Loop and Reem Mall have agreed to the installation of more than 60 Loop e-charging stations in 2025. The first phase of the project, to be completed in the first quarter, calls for installation of Loop’s EV-FLEX Electric Vehicle Level 2 charging stations. In the second phase, Loop will install its Infinity Flash DCFC 300KW/h lightning-fast chargers, which will be operational by the third quarter. The Loop-Reem announcement comes amid efforts by the United Arab Emirates to meet aggressive emissions-reduction targets and satisfy increased consumer demand for EV charging infrastructure and options. To cut energy consumption in the transport sector by 20% and increase EVs to 50% of vehicles on the road by 2050, the UAE is working to making charging easier and more convenient. Its goal is installation of thousands of charging stations at retail outlets, multi-family residences, government offices, petrol stations and other locations by 2030.
Loop Global, a prominent provider of turnkey EV charging solutions, wrapped up an impressive 2024 with significant achievements. The company welcomed three new senior executives, rolled out the Infinity Flash™, a cutting-edge 300kW EV charging station, and expanded its global network by adding 2,700 new chargers, increasing the total to 7,600. Alongside these milestones, Loop established new operational hubs in Arizona and the Middle East, reinforcing its position as an industry leader in electric vehicle infrastructure. Key Highlights: Leadership Appointments: Loop named Olga Shevorenkova as CEO, Esther M. Santos as Vice President and Head of Sales, and Brandon Schantz as General Counsel and Corporate Secretary. Product Innovation: The Infinity Flash™ debuted, offering ultra-fast 300kW charging and a 24-inch high-definition display for enhanced user engagement. Network Expansion: The addition of 2,700 new chargers marked a 50% year-over-year growth in Loop’s global network. Global Reach: New facilities opened in Phoenix, Arizona, and Abu Dhabi, Middle East, boosting operational capacity.
