Dubai-based E Daddy, a startup operating in the sustainable urban mobility segment, announced securing a $15 million investment.
The investment will help the company to lead the charge in electrifying the UAE and beyond, the company said.
Mansoor Ali Khan Abdul Buhari, Founder and CEO of E Daddy, said the company is committed to championing the development of eco-friendly automobiles, and is proud to be the first company to manufacture vehicles end-to-end in Dubai.
Yasmeen Jawahar Ali, Co-Founder and COO of E Daddy, said with the investment of $15 million, the company’s vision of building a future where transportation is eco-friendly, efficient and within reach for everyone is within reach.
“We envision a world where clean, sustainable energy is not a luxury but a readily accessible necessity for all,” he said.
E Daddy’s EV facilities
E Daddy’s state-of-the-art facilities, one in Dubai Industrial City and another in National Industries Park, mark a significant milestone in the UAE’s green mobility sector, the company’s top executives said.
The company said it is set to launch its purely electric motorcycle in Q1 2025, designed to produce zero emissions at the tail end.
The innovative vehicle is projected to save 0.6 million tons of carbon emissions annually, aligning with the Dubai government’s clean environment strategy, and supporting a more sustainable future.
Abdul Buhari said the company’s electric two-wheelers are designed with the specific requirements of the UAE in mind, from temperature control to reducing emissions and enhancing the safety of last-mile delivery drivers.
He said E Daddy’s innovative approach integrates cutting-edge methods into its electric vehicles, including self-diagnostic techniques and unique battery technology featuring a double-layer cooling system.
“These advancements ensure optimal battery performance, even during peak temperatures nearing 50°C, setting E Daddy apart and positioning the company at the forefront of the mobility sector’s technological evolution,” the company said.
With plans to expand its reach, E Daddy intends to serve the GCC countries and the African continent from its UAE facility hub, further solidifying its role in the global movement toward sustainable urban mobility, the company said.
