INTELLIGENT
GREEN TECHNOLOGY
Al-Futtaim announces launch of Al- Futtaim Electric Mobility Company to drive green technologies in UAE
T he diversified group launched the first-ever Electric Mobility Company to accelerate e-mobility growth . It has partnered with BYD , the leading New Energy Vehicle Company , into the UAE . It announced partnership with Siemens to launch Charge2Moov charging stations as an integrated , end-to-end EV offering for customers .
Al-Futtaim announced three major unveilings , all leading to their future mobility vision . The first announcement was the launch of their Electric Mobility Company , and the UAE ’ s first ever e-mobility focused dealership . The company will operate as an individual entity , with a team of global talents pooling their expertise in electric vehicle , hybrid and automotive , led by a newly appointed Managing Director , Hasan Nergiz .
With the vast experience and resources of Al-Futtaim , the new company is slated to grow fast in a sector already seeing a surge in demand ; with the UAE ’ s EV market expected to grow at a CAGR of 30 % until 20281 . The UAE has one of the highest levels of EV acceptability , as 30 % of the UAE residents strongly consider buying an EV to contribute to the green transition .
The UAE also has one of the highest charging-station-to-vehicle ratios in the world , with 325 charging stations currently and plans to increase this number significantly in the coming years1 .
The new Al-Futtaim Electric Mobility Company announced their first New Energy Vehicle partner . The UAE will now be the first country in the Middle East to have the industry-defining BYD vehicles touring its streets , with Al-Futtaim being named as BYD ’ s representative in the UAE .
BYD is the world ’ s leading new energy vehicle manufacturer , having sold an extraordinary volume of 1.86 million NEVs worldwide in 2022 alone and more than 3 million NEVs to date . They remain one of the most successful manufacturers of electric and hybrid worldwide , and the only company to produce the full EV industrial chain including batteries , electric motors , electronic controllers , and semi-conductors . BYD has already launched and is operating successfully in several advanced markets like Europe , USA , Japan and Korea .
Holding an impressive 26,000 globally approved patents , BYD ’ s automotive success is driven by their ground-breaking Blade
Battery , a proprietary technology that they claim to be the most advanced battery and nearly five years ahead of the industry .
The Blade Battery is undisputed in terms of efficiency , safety , and range , having been tested in extreme conditions – including being heated in a furnace to 300 ° C , overcharged to 260 % and tested over a run of 100,000 kilometres in the UAE summer . To enable more and more people in the UAE to make the shift to EVs , the new Al-Futtaim Electric Mobility Company re-emphasized the importance of having the full end-to-end solution for customers . Following this customer-centricity approach , the company also announced its partnership with the global technology pioneer , Siemens , to create Charge2Moov charging stations . The product has currently launched for EV customers , with plans to extend into public charging solutions to add to the fast-growing EV infrastructure within the country . •
INTELLIGENT TECH CHANNELS 4747