In a momentous milestone for the promotion of sustainable transportation in the MENA region, Tron Energy Technology Corporation and MAP-Tron-E have formally engaged in a Memorandum of Understanding (MoU) to establish a joint venture dedicated to the development and manufacturing of electric buses. The signing ceremony, which took place in Dubai last night, signified a crucial moment for both companies, graced by the presence of esteemed industry leaders and government officials.
The partnership between Tron Energy Technology Corporation and MAP-Tron-E is poised to introduce advanced electric vehicle (EV) bus technology to the UAE, in alignment with the nation’s steadfast commitment to environmental sustainability. As one of the pioneering electric bus manufacturers in the UAE, the joint venture endeavors to revolutionize the regional transportation sector by offering eco-friendly and efficient transit solutions. Additionally, the collaboration will prioritize the development of sustainable charging infrastructure to facilitate the widespread adoption and usage of EV buses.
The MoU signing ceremony, held on July 16, 2024, exemplifies the shared vision of Tron Energy Technology Corporation and MAP-Tron-E to foster innovation and sustainability in the transportation industry. At the event, Richard Huang, CEO of Tron Energy Technology Corporation, expressed appreciation to the visionary leaders of the UAE, including His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Huang reaffirmed the companies’ dedication to supporting the UAE’s vision and actively contributing to the attainment of net carbon zero.
Moreover, Akshay Aggarwal, Director of MAP-Tron-E, announced the appointment of esteemed individuals to the board of directors, underscoring the company’s commitment to assembling a team of experienced and forward-thinking professionals for the venture.
By the end of Q3 2024, the joint venture is scheduled to commence ground testing with electric buses in the UAE, followed by the initiation of manufacturing operations in Q1 2025. The preliminary phases will involve comprehensive testing to ensure the electric buses adhere to the highest standards of safety and efficiency. Upon approval, the venture will proceed with large-scale manufacturing and distribution across the MENA region.
This partnership signifies a notable stride in the advancement of sustainable transportation solutions and underscores the dedication of both companies to contribute to the UAE’s ambitious sustainability goals. The collaboration between Tron Energy Technology Corporation and MAP-Tron-E is anticipated to play a pivotal role in shaping the future of environmentally friendly transit options in the UAE and beyond.