Monday 20 March 2023

Regeny, EvGateway plan 10,000 EV charging stations in UAE

DUBAI, January 16, 2023

Regeny, an EV mobility solutions provider, and EvGateway, a leading developer of charging networks have partnered to offer turnkey EV charging solutions targeting a total of 10,000 EV charging stations in the UAE by 2030.

The solution provides end-to-end charging solutions that include everything customers need to deploy their own EV charging infrastructure,  with a range of alternate current (AC) and direct current fast charging (DCFC) hardware and charging management technology to meet all charging needs.

Electric mobility is growing at a compounded annual rate of 30%. It is the fastest-growing segment of the automotive industry in the UAE, spurred by a rise in local demand in light of the emergence of new vehicle models with luxury options & latest technology.

UAE is expected to have around 42,000 EVs on the road by 2030 and is among the top 10 countries that are geared towards electric mobility with 44% of the residents willing to shift to EVs. Moreover, regionally, under the 2030 vision, the EV sector is also set for great leaps in Saudi Arabia, with the recent launch of its first local EV brand, Ceer, projected to add $8 billion to the country's GDP by 2034.

Convenience, accessibility, and ease of use play a key role in enabling the consumer shift towards e-mobility.

In its quest to fast-track the adoption of electric mobility, Regeny looks to build a community of EV users and stakeholders, connecting all relevant stakeholders on one platform with seamless charging at its core. Regeny offers tailored charging solutions to hotels, offices, malls, smart cities, or homes through a robust technology platform and state-of-the-art fast-charging infrastructure.

"The company's vision to make the shift to sustainable e-mobility seamlessly matches EvGateway’s mission of helping to reduce global CO2 emissions by accelerating the adoption and use of Electric Vehicles in cities around the world," said Anish Racherla, CEO and co-founder of Regeny. – TradeArabia News Service


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