Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has shared that it supported the international expansion of two Dubai-based businesses to provide electric vehicles (EVs) in new markets.
The Chamber said that its efforts contributed to the completion of a strategic partnership between ONE MOTO and Global Synergy Trading DWC LLC.
“The chamber played a pivotal role in facilitating the partnership between ONE MOTO, a Dubai-based business specialising in the field of EVs, and Global Synergy Trading, a company from the emirate that operates in international trade, warehousing, logistics, and after-sales support,” it said.
The partnership resulted in the launch of ONE-MOTO Technologies Private Limited. This new company will manage joint overseas operations in the two-wheeled EV sector for the Indian market.
His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: “Dubai International Chamber is keen to highlight emerging opportunities in promising overseas markets for companies operating in the emirate. We are committed to nurturing impactful partnerships that export the expertise of Dubai-based businesses to the world. These efforts help to accelerate economic development and further consolidate Dubai’s position as a leading global gateway for opportunities and growth.”
Adam Ridgway, Founder and CEO of ONE MOTO, said: “Dubai Chambers has been instrumental in the progress of ONE MOTO’s international expansion and has contributed to the success of our partnership with Global Synergy Trading. This strategic step will play an important role in advancing our business activities in key global markets.”
Naveen D. Egbert, CEO of Global Synergy Trading, added: “We would like to thank Dubai International Chamber for their effective role in supporting our partnership with ONE MOTO, which will contribute to providing environmentally friendly zero-emission and cost-effective transportation. Global Energy Trading aims to diversify its business by entering the field of assembly and production in order to contribute towards a clean, green, and healthy environment for future generations.”