic Vision 2030’ plan.

The government is driving EV adoption through specific initiatives carried out by its various affiliates. The NBB offers subsidized insurance policies for EVs that provide added benefits alongside comprehensive insurance coverage. The Electricity and Water Authority (EWA) has entered into an alliance with Swedish electrification giant ABB to build 5 ultra-fast (360kW) charging stations across the country. The government is further accelerating EV adoption in the country by relaxing the regulatory requirements for the installation of commercial chargers in residential communities and office spaces.

Market Segmentation
Introduction
1. Research Process
2. Product Definition
3. Assumption
Executive Summary
Bahrain Electric Vehicle Market Trends & Developments
Bahrain Electric Vehicle Market Dynamics
1. Drivers
2. Challenges
Bahrain Electric Vehicle Market Regulations, Norms, & Product Standards
Bahrain Electric Vehicle Market Imports & Exports Analysis
Bahrain Electric Vehicle Market Hotspots & Opportunities
Bahrain Electric Vehicle Market Value Chain Analysis
Bahrain Electric Vehicle Market Analysis, 2020- 2030
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousand Units)
2. Market Share & Analysis
  1. By Vehicle Type
    1. Passenger Vehicles
    2. Commercial Vehicles
    3. Two-wheelers
  2. By Power Source
    1. Battery Electric Vehicle (BEV)
    2. Plug-in Hybrid Electric Vehicle (PHEV)
    3. Hybrid Electric Vehicle (HEV)
  3. By Battery Type
    1. Lithium-Ion Battery
    2. Lithium Titanate Oxide (LTO)
  4. By Region
    1. North
    2. Central
    3. South
3. By Company
  1. Competition Characteristics
  2. Market Share & Analysis
Bahrain Passenger Electric Vehicles Market Analysis, 2020- 2030
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousand Units)
2. Market Share & Analysis
  1. By Power Source
  2. By Company
  3. By Region
Bahrain Electric Two Wheelers Market Analysis, 2020- 2030
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousand Units)
2. Market Share & Analysis
  1. By Power Source
  2. By Company
  3. By Region
Bahrain Commercial Electric Vehicles Market Analysis, 2020- 2030
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Units Sold (Thousand Units)
2. Market Share & Analysis
  1. By Power Source
  2. By Company
  3. By Region
Bahrain Electric Vehicle Market Key Strategic Imperatives for Success & Growth
Bahrain Electric Vehicle Market Competition Outlook
1. Competition Matrix
  1. Product Portfolio
  2. Target Markets
  3. Research & Development
  4. Strategic Alliances
  5. Strategic Initiatives
2. Company Profiles (Business Description, Product Portfolio, Recent Development, Key Executives, Contact Details)
  1. Renault Group
  2. Tesla
  3. Chevrolet
  4. BMW AG
  5. Hyundai Motor Company
  6. Nissan Motor Corporation
  7. Ford Motor Company
  8. Porsche Middle East & Africa
  9. Toyota Motor Corporation
  10. Ashok Leyland
  11. Volvo Car Corporation
  12. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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