In a move that underscores its commitment to leading the sustainable mobility revolution, EasyLease, a leading mobility solutions company and a subsidiary of Abu Dhabi-based International Holding Company, has announced the successful acquisition of a 60 percent stake in Fully Charged, a leading company in electric charger manufacturing and installation.

 

The acquisition not only fortifies EasyLease’s position in the sustainable mobility sector but also positions the company as a key player in the evolution of the industry’s ecosystem.

 

Fully Charged, a UAE-based innovator in electric vehicle (EV) charging technology, has been instrumental in advancing the EV infrastructure across the region. 

 

As a trusted supplier for leading global EV dealerships, the company has established an impressive track record of installing more than 5000 charging devices and serving more than 45 corporate clients, including prestigious names like Damac, Dubai Holding, Bvgari Resort Dubai, Emirates, and Arabia Taxi.

 

EasyLease CEO Ahmad Al Sadah said: "With this acquisition, we are not just investing in technology; we are strategically positioning ourselves at the forefront of the sustainable mobility transformation." 

 

"This move is a testament to our vision for a greener future and our commitment to driving the shift towards more eco-friendly transportation solutions, making a positive impact on the industry and the planet, supporting our expansion in the GCC and Middle East as well as pioneer our efforts to elevate research and developments capacities," said Al Sadah.

 

Fully Charged’s comprehensive range of services, including home charger installation, corporate charging solutions, and ongoing support and maintenance, have been pivotal in their success. The company’s collaboration with over six renowned brands further cements its reputation as a leader in the field.-TradeArabia News Service