US-based Loop Global to install 60 EV charging stations at Abu Dhabi’s Reem Mall

Abu Dhabi: California-based Loop Global Inc. announced Tuesday plans to install over 60 advanced EV charging stations at Abu Dhabi’s Reem Mall in 2025. The US company, which opened its regional headquarters in Abu Dhabi last year, announced plans to roll out the project in two phases. The first phase, expected to be completed in Q1 2025, will feature EV-FLEX Level 2 chargers. In the second phase, Loop will install its Infinity Flash DCFC 300KW/h lightning-fast chargers, which will be operational by the third quarter of this year. The company has over 6,500 chargers in the US.

The Loop-Reem announcement comes amid efforts by the UAE to meet aggressive emissions-reduction targets and satisfy increased consumer demand for EV charging infrastructure. The UAE plans to cut energy consumption in the transport sector by 20 per cent and increase EVs to 50 per cent of vehicles on the road by 2050. The goal is to install thousands of charging stations at retail outlets, multi-family residences, government offices, petrol stations and other locations by 2030.

Zack Martin, Loop President and Co-Founder, said, “The opportunity at Reem Mall allows Loop Global to advance the Emirates’ clean energy goals and give consumers the easiest, most convenient charging access.”

Commenting on how to use it, Loop officials said EV owners can use Loop’s mobile app, which allows drivers to find the nearest chargers, then initiate, monitor, and pay for charging. “Where available, drivers can also pay directly using a credit card reader. Charging station hosts pay no monthly network fees or operating costs. They set billing rates and receive 90 per cent of charging revenue,” Loop explained.

Adding Loop’s charging stations enhances its reputation as a regional innovator, according to Nadia Akil, CEO of Reem Mall. “By adding Loop’s charging stations, we’re innovating again and enhancing the options available to our customers,” said Nadia.