Abu Dhabi companies sign agreement for providing EV charging points across UAE

  • Date: 19-Jan-2023
  • Source: Khaleej Times
  • Sector:Real Estate
  • Country:UAE
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Abu Dhabi companies sign agreement for providing EV charging points across UAE

Demand for EVs in the UAE market has witnessed a steady rise over the past years and is projected to see a compound annual growth rate (CAGR) of 30 per cent between 2022 and 2028

An agreement to pave the way for creating the joint venture was signed by Engineer Bader Saeed Al Lamki, CEO of Adnoc Distribution, and Jasim Husain Thabet, Group CEO and MD of Taqa, and was unveiled during the Abu Dhabi Sustainability Week.

Published: Thu 19 Jan 2023, 5:27 PM

Adnoc Distribution, the UAE’s largest fuel distributor and convenience store retailer, has agreed with Abu Dhabi National Energy Company (Taqa), one of the largest listed integrated utility companies in the EMEA region, to work together to establish a mobility joint venture, E2GO, to build and operate electric vehicle (EV) infrastructure in Abu Dhabi and the wider UAE.

An agreement to pave the way for creating the joint venture was signed by Engineer Bader Saeed Al Lamki, CEO of Adnoc Distribution, and Jasim Husain Thabet, Group CEO and MD of Taqa, and was unveiled during the Abu Dhabi Sustainability Week (ADSW 2023).

Demand for EVs in the UAE market has witnessed a steady rise over the past years and is projected to