Page 40 - MOE ENGLISH PR REPORT- NOVEMBER 2024

Press Release

vehicles and step into the world of repurposing existing ones to electric presents a society that
looks deeper than the surface of things and proposes solutions that create practical, immediate, and
impactful results.”

He added: “In a world where shared transport is a crucial part of better quality of life within our
cities, we have the ambition of creating a new narrative for the UAE’s 40,000 public taxis, 16,000
school buses, and 2,000 public buses. We want to represent the power and value of circularity in
a modern society through the shared transport vehicles of this country that we will repurpose. It is
an initiative that we hope the UAE can spark the transformation globally and inspire other
countries to live by as it so often does."

The meeting discussed the technologies used to extend the lifespan of older gasoline-powered cars
through converting them to electric ones, as well as the company’s vision in bolstering the
country’s initiatives to reduce carbon emissions and raise the proportion of electric and hybrid
vehicles to 50 per cent of all vehicles on the roads by 2050.

The meeting also served as an opportunity to showcase the range of electric vehicles offered by
Peec Mobility in the local market, available to both individuals and businesses at competitive
prices, as well as the company's growth trajectory since its founding in 2020, with investments
totaling $12 million.
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For further information, please contact:

Orient Planet Group (OPG)
Tel: +971 4 4562888
Email: media@orientplanet.com
Website: www.orientplanet.com