MoIAT Signs LoI with NEV Enterprise to Develop, Maintain and Operate Charging Station Factory in UAE

The LoI, signed at the Make it in the Emirates Forum, underlines the country’s commitment to decarbonization and increasing the contribution of the industrial sector to climate actionand economic growth.

The LoI represents a strategic partnership focused on the development, maintenance, and operation of a charging station factory in the UAE, the first-of-it-kind in the region, catering to the growing demand locally and regionallyfor electric vehicle (EV) charging infrastructure through pre-negotiated offtake contracts.

The report shows the UAE, which has more than 300 charging stations, has one of the largest charging station-to-vehicle ratios in the world.

The LoImarks a major step towards the future of the UAE’s sustainable transport infrastructure in line with the country’s Net Zero by 2050 Strategic Initiative with Shahin aiming to meet 40% of the UAE’s Direct Current (DC) charging demand by 2030.

The signing ceremony was witnessed by Her Excellency Sarah Al Amiri, Minister of State for Public Education and Advanced Technology.

Ramzi Kuhail, Chief Executive of NEV Enterprise, signed on behalf of the new company. He said: “We are delighted to collaborate with the Ministry of Industry and Advanced Technology (MoIAT) on this significant endeavor to bolster the manufacturing of EV charging stations in the UAE. This collaboration represents a significant milestone in the UAE's journey towards a greener future, firmly establishing the country as a regional leader in the development and production of cutting-edge EV charging infrastructure."