Abu Dhabi's EasyLease acquires 60% stake in electric charger co Fully Charged
Fully Charged LLC, a UAE-based EV charging technology innovator, is a provider of home charger installation, corporate charging solutions, and ongoing support.
EasyLease, a mobility solutions company, has acquired a 60% stake in Fully Charged LLC, a leading electric charger manufacturing and installation company, according to a statement shared on Zawya.
The acquisition aims to strengthen EasyLease's position in the sustainable mobility sector and position it as a key player in the industry's ecosystem evolution.
is focusing on eco-friendly goods transportation to increase decarbonisation in last-mile delivery across the UAE and the region.
"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 Ahmad Al Sadah, CEO of EasyLease.
Fully Charged LLC, a UAE-based EV charging technology innovator, is a provider of home charger installation, corporate charging solutions, and ongoing support.
With over 5,000 charging devices installed and 45 corporate clients, including Damac, Dubai Holding, Bvgari Resort Dubai, Emirates, and Arabia Taxi, the company has established a strong reputation.
EasyLease, a subsidiary of International Holding Company, is a provider of integrated transportation solutions for various sectors, including e-commerce, delivery, logistics, courier, and food service providers.
With a fleet of over 25,000 vehicles, the company says it is committed to expanding its presence in the GCC and MENA region. It offers flexible vehicle leasing solutions tailored to businesses' diverse transportation needs.
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Edited by Affirunisa Kankudti
