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00:00 UAV is a government company specialized in electric vehicles.
00:10 It aims to distribute electric vehicles in all parts of the UAE.
00:15 This government company is a partnership between the UAE and the Ministry of Energy and Infrastructure.
00:24 This is a big step by the UAE in investing in charging networks.
00:34 This is a proof that the UAE is committed to achieving its smart transportation strategy
00:44 and its strategy to increase the participation of electric vehicles in the transportation sector in the UAE.
00:50 How many electric vehicles are expected to be distributed in the UAE?
00:58 We have heard that you are changing old electric vehicles to more modern and faster ones.
01:05 Tell us more about this and how much did you spend?
01:07 We have seen the requirements of the users of electric vehicles.
01:14 Every day, we have a new electric vehicle that needs to be charged.
01:20 No one is ready to spend a long time to charge the car.
01:24 We started to change the electric vehicles and move to fast chargers.
01:31 Today, we have 160 electric vehicles in the UAE.
01:40 We have 100 chargers by the end of this year and 1000 chargers by 2030.
01:48 The goal is to cover the entire UAE.
01:54 The focus will be on the areas where the Water and Electricity Union is operating
01:59 due to our presence there and the services we provide.
02:04 The special network in the North Emirates is owned by the Water and Electricity Union.
02:08 How big is the investment in this project?
02:11 The investment will be huge.
02:15 We will be talking about hundreds of millions in the coming years.
02:19 Today, we have a plan of 100 chargers that we will implement by the end of this year.
02:25 We have a plan of 1000 chargers by 2030.
02:29 This plan has flexibility.
02:31 If the market demand is more than 1000 chargers, we will have more flexibility.
02:38 We will have more investment opportunities.
02:41 But, the plan is to cover 60 million in the coming months.
02:46 Inshallah.