HummingbirdEV, a prominent player in commercial vehicle electrification, announced the establishment of a microfactory in the United Arab Emirates (UAE). This strategic move aims to boost the production of their zero-emission commercial vehicles, catering to the growing demand in the Middle East and North Africa (MENA), Southeast Asia, and India.
The company’s expansion into the UAE is a significant step in fulfilling regional customer requirements and enhancing its local presence. HummingbirdEV’s new facility will focus on producing vehicles specifically for mid-mile and last-mile applications, including refrigerated trucks. This development aligns with the company’s recent establishment as a registered entity in the UAE and the formation of a local operations team.
Based in California, HummingbirdEV is revolutionizing the commercial vehicle industry, leveraging patented technologies to meet the global shift towards zero-emission transportation. Their approach emphasizes performance, efficiency, and reliability, ensuring vehicles are suited for various environments, from deserts to urban areas.
Rakesh Koneru, co-founder and CEO of HummingbirdEV, expressed enthusiasm about entering the UAE market. He highlighted the company’s commitment to accelerating the decarbonization of commercial vehicles and contributing to global sustainability goals. Koneru emphasized the unique design of their vehicles, tailored to the specific challenges and opportunities of the region.
The company’s UAE venture is further strengthened through a strategic partnership with IBMC Group, a leading economic advisor and investment manager. This collaboration is spearheaded by H.E. Sheikh Khalid Bin Ahmed Al Hamed and Mr. Sajith Kumar P K, Group CEO & MD of IBMC Group. IBMC’s expertise in the region’s infrastructure and business landscape is expected to play a crucial role in integrating HummingbirdEV into the market effectively.
Mr. Sajith Kumar, Group CEO & MD of IBMC Group, remarked on the alignment of this partnership with IBMC’s sustainable practices. He praised HummingbirdEV’s innovative approach and their dedication to creating vehicles suited for regional needs. Kumar anticipates that this partnership will pave the way for sustainable transportation in Asia, Africa, and the Middle East.
About HummingbirdEV: Founded in 2015, HummingbirdEV, Inc. (HBEV) stands as a global leader in zero-emission commercial vehicle technologies. The company offers a range of products including complete vehicles, electric drivetrain systems, and software solutions. Headquartered in Livermore, California, HummingbirdEV maintains a strong focus on innovation and holds a significant presence in the U.S., China, and India. For more information, visit their website.
About IBMC Group: IBMC Group, with connections in over 100 countries, is a renowned economic advisor and industry consultant in the UAE and the wider Asia and MENA regions. The firm specializes in project development, financial planning, and market strategies, boasting a successful track record across various industries.
