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Sustainable Mobility Start-Up E Daddy Secures $15m Funding

by Madaline Dunn
written by Madaline Dunn

Sustainable mobility start-up E Daddy has announced that it has secured USD 15 million (approximately AED 55 million) in investment. 

“We envision a world where clean, sustainable energy is not a luxury but a readily accessible necessity for all,” commented Yasmeen Jawahar Ali, Co-Founder and COO of E Daddy, noting that the investment of USD 15 million will help to build towards that goal.

The company, headquartered in Dubai, UAE, is set to launch its electric motorcycle in Q1 2025, it shared. 

According to E Daddy, its electric vehicles include self-diagnostic techniques and battery technology featuring a double-layer cooling system, aimed at providing optimal battery performance, including in peak temperatures nearing 50°C.

“We are proud to be the first company to manufacture vehicles end-to-end in Dubai, and are committed to championing the development of eco-friendly automobiles while serving the UAE in its endeavour to create a more sustainable future,” said Mansoor Ali Khan Abdul Buhari, Founder and CEO of E Daddy. 

Adding: “Our electric two-wheelers are designed with the specific requirements of the UAE in mind, from temperature control to reducing emissions and enhancing the safety of last-mile delivery drivers.”

The mobility start-up noted that it intends to serve the GCC countries and the African continent from its UAE facility hub.

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EnvironmentLatest NewsMobilityTransportation

Red Sea Global and Hyundai Motor Group collaborate for eco-friendly mobility solutions in developer’s luxury resorts

by Madaline Dunn
written by Madaline Dunn

Red Sea Global (RSG) and Hyundai Motor Group have signed a Memorandum of Understanding (MoU) to deploy eco-friendly mobility solutions in RSG’s luxury resorts in Saudi Arabia and explore opportunities to implement innovative future mobility solutions.

Under the MoU, RSG and the Group will explore potential opportunities in various fields.

In the short term, both parties will focus on validating and deploying the Group’s mobility solutions, such as battery electric and hydrogen fuel cell vehicles. In the mid to long term, the two will explore future mobility solutions, such as autonomous vehicles, Advanced Air Mobility (AAM), and maritime vessels.

John Pagano, Group CEO of Red Sea Global, and Dongkun Lee, Head of the Future Growth Strategy Sub-Division at Hyundai Motor Group, attended the ceremony at Red Sea Global Headquarters in Riyadh on March 24.

“Hyundai Motor Company is a world leader in sustainable and luxury mobility. By working together and integrating its cutting-edge technology and eco-friendly mobility solutions into our destinations, we have the opportunity to continue setting new benchmarks in carbon-neutral operations while exceeding our guests’ expectations for style, comfort, and environmental responsibility,” commented John Pagano, Group CEO of RSG.

Dongkun Lee, Head of the Future Growth Strategy Sub-Division at Hyundai Motor Group, added: “This partnership signifies our shared commitment to a sustainable and innovative mobility future for humanity. We will accelerate the validations and explore more long-term goals to build a greener and smarter ecosystem in the region.”

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Latest NewsMobilityTransportation

DEWA’s EV green chargers saw 59% surge in service usage last year

by Madaline Dunn
written by Madaline Dunn

Dubai Electricity and Water Authority (DEWA) has shared that its EV Green Charger initiative witnessed a 59 per cent increase in the usage of its “Green Charger” services for electric vehicles throughout 2023.

It noted that by 31 December, its initiative recorded 1,145,427 charging sessions conducted by registered electric vehicles, with a 59 per cent increase from 2022. 

DEWA provided 23419.821MWh of electricity for charging EVs in Dubai from 2015 to the end of 2023 through this initiative, powering a cumulative electric vehicle distance of 117 million kilometres.

It was shared that Dubai has seen an increase in the use of EVs since 2015, reaching 25,929 vehicles by the end of December 2023.

The number of EV owners registered under the initiative has also increased from 14 in 2015 to more than 13,959 by the end of December 2023.

DEWA noted that it has deployed 382 EV Green Charging Stations across Dubai, with many chargers having dual charging outlets. 

Four types of chargers have been installed: 

  • Ultra-Fast Charger (150 kW DC with ChadeMO and combo CCS sockets);
  • Fast Charger (43 kW AC with Type 2 Socket, 50 kW DC ChadeMO and Combo CCS Sockets; 
  • Public Charger (2 x 22 kW AC, with double Type 2 Socket); and 
  • Wall-Box (22 kW AC, with single Type 2 Socket).

Customers can also locate charging station locations through DEWA’s website, smart app, and 14 other digital platforms.

DEWA allows customers to create an EV account through its website, smart app, or the Interactive Voice System (IVR) at the DEWA Customer Care Centre. 

Customers can utilise the charging stations within an hour of vehicle registration. 

DEWA also launched the EV Green Charger User Dashboard to help customers better manage their EV Green Charger services. 

All customers, including unregistered ones, can also use the guest mode feature to charge their EVs.

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