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 In the United Arab Emirates, MOTOR has launched a fully electric car-sharing platform


In the United Arab Emirates, MOTOR has launched a fully electric car-sharing platform

The MOTOR attempts to scale its fleet to 200 cars by the end of 2022 and launch its platform in KSA as well as other GCC countries by the end of 2023.

Electric vehicle car-sharing platform, MOTOR, has announced its launch in the UAE with a mission to provide users with leading electric vehicles in the market at an affordable price.

As the fuels cost the rising around the world along with the ambitious visions of the UAE, including the ‘UAE Net Zero 2050′ and the government’s commitment to converting 20% of its fleet of government-owned automobiles to citric alternatives by 2030, which have seen a substantial increase in demand for electric vehicles across the Emirates.

Now because of a simple registration process on the MOTOR Share, UAE residents can locate and rent MOTOR’s electric vehicles, which feature the Tesla Model 3 and soon the Tesla Model Y with other leading brands, in just a few clicks. The platform provides lucrative perks, including complimentary parking in all public RTA spaces across Dubai, free EV charging, comprehensive insurance, and affordable tariffs.

Hamad AlMazrooei, the co-founder of MOTOR, said that as the UAE moves towards strengthening its resolve to fight climate change through the ambitious ‘UAE Net Zero 2050’, more and more businesses and residents are looking to convert to electric vehicles.

He added that their goal at MOTOR is not only to further stimulate the sustainable transition to electric vehicles, but they also want to make sustainable mobility more accessible, affordable, and flexible.

According to the Khaleej Times, “Sustainability is at the core of everything we do,” said co-founder Kazbek Khunkaev.  “It is not only about electric vehicles, it is about sustainable behavior that we want to promote – more efficient driving – optimized charging, and shared mobility instead of purchased mobility. All are directed at making sure that the limited resources our planet provides are used in a responsible manner. We also plan to offset whatever limited carbon footprint we create through a series of environmental initiatives… can’t disclose everything yet but it will be impactful for certain.”

ABB Limited, Nidec Corporation, Parker-Hannifin Corporation, Robert Bosch GMBH, SKF AB, and ZF TRW Automotive Holdings Corporations are some of the top manufacturers and players, along with data on revenue, price (USD/Unit), earnings, and global Electric Vehicle (EV) Traction Motor market share for each.

Global Business Magazine

Global Business Magazine

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