Abu Dhabi: Global electric vehicle (EV) charging solutions provider, Tellus Power Globe Holding Limited (Tellus Power) has signed a joint venture agreement with BinHendi Holding and SFE Group to establish one of the first EV charging equipment manufacturing companies in the Middle East. The agreement, signed on May 30 and supported by the United Arab Emirates (UAE) Ministry of Investment, aims to accelerate the region’s e-mobility infrastructure in response to the growing EV market, according to a statement.
According to BERNAMA News Agency, the joint venture agreement was signed at the Ministry’s headquarters by Tellus Power chief executive officer (CEO), Mike Calise and Sing Family Enterprise Middle East CEO, Marius Ciavola. Calise stated that the collaboration marks a significant milestone in expanding Tellus Power’s global reach and addressing the growing demand for clean mobility in the GCC. He expressed that the UAE’s rapid growth in clean technology and smart mobility makes this joint venture a strategic step forward and expressed gratitude for the support from all stakeholders.
BinHendi Holding Group CEO, Mohammad BinHendi, emphasized that the venture supports the ‘Made in UAE’ vision, positioning the country as a regional leader in next-generation EV infrastructure manufacturing. The partnership will leverage Tellus Power’s global expertise in EV charging technologies alongside the local market strengths of BinHendi Holding and SFE Group to develop future-orientated, smart EV infrastructure across the UAE and the Gulf Cooperation Council (GCC) region.
The Ministry of Investment played a pivotal role in facilitating greenfield investment, aligning with the UAE’s National Investment Strategy to advance sustainable technologies and enhance the country’s role as a regional hub for advanced manufacturing. The joint venture plans to invest in manufacturing direct current (DC) and alternating current (AC) charging equipment, including high-power DC charging stations with vehicle-to-grid (V2G) capabilities. These products will serve both domestic and regional markets and are expected to be launched by the end of 2025.