Arthur D. Little (ADL), the world’s first management consulting firm, has joined forces with the Future Investment Initiative (FII) Institute for the FII 7th Edition, which takes place at King Abdulaziz International Conference Center, Riyadh, from October 24-26, 2023.
This year, e-mobility features highly on the FII agenda, and Arthur D. Little is out in force to share valuable insights and shape critical dialogue. On October 25, ADL Partner and Global Automotive Group Lead, Dr. Andreas Schlosser, will host a panel session at 12:30pm entitled: ‘Impact: Is the World Ready for E-Mobility?’, with panelists including Faisal Sultan, Global Vice President & Managing Director at Lucid Motors; Adam Ridgway, Founder & CEO of One Moto; and innovative mobility expert, Eng. Ruba Fayez Abdelal.
During the session, ADL will guide discussions on some of today’s most pressing electric mobility topics, including market readiness, the potential sustainability gains, and the social and economic benefits now emerging on the horizon.
ADL’s global automotive lead will also deliver a keynote speech on the latest Global E-Mobility Readiness Index (GEMRIX) 2023. While Norway maintains its position as the global leader in electric vehicle (EV) readiness, China emerges as a close contender in second place. Notably, the report reveals significant advancements in electric vehicle readiness across the MENA region too, with the United Arab Emirates and Qatar ranking 7th and 9th, respectively, on the global index, and the GCC as a whole making an impact.
GEMRIX 2023 is the third edition of the study and has expanded its scope to include 35 markets across all continents, making it the most comprehensive EV market readiness indicator available in the industry today.
Commenting on the findings of this year’s GEMRIX, Dr. Schlosser is enthusiastic about the future of EV in the Middle East: “The data speaks volumes about the accelerated pace of EV adoption in the MENA region. The commitment from both governments and the private sector is not just aspirational; it is backed by actionable plans and significant investments.”