UAE Ministry of Energy, Etihad WE has established an EV charging company

UAE Ministry of Energy, Etihad WE has established an EV infrastructure company

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The UAE Ministry of Energy and Etihad Water and Electricity (Etihad WE) have established a joint venture to build and operate fast charging infrastructure for electric vehicles (EV) in the country.

The venture, known as UAEV, is the first fully government-owned EV charging network.

The new company aims to ensure that the country meets the current demand for EV infrastructure while making it easier for citizens and residents to go green.

“UAEV embodies the power of government-industry partnership and aims to provide vital electric vehicle infrastructure to drive EV adoption, energize communities and unleash the UAE’s economic potential,” said Suhail bin Mohammed Al Mazrouei, the Minister of Energy and Industry. Infrastructure.

The Ministry of Energy and Etihad WE expect to reveal further details about UAEV’s growth strategy plans by the end of 2024. UAEV aims to contribute to the advancement of the country’s electric mobility while meeting the growing demand of motorists.

The deployment of EV infrastructure offers significant economic opportunities, including job creation. The kind of EV infrastructure UAEV envisions will play an important role in supporting the reduction of greenhouse gas emissions.

EV charging infrastructure is essential for the adoption of electric cars.

The Ministry of Energy and Etihad WE’s venture aligns with the UAE’s broader strategies to reduce carbon emissions, starting with the deployment of electric buses and taxis and extending to improvements in public services.

TAQA and ADNOC Distribution established E2GO in January 2023 – a mobility company that will build and operate EV infrastructure in Abu Dhabi and other emirates.

Earlier in 2024, Schneider Electric partnered with Charge&Go, part of e& Group, to drive the development of EV charging infrastructure in the UAE.

The Sharjah Roads and Transport Authority joined forces with BEEAH in January to build and operate a network of EV charging stations. Hundreds of chargers will be built across the emirate at strategic locations along highways and multiple districts, covering key commercial and urban areas to make charging fast, convenient and accessible to the public.

Similarly, Dubai Electricity and Water Authority plans to accelerate the rollout of green fast and ultra-fast charging stations for electric vehicles and operate 1,000 charging points by the end of 2025.

Read: Dubai utility DEWA wants to expand EV charging network to 1,000 by 2025