In a significant development in the electric mobility sector, JBM Electric Vehicles, a subsidiary of JBM Auto Ltd., has entered into a strategic partnership with Al Habtoor Motors, a leading automobile distributor in the UAE. This collaboration aims to introduce next-generation electric buses to the UAE market, supporting the nation’s ambitious Net Zero by 2050 initiative.
Under the terms of the agreement, Al Habtoor Motors will serve as the exclusive importer and distributor of JBM’s electric buses in the UAE. The partnership is set to enhance the country’s public transportation infrastructure by providing sustainable, low-emission mobility solutions. The electric buses will be deployed across various segments, including urban city transit, school and staff transport, airport tarmac operations, and intercity tourist coaches.
Nishant Arya, Vice Chairman and Managing Director of JBM Auto, emphasized the strategic importance of the UAE market for the company. He stated, “The UAE is a strategic market for JBM Electric Vehicles. We are eager to contribute to the UAE government’s vision of sustainable transport.” This collaboration underscores JBM Electric Vehicles’ commitment to expanding its global footprint and promoting clean energy solutions in the transportation sector.
The partnership aligns with the UAE’s broader environmental goals, aiming to reduce carbon emissions and operating costs while enhancing passenger comfort. The electric buses are equipped with advanced lithium-ion battery systems, smart charging capabilities, and comprehensive safety features designed to meet the UAE’s climate and regulatory standards.
Ahmed Al Habtoor, CEO of Al Habtoor Motors, highlighted the significance of the partnership in advancing the region’s green mobility agenda. He remarked, “This partnership represents a significant milestone in our journey toward green mobility. Together, we aim to be among the top two e-mobility players transforming the clean public mobility landscape in the region.”
The collaboration also leverages JBM Electric Vehicles’ E-verse platform, an integrated EV ecosystem that includes electric buses, charging infrastructure, and leasing services. This holistic approach aims to provide a seamless and efficient electric mobility solution for the UAE’s public transportation network.
The announcement of the partnership has had a positive impact on JBM Auto’s stock performance. Shares of the company rose over 6% on the day following the announcement, reflecting investor confidence in the company’s strategic move into the UAE market.
This partnership marks a significant step in the global transition toward sustainable transportation solutions. By combining JBM Electric Vehicles’ expertise in electric mobility with Al Habtoor Motors’ strong local presence and distribution network, the collaboration is poised to play a pivotal role in shaping the future of public transport in the UAE.