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Thursday, March 23, 2023

Regeny and EvGateway plan to build 10,000 EV charging stations in the UAE

Regeny and EvGateway plan to build 10,000 EV charging stations in the UAE

EV mobility solutions provider Regeny and leading charging network developer EvGateway have partnered to deliver turnkey EV charging solutions with the goal of building 10,000 EV charging stations across the UAE by 2030.

The solution provides an end-to-end charging solution, including everything customers need to deploy their own EV charging infrastructure, with a range of alternating current (AC) and direct current fast charging (DCFC) hardware and charge management technologies to meet all charging needs .

Electric vehicles are growing at a compound annual growth rate of 30%. It is the fastest-growing segment of the UAE’s automotive industry, as new models with luxury options and the latest technology drive local demand.

The UAE is expected to have around 42,000 electric vehicles on the road by 2030 and is among the top 10 countries committed to electric vehicles, with 44% of residents willing to switch to electric vehicles. Also, regionally, Saudi Arabia’s EV industry is also set to take a leap forward under Vision 2030, with the recent launch of Ceer, the first local EV brand, expected to add $8 billion to the country’s GDP by 2034.

Convenience, accessibility and ease of use play a key role in driving consumers to electric vehicles.

To accelerate the adoption of electric vehicles, Regeny hopes to build a community of electric vehicle users and stakeholders, connecting all relevant stakeholders on a single platform, with seamless charging at its core. Regeny provides tailor-made charging solutions for hotels, offices, shopping malls, smart cities or homes with a powerful technology platform and state-of-the-art fast charging infrastructure.

Anish Racherla, CEO and co-founder of EvGateway, said: “The company’s vision for a transition to sustainable electric vehicles aligns seamlessly with EvGateway’s mission to help reduce global CO2 emissions by accelerating the adoption and use of electric vehicles in cities around the world. .”regeneration. – trade arab news agency

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