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Abu Dhabi Investment Office Signs Cooperation Agreement with Star Charge for Global Expansion

ABU DHABI, 18TH October / WAM / The Abu Dhabi Investment Office announced today, on the sidelines of its participation in the activities of the GITEX Global Exhibition, the signing of a cooperation agreement with “Star Charge”, which intends to expand its global operations by establishing its regional headquarters in the Smart and Autonomous Vehicles Industry Complex (SAVI). ) in Abu Dhabi.

Star Charge is considered one of the leading companies in developing smart energy solutions, providing a full range of electric vehicle charging equipment, energy storage, software and services. The company conducts a lot of research and development activities that focus on creating new energy solutions by employing advanced technologies such as the Internet of Things, bioenergy distribution, and communication systems between vehicles and all traffic elements on the roads (V2X).

Badr Salim Sultan Al Olama, Acting Director General of the Abu Dhabi Investment Office, said: “We welcome Star Charge to join the smart and self-driving vehicle industry complex in Abu Dhabi, as the company will benefit from its presence within an integrated and supportive business system that contributes to advancing the future prospects of sustainable mobility in all areas.” around the world.”

For her part, Claire Wang, Director of Star Charge in the GCC, said: “We at Star Charge are honored to sign this partnership with Abu Dhabi Investment Office, as our commitment to innovation in systems and infrastructure for electric vehicles, coupled with important support capabilities “The constructive contribution provided by both the Abu Dhabi Investment Office and Masdar City will contribute to shaping the features of a bright future for sustainable mobility in the region. There is no doubt that this partnership will represent an important catalyst for the growth of electric vehicle penetration rates and the shift towards a more sustainable, intelligent and environmentally friendly energy system.”

The global Smart and Autonomous Vehicles Industry Complex (SAVI) was designed with the aim of advancing efforts to develop smart and autonomous vehicles and their air, land and sea applications, where companies will be able to benefit from academic support, support for testing centers and facilities, scientific research and development efforts, issuance of certificates, provision of services, and service and storage workshops. Manufacturing facilities and providing logistics integration on a global level.

Islam Al-Hussein / Ahmed Al-Nuaimi

2023-10-18 14:55:00
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