Skip to content Skip to Search
Skip navigation

Sweden’s Abu Dhabi truck deal to drive bilateral trade

Einride Dhabi Einride
Einride's Robert Ziegler, second left, and Abdulla Al Marzouqi of Abu Dhabi's Integrated Transport Centre, middle, at the signing of the new deal
  • 1,000 electric heavy duty trucks
  • First step in Falcon Rise Grid
  • Stage set for more Swedish investment

The UAE’s deal for Swedish tech company Einride to help to build the Abu Dhabi portion of the Falcon Rise Grid electrified road freight system could portend more business between the two countries.

Einride will deploy 1,000 electric heavy duty trucks and 100 autonomous vehicles across Abu Dhabi and Al Ain, and install charging infrastructure.

The deal was signed last month with the Integrated Transport Centre and its parent the Abu Dhabi Department of Municipalities and Transport. Sweden’s trade commissioner told AGBI that clean energy would be one driver of future UAE-Sweden trade growth.





The 550 km Falcon Rise Grid is being developed over the course of five years and will stretch across Abu Dhabi, Dubai and Sharjah.

It will include a total of 2,000 electric trucks, 200 autonomous trucks and eight charging stations with more than 500 charging points.

The Abu Dhabi deal with Einride is part of the Department of Municipalities and Transport’s goal of decarbonising the entire road freight transport system in the emirate by 30 percent by 2030.

Robert Ziegler, general manager EMEA at Einride, said with the Abu Dhabi partnership, “we’ll be able to further solidify our plan of electrification across the region as it will support key work such as the shaping of incentives and policy”.

Einride, founded in 2016, became the first company in the world in 2019 to deploy an autonomous electric vehicle on a public road. In 2022 it became the first company to receive approval to operate the vehicle on a US public road.

Massoud Biouki, trade commissioner of Sweden to the UAE, said the Einride/Abu Dhabi deal was a good example of the increased investment and partnership between the UAE and Sweden. He said there was a “great level of interest” among Swedish companies looking to set up operations in the UAE and the wider Middle East region.

Swedish exports to the UAE totalled $870 million in 2022, a 27 percent increase on the previous year.

However, a survey last year by Business Sweden, an organisation that represents the country’s companies in the UAE, found there was a significant trade imbalance between Sweden and the UAE, as Swedish imports from the Emirates remain small at about $100 million.

Biouki identified transport, IT and energy among the sectors likely to drive trade growth between the two countries.

“Sweden and the UAE have entered multiple cooperation agreements on matters from SMEs, R&D, environmental technology and innovation. As a result, we see significant potential for Swedish companies across numerous sectors,” he told AGBI.

“Many regional business opportunities are generated in the UAE, and a significant part of trade with Swedish products goes through the country,” he said.

Last month, Sweden’s Saab and the UAE Ministry of Defence signed a $190 million contract for in-service support for Saab’s GlobalEye airborne early warning and control system.

Latest articles

EGSH

Dubai launches one-stop hub to streamline government services

People in Dubai can now obtain an Emirates ID, register a company, open a bank account and more under one roof following the opening of the Emirates Government Services Hub (EGSH). Owned by Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, a member of the Dubai Royal family, EGSH allows clients to access all essential […]

In association with
Thailand's consul general Kitinai Nutakul visits the Saudi Ministry of Foreign Affairs in Jeddah

Thailand opens investment office in Saudi Arabia

Thailand’s Board of Investment (BOI) is opening its first Middle East office in Saudi Arabia, signaling a deepening of economic ties between the nations after a longstanding diplomatic spat. The office will focus on attracting Saudi investment into Thailand’s targeted industries and supporting Thai entrepreneurs looking to invest in the region, the BOI said in […]

hajj saudi arabia

Saudia reports big rise in international passengers

Saudi Arabia’s national carrier Saudia reported a 24 percent increase in international passengers to 9.1 million in the first half of 2024. There was also a 13 percent rise in the number of flights. The Hajj pilgrimage in June played a large part in the growth.  The number of passengers flying on domestic routes rose […]

renewables target dam

World is off track to meet Cop28 renewables goal

The world is far from reaching its 2030 renewables target, the International Renewable Energy Agency (Irena) said on Thursday. Countries committed at the Cop28 summit in Dubai last year to treble renewables capacity in order to limit global warming to 1.5C. To stay on course global capacity growth needs to accelerate to a minimum rate […]