New EV infrastructure manufacturer in the UAE: Emirati investment firm BinHendi Holding, Tellus Power, and China’s Sing Family Enterprise signed a joint venture agreement to establish Tellus Power MENA, a UAE-headquartered manufacturer of electric vehicle (EV) charging systems, state news agency Wam reports. The Investment Ministry “played a key role” in facilitating the investment, as the UAE looks to attract more FDI into manufacturing and renewables.

(Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

What the JV will do: The company will produce EV charging solutions locally to meet regional demand and support the development of bidirectional vehicle-to-grid technologies across the GCC. It aims to serve both as a manufacturing base and a regional technology partner.

Meet the partners:

  • BinHendi Holding is a UAE investment company focused on mobility, energy, and industrial innovation. Its footprint spans 11 sectors, according to its website;
  • Tellus Power is a California-based EV infrastructure manufacturer with clients in the US, Europe, India, China, South America, and the GCC;
  • Sing Family Enterprise Group is a China-based, multi-sector family office and investment group.

REMEMBER- The UAE is targeting 50% EV adoption by 2050 under its National Electric Vehicles Policy and is rapidly scaling up its infrastructure. Over 500 public EV chargers are set to be installed by year-end, with state-backed UAEV aiming for 1k stations by 2030. Adnoc Distribution has expanded to 200+ chargers and targets 500 by 2028, while Abu Dhabi Mobility is rolling out 1k Charge AD stations under PPPs.

Local manufacturing is ramping up too, with Chinese brand ROX Motors and Dubai-based W Motors planning EV production in Abu Dhabi. E Daddy is teaming up with Robust to produce battery packs, and UAEV partnered with AW Rostamani to offer dealership-linked charging credits.

Tags: