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Tuesday, 10 July 2018

Infinity Solar signs MoU with Wataneya Company for Roads to set up electric vehicle charging stations

Infinity Solar subsidiary Infinity-E has signed an MoU with Armed Forces-affiliated Wataneya Company for Roads to set up electric vehicle charging stations at Wataneya gas stations, according to Hany Zahran, founding partner of Zahran Law Office, which is Infinity’s legal advisor. The two sides are still in talks over the details of the cooperation, Zahran tells Al Mal, without mentioning when they expect to sign the final contracts. Meanwhile, Dershal — the local distributor of Dongfeng cars — has teamed up with e-payments firm Fawry to set up an online payment option for individuals using one of the electric charging stations Dershal is setting up, Dershal Chairman Hassan El Desouky tells Al Mal. The payment platform will be launched at the end of the month.

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