UAE’s EasyLease Acquires 60% Stake in Fully Charged
To expand its offering in green mobility.
Abu Dhabi-based EasyLease, a player in the mobility solutions sector and a subsidiary of International Holding Company, has acquired a 60 percent stake in Fully Charged, an electric charger manufacturer and installer, according to an announcement.[1]
Fully Charged LLC, is a UAE-based company specializing in electric vehicle (EV) charging technology.
Fully Charged has successfully installed over 5000 charging devices.
Among its clientele are more than 45 corporate entities, including DAMAC, Dubai Holding, Bvlgari Resort Dubai, Emirates, and Arabia Taxi.
Established in 2011, EasyLease operates as a capital subsidiary of International Holding Company and is listed on the ADX Second Market under the ticker “EasyLease.”
With a fleet of over 25,000 vehicles, the company is a provider of integrated transportation solutions across various sectors, including e-commerce, delivery, logistics, courier, and food service providers.