UAE tech giant e& launches Charge2Go EV network
Also In This Package
Dubai: The UAE tech and telecom group e& is getting into electric vehicle charging hubs with the soft launch of ‘Charge&Go’ – a decision timed to sync with the growing number of EVs on local roads and the need for quick and easy access by drivers to charging networks.
“We’re strategically placing our stations nationwide to offer users a dependable, affordable, and easily accessible charging solution.” e& thus becomes Abu Dhabi’s third mega-corp alongside the ADNOC Distribution-TAQA joint venture to get into EV charging points.
In addition, its enterprise unit has been adding IT systems integrators into its fold. “We made remarkable progress in our strategic focus areas, supported by strong performance in our core telecom business (and) increased demand for our digital services,” said Dowidar.
Notably, e& had been the biggest shareholder in the telecom major Vodafone UK. This paved the way for a strategic collaboration between the two.
“e& broadened its horizons with investments in Vodafone to enhance its international portfolio, (thus) providing an opportunity to expand into new markets in Africa, Europe and Asia as well as areas outside telecom,” the Group CEO added.
“This was followed by the binding agreement to acquire a majority stake in PPF Telecom, expanding into Central and Eastern Europe mainly Bulgaria, Hungary, Serbia and Slovakia. The $400 million investment in Careem was another strategic move in line with our ambitious strategy.”
This ecosystem results from collaborative ventures with key energy stakeholders, to provide a reliable, user-focused charging journey. e& is aiming to establish one of the largest EV charging ecosystem, collaborating with government and private sectors to achieve this.Hatem Dowidar
In parallel, e& will continue to draw out the whole of the possibilities from 5G, which, in a nutshell, is about ratcheting up the speed of network-delivered services. “5G has also supported the growth of IoT which is expected to have a major impact on the global economy,” said Dowidar.
“5G has revolutionised every industry with its faster speeds and lower latency, supporting the growth of IoT, autonomous vehicles and smart cities. With our continuous investments over decades into the networks, today the UAE ranks first globally among 143 countries in 5G mobile speeds and in the NPS (Net Promoter Score), which determines the customer experience on the network,” he added.
Sign up for the Daily Briefing
Get the latest news and updates straight to your inbox