Skip to content Skip to Search
Skip navigation

Dubai taxi franchise adds 269 Tesla cars to meet green goals

Arabia Taxi Dubai
Arabia Taxi Dubai is moving to converting its fleet to a fully electric and carbon-free one

Arabia Taxi Dubai, a subsidiary of UAE-based Economic Group Holdings, has signed an agreement with Tesla Motors Dubai to add 269 ‘Model 3’ cars to its taxi fleet this month.

The move is in line with the strategy of Dubai’s Roads and Transport Authority (RTA) to convert taxi vehicles into 100 percent environmentally friendly – hybrid, electric and hydrogen – vehicles by 2027.

Economic Group Holdings owns 6,000 vehicles, the UAE’s largest fleet of private taxi vehicles, the company said in a statement.

“These new 269 vehicles are a giant leap towards converting the company’s fleet to a fully electric and carbon-free one,” the statement added. 

Sheikh Majid bin Hamad Al Qasimi, owner and chairman of the company, said 83 percent of the cars in Dubai’s fleet are currently operating with environmentally friendly hybrid engine technology.

“The company is working on a strategic plan to convert the remaining vehicles into fully electric cars and is considering the possibility of using hydrogen-powered vehicles in the future,” he said.

The company is seeking to cooperate with Tesla and several electric car manufacturers to offer sustainable transportation options, Al Qasimi added.

Ahmed Bahrozyan, CEO of the public transport agency at the RTA, stressed the importance of joint cooperation between the authority and the franchise companies to improve the emirate’s electric transport infrastructure. 

Latest articles

Clothing, Glove, Computer

Saudi HR company to raise up to $106m from listing

Tamkeen Human Resources Company (Tamkeen) is expected to raise between SAR365.7 million and SAR397.5 million ($97-$ 106 million) from its initial public offering (IPO) on the Saudi stock exchange. The company set its IPO price range between SAR46 and SAR50 per share on Sunday as institutional book-building period commenced. The final price will be determined […]

Desert, Nature, Outdoors

Jordan’s 2024 tourism revenue drops

Jordan’s tourism revenues in the first nine months of 2024 fell by 4 percent year on year to $5.5 billion. The decline was attributed to a 7 percent drop in tourist numbers, state-run Petra reported, quoting data from the Central Bank of Jordan. Despite the overall decline, tourism income from Jordanian expatriates and Arab visitors […]

People, Person, Adult

Saudi Arabia to invest $2bn in Pakistan’s economy

Saudi Arabia and Pakistan have signed 27 memorandums of understanding totalling $2 billion. The investments will target industry, agriculture, information technology, food, education, mining and minerals, health, petroleum and energy, Dawn newspaper reported. The MoUs were signed in the presence of Pakistan’s prime minister Shehbaz Sharif, chief of army staff general Asim Munir and Saudi […]

DP World launched a new berth at London Gateway in August, making the facility the UK’s largest seaport

UK minister confirms DP World to invest in London Gateway

Dubai’s DP World will invest £1 billion ($1.3 billion) in its London Gateway port, business minister Jonathan Reynolds has confirmed. “The investment is going ahead,” business minister Jonathan Reynolds told Sky News after media reports suggested that DP World executives had threatened to boycott the International Investment Summit on October 14 and refrain from investing in […]