OIH, BluEV partner to revolutionize the light mobility industry in Egypt

Updated 5/8/2023 10:32:00 AM
OIH, BluEV partner to revolutionize the light mobility industry in Egypt

Arab Finance: Orascom Investment Holding (OIH) inked a partnership with BluEV to enhance the light mobility industry in Egypt and beyond, according to a press release emailed to Arab Finance on May 8th.

Accordingly, the two companies will cooperate to create a platform to accelerate the green transformation under the sustainable development goals of the transportation sector.

Moreover, both will jointly work on introducing the BluEV Smart Network of battery swapping stations.

BluEV is an e-mobility platform that operates a smart network of battery replacement stations to enable light transportation users to shift to electric vehicle technology, allowing for an advanced and sustainable infrastructure that feeds two- and three-wheeled vehicles with clean energy.

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