Factory project in the United Arab Emirates
Injet Solution Electric. , aims to become a major player in EV charging infrastructure in the UAE. Aligned with UAE Vision 2030 and Net Zero 2050, our project aims to establish a state-of-the-art charging station manufacturing facility to support the country’s energy transition. Partnerships: The company plans to collaborate with DEWA, Masdar and other key industry players in the region.
PROBLEM & OPPORTUNITY
Electric mobility in the UAE is growing, but charging infrastructure is insufficient. The government is investing massively in sustainable transport solutions, creating a buoyant market for charging station manufacturers.
SOLUTION
Our solution: A local production plant to reduce costs, accelerate deployment and
support the strategic objectives of the United Arab Emirates (UAE), the sub-region and other continents. Several countries will thus source their charging stations from the United Arab Emirates.
PRODUCTION CAPACITY
Initial capacity: 50,000 terminals/year. Strategic location: Abu Dhabi or Dubai Free Zone (JAFZA). Advanced technology: Fast and ultra-fast terminals compatible with all electric vehicles AC generation 2 terminals, DC terminals
3rd generation.
MARKET & POTENTIAL
UAE EV market growth: +30% per year
Government objective: 42,000 terminals by 2030
Estimated market size: $3 billion by 2028
Absence of a major local manufacturer: Significant competitive advantage
THE PLANT WILL BE LISTED ON THE DUBAI STOCK EXCHANGE.
The Dubai Financial Market (DFM) and Nasdaq Dubai are the two main stock exchanges in the emirate. Here is an overview of their specificities and their relevance for a charging station factory project:
Dubai Financial Market (DFM)
• Regulated market under the authority of the Securities and Commodities Authority (SCA) of the United Arab Emirates.
• Mainly hosts local and regional companies in the energy, finance, real estate and industrial sectors.
• Possibility of introducing a company via an IPO (Initial Public Offering) to raise funds.
• International investors can participate, but with certain restrictions.
Nasdaq Dubai
• More international market which allows foreign companies to be listed.
• Suitable for large fundraisers and institutional investors.
• Fewer restrictions for foreign investors.
• Possibility of issuing green bonds and sukuks (Islamic bonds) to attract capital respecting Islamic finance.