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May 30, 2024

Bahrain Insurance Association successfully accomplished its pioneering initiative of the first Electric Vehicle Forum in Bahrain

Manama, May 6, 2024: The Bahrain Insurance Association (BIA) held its first Electric Vehicle (EV) Forum on May 6, 2024, in Manama. Featuring ten speakers of international acclaim, alongside industry experts and key stakeholders from the region, this forum was dedicated to addressing the unique challenges and opportunities presented by electric vehicles through a daylong session of interactive discussions, keynote speeches and industry interactions.

The primary sessions focused on the following topics

Infrastructure, Charging and Connectivity

Original Equipment Manufacturer Transition and Agency Adoption

EV insurance Innovation

Scene of Accident Safety and Reliable Recovery

Understanding of the EV Technology

The Voice of the Bodyshop

End of Life and End of the Environment

Concluding Session: Highlights, Outcomes and Next Steps

Speaking on the occasion Mr. Jawad Mohammed, CEO, Solidarity Bahrain and Chairman of the Bahrain Insurance Association said, “Electric Vehicles are the future of the global automobiles industry and as much as nearly half of global car sales by 2035 could be made of EVs. This fundamental shift requires the entire ecosystem to make some major changes, and through this forum the BIA attempts to address some of the key issues pertaining to this new trend.” He added, “Bahrain sets a new global benchmark in industry collaboration. We hope those present at this forum will seize the opportunity to develop a successful national EV strategy for Bahrain by exploring the lifecycle of an electric vehicle. We thank you all for joining us at the Forum and for being a part of the vision that will be driving Bahrain into the future.”

The forum opened with an interactive panel session on ‘Infrastructure, Charging and Connectivity’ by Mr. Bruno Soares of ESB International, Bahrain. The speakers discussed fundamental factors instrumental for a successful national EV strategy such as the projected growth of EVs, necessary charging infrastructure and other logistical requirements essential for a successful model as well as sharing experiences on effective solutions for probable roadblocks.