Jordan’s EV infrastructure is getting a boost: Egypt’s Pathfinder Energy Group is planning to set up 500 EV charging stations in Jordan at a total investment of USD 470 mn in partnership with the country’s Energy and Mineral Resources Ministry and Egypt’s East Gas Company, VP Maii Elzomar told Zawya Projects.
Powered by renewables: The EV charging stations are expected to be powered by both solar and wind energy, Elzomar added. The project will also see collaborations with British consultancy boutique Dunhill Ventures and US-based SSK Capital Investments.
The timeline: Work on the project is set to begin by the end of the year and be finalized within three years under three phases, Elzomar said. The first phase would include 120 charging points.
REMEMBER- Jordan’s EVs segment is projected to grow: Fitch Solutions said in June it expects appetite for passenger EVs in Jordan to remain high amid reduced import taxes on EVs. It expects passenger EV sales in Jordan to grow by 45.9% this year to hit an annual passenger EV sales volume of a little under 23.4k units from an estimated 16k sold last year.