Abu Dhabi’s EasyLease Acquires 60% Stake in Electric Charger Company Fully Charged

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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.

EasyLease 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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Abu Dhabi’s EasyLease Acquires 60% Stake in Electric Charger Company Fully Charged

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.

EasyLease 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.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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