E DADDY UAE Secures $15 Million in Funding
E DADDY, a Dubai-based company specializing in electric mobility, has secured a $15 million investment, boosting its efforts to transform the electric vehicle landscape in the UAE.
E DADDY is the first company to fully manufacture vehicles in Dubai. It is distinguished by its advanced facilities in Dubai Industrial City and the National Industries Park. The company is also preparing to launch its fully electric motorcycle in the first quarter of 2025. This motorcycle is designed to be emissions-free and is expected to contribute to reducing carbon emissions by 0.6 million tons annually, aligning with Dubai’s clean environment strategy and supporting a more sustainable future.
Mansour Ali Khan Abdul Bari, Founder and Chairman of E DADDY, stated, “We are proud to be the first company to fully manufacture vehicles from start to finish in Dubai. We are committed to advancing the development of eco-friendly vehicles while serving the UAE in its pursuit of a more sustainable future.” He added that their electric motorcycles are designed to meet the specific needs of the UAE, from temperature control to emissions reduction and enhancing the safety of last-mile delivery riders.
Yasmeen Jawaharali, Co-Founder and CEO of E DADDY, added, “With a $15 million investment, our vision of building a future where transportation is eco-friendly, efficient, and accessible to everyone has become more tangible. We look forward to a world where clean and sustainable energy is not a luxury but a necessity available to all.”
With plans to expand its services, E DADDY intends to serve the GCC countries and the African continent from its headquarters in the UAE, further strengthening its role in the global movement towards sustainable urban mobility.