INSEAD Day 4 - 728x90

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.

TECOM profit up 9%

Revenue, occupancy drive earnings higher

DAE H1 profit $229m

Growth triggered by higher earnings, stron cash flow

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.