Business | General
Baynuna holds negotiations with Mubadala to supply electric cars
Abu Dhabi-based manufacturer has signed a deal with French firm to export 10,000 units.
- By Mohammad Ezz Al Deen, Staff Reporter
- Published: 00:00 February 20, 2007
Abu Dhabi: Abu Dhabi-based Baynuna Group is negotiating with Mubadala Development, the capital's investment company, to supply advanced electric cars for civilian or military usage, Baynuna's chairman said.
Khalid Abdullah Al Bu Ainnain, Chairman of Baynuna, told Gulf News in an interview that the group has signed a deal with a French company to export 10,000 electric cars.
"We are cooperating with the giant French group Dassault to produce an electric car which can operate on clean power with a speed of 160 km/h," he said.
He said that the technology used in these cars is also used in the aviation industry.
He gave no details about the value of the deal or the investment in the joint project.
Al Bu Ainnain, the former chief of the UAE Air Force, said that Baynuna will produce the engine, battery and air conditioning, and the French company will produce the rest of the car.
"This low fuel consumption car could be used as taxis, public transport vehicles and government cars," said Al Bu Ainnain.
"This technology can fit with any regular car, and most of the car's systems can be converted to this electric car," he added.
"The car can be driven 8 years free of maintenance, and it needs just 1.5 litres of gasoline to go 100 km," he said.
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