In a significant development aimed at bolstering the UAE’s sustainable transportation infrastructure, the Ministry of Energy and Infrastructure (MoEI) and Etihad Water and Electricity (Etihad WE) have recently announced the formation of a groundbreaking joint venture known as UAEV. This venture is dedicated to revolutionizing electric vehicle (EV) charging infrastructure throughout the UAE, making it more accessible and convenient for the public.
The collaboration between MoEI and Etihad WE underscores a strategic partnership leveraging the expertise and resources of both entities. UAEV aims to capitalize on the synergies between government and private sectors, with a clear mission to rapidly expand EV charging capabilities across the nation.
With an ambitious roadmap ahead, UAEV plans to deploy 100 chargers by the end of 2024 and over 1000 chargers by 2030, marking a significant stride towards the UAE’s clean transportation goals. This initiative aligns with the nation’s Net Zero 2050 Strategy and the National Water and Energy Demand Management Programme’s objectives.
Beyond environmental benefits, UAEV also emphasizes the economic opportunities inherent in EV infrastructure development. The project is poised to generate employment opportunities, stimulate innovation, and foster economic growth through investment in new technologies and business models.
For Etihad WE, UAEV represents a strategic diversification effort, aligning with the company’s commitment to sustainable technology expansion. By leveraging its expertise in energy and water management, Etihad WE aims to create value for communities and contribute to the nation’s economic diversification efforts.
Overall, the unveiling of UAEV marks a pivotal step towards a greener and more sustainable future for the UAE, showcasing the power of collaboration and innovation in driving positive change.
