Renewable Energy Parkin to roll out more green EV chargers across Dubai By Pramod Kumar May 24, 2024, 4:28 AM Wam The number of electric vehicles in Dubai passed 30,000 by the end of April 2024 Dubai is expanding its network of electric vehicle (EV) chargers as part of the emirate’s push to accelerate smart and green mobility. Parkin, the state-backed parking management company, has signed an agreement with the Dubai Electricity and Water Authority (Dewa) to increase the number of EV green charger stations at prime locations across the emirate. Parkin and Dewa trade on the Dubai Financial Market. NewsletterGet the Best of AGBI delivered straight to your inbox every week Launched in 2014, Dewa’s EV green charger initiative supports the national electric vehicles policy and the Dubai green mobility strategy 2030, said managing director and CEO Mohammed Al Tayer. By the end of April 2024, the number of EVs in the emirate had passed 30,000. The number is expected to increase, Al Tayer said. Additionally, registered EV green charger customers rose from just 14 in 2015 to over 15,000 by the end of March 2024. Q1 profits rise 5% at Dubai’s Parkin Dubai’s Parkin valued at $1.7bn on listing UAE motorists fuelling demand for second-hand EVs From 2015 until the end of March 2024, Dewa’s EV green charger initiative has provided 3,278 MWh of electricity, powering a cumulative EV distance of over 16 million km. Parkin operates over 197,000 parking spaces in Dubai. UAEV, a joint venture between the Ministry of Energy and Infrastructure and Etihad Water and Electricity, announced this month its intention to build a network of high-performance EV chargers across the seven emirates. The new venture plans to roll out 100 fast and ultra-fast chargers by the end of 2024 and install at least 1,000 EV chargers by the end of the decade.