The UAE Ministry of Investment has facilitated the formation of Tellus Power MENA, a new joint venture aimed at manufacturing electric vehicle (EV) charging infrastructure in the country. The entity brings together California-based Tellus Power, China’s Sing Family Enterprise, and UAE’s BinHendi Holding.
Tellus Power MENA will focus on the local production of advanced EV charging systems, including vehicle-to-grid technologies. The move is intended to address growing regional demand and support the UAE’s transition to electric mobility.
The Ministry of Investment supported the joint venture from early introductions to completion. It conducted due diligence, provided regulatory guidance, and linked the firms to free zones and government agencies.
The project aligns with the UAE’s National Electric Vehicles Policy, which aims to achieve a 50% EV adoption rate by 2050 and supports the National Investment Strategy’s focus on increasing foreign investment in renewables and manufacturing.
Tellus Power operates EV infrastructure projects across the US, Europe, India, China, and South America. The new MENA unit will serve the GCC market from its base in the UAE.
The UAE’s EV market is expanding rapidly. According to Mordor Intelligence, the market is expected to grow at a compound annual growth rate (CAGR) of more than 24% through 2029. Government policy, falling battery costs, and infrastructure expansion are driving the adoption of electric vehicles.
