INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Schneider Electric, Charge&Go ink pact

The demand for electric vehicles in the UAE is projected to witness a compound annual growth rate of 30 percent until 2028. (WAM)
  • Demand for electric vehicles in the UAE market has steadily increased over the past few years.
  • The collaboration also aims to deliver on the demand for sustainable transportation in the UAE.

DUBAI, UAE – Schneider Electric, an energy management and automation company, has signed an agreement with Charge&Go to drive the development of electric vehicle (EV) charging infrastructure in the UAE.

The collaboration aims to deliver on an increasing demand for sustainable transportation in the UAE and will cover the deployment of EV charging solutions.

Schneider Electric and e& ‘s joint efforts will enable the development of a capable charging network to promote widespread EV adoption in the country. The collaboration also includes installing EV charging solutions at Etisalat Academy by e.

CEO of Etisalat Services Holding Muammar Al Rukhaimi said, “By uniting with Schneider Electric, we amplify our commitment to drive positive transformation in the UAE’s electric vehicle infrastructure.”

He said, “This collaboration is a testament to our joint efforts in delivering accessible and sustainable charging solutions that contribute to the evolving eMobility landscape.”

Schneider Electric Commercial Vice President for UAE and Oman Ahmed Fateen said, “Our collaboration with e highlights our efforts toward advancing the landscape of sustainable transportation in the UAE.”

He said, “The installation of our EV charging solution at the Etisalat Training Academy highlights our mutual dedication to creating a robust charging network, propelling the widespread adoption of electric vehicles in the country.”

Demand for electric vehicles in the UAE market has steadily increased over the past few years and is projected to witness a compound annual growth rate (CAGR) of 30 percent until 2028, according to recent study issued by the International Trade Administration.