Dubai-based E Daddy, a startup working within the sustainable city mobility section, introduced securing a $15 million funding.
The funding will assist the corporate to guide the cost in electrifying the UAE and past, the corporate mentioned.
Mansoor Ali Khan Abdul Buhari, Founder and CEO of E Daddy, mentioned the corporate is dedicated to championing the event of eco-friendly vehicles, and is proud to be the primary firm to fabricate automobiles end-to-end in Dubai.
Yasmeen Jawahar Ali, Co-Founder and COO of E Daddy, mentioned with the funding of $15 million, the corporate’s imaginative and prescient of constructing a future the place transportation is eco-friendly, environment friendly and inside attain for everybody is inside attain.
“We envision a world the place clear, sustainable power just isn’t a luxurious however a readily accessible necessity for all,” he mentioned.
E Daddy’s EV amenities
E Daddy’s state-of-the-art amenities, one in Dubai Industrial Metropolis and one other in Nationwide Industries Park, mark a big milestone within the UAE’s inexperienced mobility sector, the corporate’s prime executives mentioned.
The corporate mentioned it’s set to launch its purely electrical bike in Q1 2025, designed to supply zero emissions on the tail finish.
The modern car is projected to avoid wasting 0.6 million tons of carbon emissions yearly, aligning with the Dubai authorities’s clear setting technique, and supporting a extra sustainable future.
Abdul Buhari mentioned the corporate’s electrical two-wheelers are designed with the precise necessities of the UAE in thoughts, from temperature management to lowering emissions and enhancing the security of last-mile supply drivers.
He mentioned E Daddy’s modern method integrates cutting-edge strategies into its electrical automobiles, together with self-diagnostic strategies and distinctive battery know-how that includes a double-layer cooling system.
“These developments guarantee optimum battery efficiency, even throughout peak temperatures nearing 50°C, setting E Daddy aside and positioning the corporate on the forefront of the mobility sector’s technological evolution,” the corporate mentioned.
With plans to increase its attain, E Daddy intends to serve the GCC nations and the African continent from its UAE facility hub, additional solidifying its position within the international motion towards sustainable city mobility, the corporate mentioned.
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