Arabia Taxi LLC – Dubai, a subsidiary of the Economic Group Holdings owned by Sheikh Majid bin Hamad Al Qasimi, announced the signing of an exclusive agreement with Tesla Motors – Dubai to add 269 Tesla cars, Model 3, to the Dubai taxi fleet in April 2023 in line with the strategy of the Roads and Transport Authority in Dubai to convert taxi vehicles in Dubai (Dubai Taxi and franchise companies) into a 100 per cent environmentally friendly (hybrid, electric and hydrogen) vehicles by 2027.

The Economic Group owns the largest fleet of private taxi vehicles in the United Arab Emirates. Its fleet includes about 6,000 taxi vehicles. These new 269 vehicles represent a giant leap towards converting the company’s fleet to fully electric and carbon-free.

In this context, Sheikh Majid bin Hamad Al Qasimi, Chairman of the Board of Directors of The Economic Group, said that the company had made remarkable progress in this field, as 83 per cent of the cars in the Dubai 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 using hydrogen-powered vehicles. It looks forward to expanding its cooperation with Tesla and several electric car manufacturers to offer its clients diversified, sustainable, environmentally friendly transportation options. The company hopes to lead in promoting the transformation of public and private transport industry towards a sustainable one and reducing the environmental impact of commercial activity in the UAE and the whole region.” Al Qasimi added.

Ahmed Bahrozyan, the CEO of the Public Transport Agency at the Roads and Transport Authority, said: “This step confirms the efforts of Arabia Taxi is working on translating the directions of our wise leadership to rationalize the use of energy in the UAE and to create a safe, clean and sustainable environment that lives up to the level of reputation and prestige of the Emirate of Dubai, as well as promoting the Dubai government’s initiative to introduce green vehicles for a cleaner environment.”