Page 313 - MOE ENGLISH PR REPORT- NOVEMBER 2024

11/25/24, 10:53 AM Emerging Gulf
“We want to showcase the value of circularity in modern society through the shared vehicles of this country,”
Faizal said. “This initiative not only aims to transform transportation in the UAE but also inspires global efforts
towards sustainability.”

The meeting provided insights into Peec’s technologies for converting older gasoline-powered cars into electric
vehicles. It also outlined the company’s vision to align with the UAE’s goals to reduce carbon emissions and
increase the proportion of electric and hybrid vehicles to 50% of the total by 2050.

Peec Mobility also showcased its range of electric vehicle offerings for the local market, catering to both
individuals and businesses at competitive prices. The initiative highlights the firm’s commitment to supporting
the UAE’s sustainability goals while promoting the adoption of clean energy solutions.

With its significant investment and innovative approach, Peec Mobility aims to contribute to the UAE’s
leadership in sustainable transportation and circular economy practices, setting an example for other nations to
follow.

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