Arab Finance: TAQA Volt, a subsidiary of TAQA Arabia's electricity operating arm TAQA Power, entered a partnership with Al-Futtaim Real Estate to develop, manage, operate, and maintain an initial phase of nine electric vehicle (EV) charging stations within Cairo Festival City (CFC), according to an emailed press release.
The collaboration paves the way for a broader expansion plan, aiming to promote building up charging stations across the city in the medium term.
“This collaboration stands as a testament to TAQA Volt's commitment to excellence, innovation, and the relentless pursuit of a greener, smarter future for our nation," Samy Abdel Kader, Managing Director of TAQA Power., commented.
For his part, Ashraf Ezz El-Din, Managing Director for Al-Futtaim Real Estate, said: “By integrating TAQA Volt's cutting-edge Electrical Vehicle Charging Stations into this luxurious enclave, we are not only meeting the evolving needs of our discerning customers but also contributing to the broader environmental objective of an eco-friendly and self-sustaining ‘city within a city’."