DUBAI, Jan. 9 (Xinhua) -- The United Arab Emirates' (UAE's) electric vehicle (EV) market revenue is projected to reach 1.95 billion U.S. dollars by 2025, local media reported Thursday.

Citing online data platform Statista, UAE newspaper Aletihad said the market is expected to grow at a compound annual growth rate (CAGR) of 3.8 percent in 2025-2029.

The newspaper also cited market research firm Mordor Inte