ENOC enters the electric car fluid market

The “Enok” group concluded the ninth forum for international lubricants distributors in Thailand, where the main distributors from all over the world gathered to discuss the ways of progress and challenges facing the sector within the global distribution network, declaring at the same time that it entered the electric car fluid market.

The group stated, in a statement yesterday, that more than 25 international distributors attended the global forum, which witnessed for the first time the participation of Thailand, Pakistan, Kyrgyzstan, Kuwait, Jordan and Congo, which confirms the group’s success in enhancing its presence in the markets and expanding its international network, in line with its strategy for business growth in the long term, and with expectations of the global market growth of electric vehicle fluids at an annual rate of annual rate 28.6% between 2024 and 2030, the event also witnessed the launch of “Electra”, a dedicated group of vehicle liquids specifically designed for electric and hybrid vehicles, in addition to three oils for gasoline engines that meet the latest specifications that match the API SQ standard approved by the American Petroleum Institute.

Enook also reviewed the new design of its lubricant products for lubrication oils during the forum, which was launched at the “Automicanika Dubai” exhibition, last year.

“We are pleased to host our main distributors from all over the world in the Southeast Asian market with rapid growth rates to discuss global trends and set a road map for the future of the sector,” said Saif Hamid Al Falasi.

He added: “With the aim of keeping pace with the rapid growth in the electric car market, we announced the launch of (Electra), the group designated for electric and hybrid liquids, which confirms our commitment to meeting the growing global needs.”