Dubai-based EDaddy, which makes two-wheeler electric vehicles (EVs), raised US$15 million. The investment would boost E Daddy’s EV manufacturing efforts in the UAE, GCC, and Africa.
Kabeen and Kabeer Khader, co-founders of Euroblast Middle East LLC, a design-engineering and solutions company serving the blasting and coating sector out of the United Arab Emirates, were the major investors in the round.
Mansoor Ali Khan Abdul Buhari and Yasmeen Jawahar Ali founded E Daddy in 2023 with the goal of enabling sustainable urban transportation for the general population as well as corporate industries.
In this regard, the company has already established two cutting-edge facilities in Dubai one in National Industries Park and the other in Dubai Industrial City.
According to Ali, E Daddy has established itself as the first firm to produce two-wheeler electric vehicles (EVs) fully in Dubai with the integration of cutting-edge procedures, such as self-diagnostic methods and proprietary battery technology with a double-layer cooling system. Thanks to these developments, batteries operate at their best even at extreme temperatures that are getting close to 50°C.
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“Our vision is to establish E Daddy as a leading name in the EV industry across the GCC and Africa,” Ali declares. “We aim to be recognized for our innovative approach and unwavering commitment to sustainability, setting new benchmarks for the electric vehicle market. We strive to transform urban transportation by providing electric vehicles that are not only technologically advanced but also accessible and practical for everyday use in our region. We are currently preparing to launch our first line of electric motorcycles in the UAE, with plans to enter other GCC markets shortly thereafter. E Daddy’s long-term vision includes playing a pivotal role in the UAE’s green transition, contributing to global sustainability efforts, and setting a standard for environmental responsibility in the automotive industry.”
E Daddy plans to launch an all-electric motorcycle in the first quarter of 2025. This motorcycle is designed to have zero tailpipe emissions, which means it will cut 0.6 million tons of carbon emissions annually.
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“The inception of E Daddy was driven by our deep-rooted passion for sustainable technology and the noticeable shift towards green initiatives in the UAE,” Abdul Buhari says. “With over a decade of experience in the automotive sector, Yasmeen and I saw an opportunity to make a significant impact by entering the EV market. The UAE’s ambitious environmental goals, coupled with the increasing demand for cleaner transportation solutions, motivated us to launch E Daddy. We recognized a substantial market gap for high-quality, locally adapted EVs that could address the unique challenges of extreme weather conditions and urban mobility in the region. Our mission was further fueled by a commitment to not only align with but actively contribute to the UAE’s sustainability goals, positioning E Daddy as a pioneer in the electric mobility sector.”
About E Daddy
E Daddy’s next-generation battery technology sets a new benchmark for electric vehicles in any environment. With a decade of automotive experience from M Auto Groups.
