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Daily Newsletter

30 November 2023

Daily Newsletter

COP28: Al-Futtaim Group announced as e-Mobility Partner

Delivered a fleet of 370 electrified vehicles for conference

Dani Cole November 30 2023

Middle East business conglomerate Al-Futtaim Group has announced it is the Strategic e-Mobility Partner of the 2023 United Nations Climate Change Conference (COP28) at Expo City Dubai.

Al-Futtaim Automotive, one of the major divisions of the Al-Futtaim Group, says it has an ambition to deliver 50% new energy vehicles (NEVs) and install 10% of the charging stations in the UAE by 2030.

Paul Willis, President of Al-Futtaim Automotive, said: “We have to take radical action to tackle the climate crisis, especially within the automotive sector, as surface transportation is a major contributor to greenhouse gas emissions.”

Omar Al Futtaim, Vice Chairman and CEO of Al-Futtaim Group, said: “The future of business is inextricably linked with the future of our planet.”

As part of the strategic partnership, Al-Futtaim Group will deliver a fleet of 370 electrified passenger cars, sports utility vehicles (SUV), and buses to be utilised for COP28.

The company will install its own Charge2Moov electric charging stations for the event.

See also: The auto industry and sustainability under the radar again at COP28?

Smart parking market expected to grow at a CAGR of 13.2% by 2030

Urbanization and population growth are the major drivers of the smart parking market as they have a significant impact on parking demand, traffic congestion, and the need for efficient urban infrastructure. Smart parking systems assist in optimizing the use of current parking facilities by providing real-time information on available spaces and decreasing the time and effort spent looking for parking. Automated parking systems and automobile stacking technologies optimize land usage by requiring less space for the same number of parked vehicles.