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Dubai Taxi Company Partners with Al-Futtaim Electric Mobility to Deploy 200 All-Electric BYD SEALs Taxis Across Dubai

Mid East Info21-04-2025
A Landmark Collaboration Paving the Way for Sustainable Mobility and Advancing UAE's Net Zero Vision by 2050
Dubai, UAE: In a significant step toward accelerating the UAE's transition to sustainable mobility, Dubai Taxi Company (DTC) has partnered with Al-Futtaim Electric Mobility to deploy 200 all-electric BYD SEALs Taxis across Dubai. This strategic collaboration underscores the shared commitment of Dubai Taxi Company and Al-Futtaim Electric Mobility to advancing green mobility and innovation, marking a major milestone in the UAE's journey to achieving its Net Zero 2050 goals. The partnership establishes new benchmarks for adopting sustainable practices within DTC's network.
The BYD SEAL, an all-electric sedan equipped with BYD's proprietary Blade Battery technology, is designed to deliver exceptional performance. This cutting-edge EV offers an impressive range of up to 600 km per charge, ensuring safety, extended reliability, and enhanced passenger comfort.
Dubai Taxi Company takes a major step forward in its journey toward sustainability. This strategic move not only enhances passenger experience but also boosts operational efficiency, reinforcing the company's position as a leader in sustainable transport solutions. The transition supports Dubai Taxi Company's ambitious goal of converting its entire fleet to electric vehicles by 2040. Customers can look forward to a quieter, smoother, and more environmentally friendly ride.
Hasan Nergiz, Managing Director of Al-Futtaim Electric Mobility, shared his perspective: 'This collaboration with Dubai Taxi Company highlights our vision to lead the transition towards sustainable mobility. Deploying a fleet of BYD SEALs demonstrates our commitment to providing advanced electric vehicle solutions that blend innovation with reliability. Together, we aim to redefine urban mobility by introducing vehicles that reduce carbon emissions and offer passengers a quieter, more comfortable travel experience, paving the way for a cleaner, greener future.'
Adding to this, Mr. Yousuf Ali Al Raeesi, Director of Government Affairs & HSSE – Automotive, Al-Futtaim Automotive, emphasized: 'This collaboration illustrates how public and private sectors can join forces to advance sustainable transportation. Integrating 200 BYD SEALs into Dubai Taxi Company's operations reflects our shared vision of building a robust green mobility ecosystem that supports the UAE's Net Zero 2050 aspirations.'
Mansoor Rahma Alfalasi, CEO of Dubai Taxi Company, commented on the operational benefits and the environmental impact of adding BYD SEALs to their fleet: 'The addition of 200 BYD electric vehicles from Al-Futtaim is a strategic step that reinforces DTC's commitment to innovation, operational efficiency, and environmental sustainability. With over 86% of our fleet already environmentally friendly—well ahead of the Roads and Transport Authority's 2027 target to reach 100%—this milestone underscores our ongoing efforts to transition towards a fully electric fleet by 2040. Through continued investment in sustainable mobility solutions, we are not only elevating the passenger experience but also actively contributing to Dubai's vision of a greener, smarter future.
Beyond fleet deployment, this partnership signifies a broader commitment to developing an electrified mobility ecosystem. Al-Futtaim Electric Mobility and BYD are dedicated to complementing the UAE's expanding EV infrastructure and supporting mass adoption of electric vehicles.
This collaboration stands as a testament to the UAE's dedication to pioneering green mobility solutions and setting a benchmark for sustainable urban transportation.
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7.5% increase in revenue and 3.4% increase in net profit during the first half of 2025 compared to the same period in 2024
7.5% increase in revenue and 3.4% increase in net profit during the first half of 2025 compared to the same period in 2024

Mid East Info

time06-08-2025

  • Mid East Info

7.5% increase in revenue and 3.4% increase in net profit during the first half of 2025 compared to the same period in 2024

EBITDA reached AED 719 million Pre-tax net profit amounted to AED 442 million, and net profit after tax reached AED 403 million Consolidated revenues of AED 3.36 billion for the twelve-month period until 30, June 2025 'Our sustained success is driven by the forward-looking strategy, operational excellence and the continued momentum in Dubai's real estate sector' – Bin Shafar Dubai, UAE,August 2025: Emirates Central Cooling Systems Corporation PJSC, the world's largest district cooling services provider (DFM: EMPOWER), (ISIN: AEE01134E227), announced its financial results for the first half of 2025. The company reported a total revenue of AED 1,453 million, marking a 7.5% increase compared to the same period in 2024. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) reached AED 719 million, with a growth of 3.6% and the pre-tax net profit amounted to AED 442 million marking 3.3% growth compared to the first half of last year. The net profit after tax reached AED 403 million marking a 3.4% increase compared to the same period in 2024. 'Empower's exceptional performance in the first half of 2025 reflects the strength of our integrated business model and the ability to efficiently adapt to changing market dynamics and customer needs. Our sustained success is driven by the forward-looking strategy, operational excellence, and the ability to extract long-term value from the continued momentum in the real estate sector. Through our ongoing efforts and commitment to innovation and latest technologies, Empower continues to support the sustainable development of Dubai, contribute to achieving global climate goals and the UAE's Net Zero 2050 targets, while reinforcing the nation's global leadership in climate action and green infrastructure,' said HE Ahmad Bin Shafar, CEO of Empower. Bin Shafar noted Empower's continued growth and development on all fronts, including the expansion of its infrastructure and project portfolio, and its consistent integration of innovation and digital transformation across operations. He reaffirmed the company's prominent presence in global district cooling forums, reflecting Empower's international leadership and commitment to sharing expertise in sustainable cooling. He further emphasised Empower's long-term commitment to creating added and sustainable value for all stakeholders, and to strengthening its position as a global benchmark in environmentally friendly district cooling. Sustained Financial Performance Empower reported consolidated revenues of AED 3.36 billion for the twelve-month period from July 2024 to June 2025, compared to AED 3.16 billion in the period from July 2023 to June 2024; an increase of 6.3%. EBITDA for the same period reached AED 1.58 billion, compared to AED 1.50 billion previously, reflecting a growth of 5.1%. Empower Dividend Distributions Empower's Annual General Meeting, which was held in March with a quorum of 89.9%, approved the Board of Directors' recommendation to distribute cash dividends for the second half of 2024, amounting to AED 437.5 million in total, equivalent to 4.375 fils per share or 43.75% of the company's paid-up capital, which was paid in April, 2025 Business Growth in H1 2025 The first half of 2025 witnessed a significant growth in Empower's business. The company signed 86 new contracts to supply over 99,000 refrigeration tons (RT) to various projects across Dubai. This boosted Empower's total contracted capacity to 1.86 million RT, reflecting growing demand among developers and building owners for the environmentally friendly district cooling solutions. Empower signed two major agreements during the first half of 2025. The first one is with DMCC (Dubai Multi Commodities Centre), the leading international business district that drives the flow of global trade through Dubai, to supply district cooling services to the next phase of Uptown Dubai, for a capacity of 24,675 RT. The second one is for the Island project, by Wasl to supply environmentally friendly district cooling services for a total cooling capacity of 23,853 RT. Moreover, the company's total connected capacity exceeded 1.6 million RT following the addition of approximately 38,000 RT during the reporting period. Empower also reported a notable increase in its service footprint, with the total number of buildings it serves reaching 1,684 in the first half of 2025. Added value for customers and stakeholders: As part of its commitment to enhancing customer experience and addressing their service needs, Empower launched its Mobile Application in April 2025. The feature-packed mobile app, which is available to download on the Apple Store and Google Play Store, is a hassle-free solution for managing its customers' District Cooling Services accounts right at their fingertips. Empower's annual summer campaign, which was launched in June for the twelfth consecutive year under the slogan, 'Set and Save at 24°C', aiming to reduce electricity consumption for cooling, saw a significant acceptance among the company's nearly 148,000 customers. The campaign is being conducted as part of Empower's sustainability strategies and will run until the end of summer. Expansion: Aligning with Empower's strategy to strengthen the district cooling infrastructure and expand its services in strategically important areas of Dubai, the company announced a new district cooling plant in Al Sufouh 2 area during the reporting period. The foundation work has already started for the new plant, while construction is scheduled to begin in the fourth quarter of 2025. This plant will be the first in a series of three future plant rooms that Empower plans to build in the area. The new plant will have a cooling capacity of 23,400 RT (RT) to serve several buildings, including the 'Innovation Hub,' one of the prominent landmarks in Al Sufouh. Strong Presence in International Forums: As a strong advocate of efficient cooling solutions globally, Empower continued strengthening its global presence during the reporting period. The company participated as a diamond sponsor in the International District Energy Association (IDEA) Campus Energy Conference 2025 in Boston, USA, in February, and the IDEA 2025 Annual Conference and Trade Show, in Minneapolis, Minnesota, USA, in June. IDEA is the world's leading organization in the field of district energy. During the IDEA 2025 Annual Conference, IDEA announced the reappointment of Bin Shafar as Member Emeritus on the Board of Directors of the Association for the seventh consecutive term. Accolades: Empower won three global awards at the IDEA 2025 Annual Conference and Trade Show. The company won two gold awards in the categories 'Total Number of Buildings Committed' & 'Total Building Area Committed' for district cooling services outside North America. Additionally, Empower received the prestigious 'Innovation Award Honorable Mention for District Cooling Plant Optimisation Using Machine Learning'. Moreover, the U.S. Green Building Council has awarded the Gold LEED (Leadership in Energy and Environmental Design) Certification to Empower's DLRC District Cooling Plant. The plant, with a production capacity of 47,000 RT, serves the Dubai Land Residence Complex. Empower received this certification after the DLRC district plant successfully met the Council's rigorous sustainability standards. This achievement further reinforces Empower's leadership in environmental protection and carbon footprint reduction, adding yet another prestigious recognition to its growing list of accomplishments. During the period, His Excellency Ahmad Bin Shafar was named among the 'Dubai 100,' Arabian Business's prestigious list of the most influential individuals shaping Dubai's future across sectors, including business, government, technology, and culture. This recognition highlights bin Shafar's remarkable contributions to advancing the district cooling sector and reinforcing Dubai's status as a global hub for green economy.

WEMA and TAQA Water Solutions Conclude High-Level Technical Visit to Denmark to Advance Sustainable Water Collaboration
WEMA and TAQA Water Solutions Conclude High-Level Technical Visit to Denmark to Advance Sustainable Water Collaboration

Mid East Info

time21-07-2025

  • Mid East Info

WEMA and TAQA Water Solutions Conclude High-Level Technical Visit to Denmark to Advance Sustainable Water Collaboration

The Visit creates opportunities for future partnerships in energy-efficient and circular water solutions Dubai, United Arab Emirates – July 2025 – As the Middle East accelerates efforts to address growing water scarcity, infrastructure resilience, and sustainability targets, the Water Efficiency Middle East Alliance (WEMA), supported by the Danish Trade Council, has successfully concluded a high-level technical visit to Denmark in collaboration with TAQA Water Solutions. The delegation brought together senior executives from TAQA Water Solutions and Danish water sector leaders to exchange practical, scalable solutions for wastewater reuse, circular economy models, and energy-efficient infrastructure. The visit comes at a pivotal moment, as countries across the GCC intensify investment in sustainable water strategies in line with national mandates such as the UAE Water Security Strategy 2036, Net Zero 2050, and Saudi Vision 2030. With a long track record in sustainable water practices and innovation, Denmark offers practical experience in areas such as wastewater reuse, stormwater resilience, and utility optimisation, areas increasingly relevant for the Middle East. With utilities under pressure to do more with less, this cross-border knowledge exchange reflects a growing commitment to embed innovation, efficiency, and resilience across regional water networks. 'This delegation was more than a visit, it was a strategic exchange of ideas, technology, and shared ambition,' said Astrid SC Nielsen, the Danish Trade Council, Dubai. 'TAQA Water Solutions' commitment to innovation, coupled with Denmark's decades of water expertise, are the seeds for impactful, long-term collaboration.' Highlights of the Visit: The delegation engaged with Danish utilities, water technology companies, and research institutions, including site visits and roundtable discussions hosted by WEMA members such as AguaGreen, Alfa Laval, Aquaterra, Grundfos, AVK, Danfoss, DHI, NIRAS, Sulfilogger, Watopi and Aarhus Vand. Key themes explored during these discussions included advanced wastewater reuse and sludge handling techniques, energy-efficient pumping and treatment technologies, data-driven smart water infrastructure for operational optimization, and innovative approaches to resource recovery and circular economy models. The program also included a dedicated session at BIOFOS Utility, Denmark's largest wastewater utility and Aarhus Water Utility, Denmark's second-largest utility, where practical case studies on sustainable operations and customer-centric water services were shared. Outcomes and Opportunities: The visit showed the potential for future technical cooperation and project development between TAQA Water Solutions and WEMA member companies. Several key areas were identified for follow-up collaboration, including feasibility assessments for Danish technologies in the region and joint exploration of potential projects to demonstrate impact and scalability. During the visit, TAQA Water Solutions highlighted key operational focus areas, such as innovating for increased energy efficiency, enhancing sludge handling, addressing large-scale pumping needs, and managing odour and infiltration issues, which present clear opportunities for targeted collaboration and innovation with WEMA member companies. 'At TAQA Water Solutions, we have experienced firsthand how innovation profoundly drives comprehensive sustainability. It extends far beyond merely securing vital water and energy systems; it is the fundamental cornerstone reinforcing a resilient circular economy. This strategic imperative ensures that every precious drop is meticulously collected, expertly treated, and purposefully reused, thereby setting new benchmarks for responsible resource management and ensuring a water-secure future,' said Eng. Ahmed Al Shamsi, CEO of TAQA Water Solutions. He added: 'As part of TAQA Group's commitment to providing energy and water to communities worldwide, TAQA Water Solutions drives sustainable development and secures global water resources through strategic investments and collaborative partnerships in markets of growth. This visit exemplifies this mission, evolving beyond a technical exchange, profoundly deepening our shared commitment to advancing sustainable water solutions globally. We are grateful for the generous knowledge-sharing and the invaluable opportunity to learn from a community that has seamlessly integrated sustainability into its daily life, underscoring our belief that innovation truly thrives through reciprocal collaboration.' A Shared Vision for Water Resilience: WEMA's ongoing role is to bridge Danish expertise with regional priorities, ensuring that proven solutions are tailored to support local policy frameworks, operational needs, and sustainability goals. This visit marked a significant milestone in the deepening relations between TAQA Water Solutions and WEMA following a high-level meeting in Abu Dhabi earlier this year, where opportunities for deeper collaboration were identified. The visit also builds on a longstanding relationship between WEMA and TAQA Water Solutions, through a series of joint workshops, feasibility studies, and knowledge exchange activities since 2021. As water demands intensify across the Middle East, partnerships like this are central to building future-ready water infrastructure. About WEMA: The Water Efficiency Middle East Alliance (WEMA) unites Danish expertise with regional decision-makers to pioneer sustainable water and wastewater solutions across the Middle East. Formed by the Danish Trade Council, WEMA aligns with strategic government initiatives, including Saudi Vision 2030 and the UAE Water Security Strategy 2036, to address the region's critical water challenges. Through partnerships, innovation, and knowledge sharing, WEMA fosters resilient, future-ready water systems that support long-term sustainability and regional water security. WEMA's members include industry leaders such as Grundfos, Alfa Laval, AVK, AquaTerra, Danfoss, AquaGreen, NIRAS, Watopi, and DHI Group, along with Aarhus Water Utility and knowledge partners like Ferskvandscentret and Water Valley. Together, they tackle critical water challenges to support long-term regional water security and sustainability, in line with UN SDGs 6 (Clean Water and Sanitation), 11 (Sustainable Cities and Communities), and 13 (Climate Action). Snapshot of WEMA's traction to date: Established in 2018, the Water Efficiency Middle East Alliance (WEMA) serves as a collaborative platform bridging expertise between Denmark and the Middle East to address critical water and energy challenges. Its efforts began with a pioneering feasibility study with SEWA, alongside technical visits and workshops with Dubai Municipality, laying the foundation for impactful partnerships. In 2021, WEMA partnered with Abu Dhabi Sewage Service Company (ADSSC), (now TAQA Water Solutions) during EXPO 2020 to host a collaborative workshop. In 2022, feasibility studies for both TAQA Water Solutions and Ras Al Khaimah Wastewater Agency (RAKWA) led to deeper engagements, while the first IFAT workshop in Munich brought together Saudi water utilities e.g. ENOWA and National Water Company to exchange knowledge and best practices. Delegations to Denmark further strengthened regional connections, enabling discussions on smart water innovations and sustainability. Most recently, WEMA formalized a partnership with Dubai Municipality ahead of COP28 and launched the Danish Middle East Water Academy to focus on capacity building and education. Ongoing collaborations with TAQA Water Solutions and RAKWA highlight WEMA's commitment to supporting the region's vision for sustainable water and energy development through actionable outcomes and enduring partnerships. In Saudi Arabia, WEMA and ENOWA have solidified their collaboration through an MoU, focusing on joint efforts in optimizing wastewater management. About TAQA Water Solutions: Headquartered in Abu Dhabi, TAQA Water Solutions, previously known as SWS Holding, is a leading company specialising in sustainable water solutions to transform one of our most valuable natural resources, contribute to sustainable economic development and improve the quality of life. As part of TAQA Group, TAQA Water Solutions has a focus on providing innovative solutions to manage water resources and is committed to delivering world-class solutions that meet the needs of industries and communities. Aligned with the UAE's commitment to the Net Zero by 2050 strategic initiative and to the United Nations SDGs, TAQA Water Solutions acts as a catalyst for promoting smart and sustainable growth through the power of collaboration, mainly B2B and G2G partnerships. TAQA Water Solutions is the sole entity behind all wastewater collection, treatment, and reuse in the Emirate. With over 1,334 million m3 collected daily through an extensive ~13,600 km network supported by over 260 pumping stations and 41 treatment plants, the company works towards reducing the pressure on natural water resources and promote sustainability and value creation.

BYD and Al-Futtaim Electric Mobility Sign Landmark MoU with Safeline Group to Accelerate Logistics Fleet Electrification in the UAE
BYD and Al-Futtaim Electric Mobility Sign Landmark MoU with Safeline Group to Accelerate Logistics Fleet Electrification in the UAE

Mid East Info

time12-07-2025

  • Mid East Info

BYD and Al-Futtaim Electric Mobility Sign Landmark MoU with Safeline Group to Accelerate Logistics Fleet Electrification in the UAE

Strategic Partnership Underscores Commitment to Sustainable Mobility and UAE's Net Zero Vision and Green Mobility Agenda Dubai, UAE – July 2025 – BYD, the world's leading producer of new energy vehicles (NEVs), today announced a significant Memorandum of Understanding (MoU) with Safeline Group, a prominent electrical and mechanical distribution leader in the UAE. This strategic agreement facilitated by Al-Futtaim Electric Mobility, a subsidiary of Al-Futtaim and a leader in advancing sustainable mobility solutions, will see Safeline Group acquire 12 all-electric BYD vehicles, marking a pivotal step in their comprehensive plan to transition their entire fleet from internal combustion engines (ICE) to electric vehicles. This collaboration also reinforces Al-Futtaim Electric Mobility's corporate leadership in accelerating electrification across logistics and B2B fleets, while strongly aligning with the UAE's ambitious sustainability goals. This landmark partnership represents a significant moment for both BYD and Safeline Group in advancing the UAE's sustainability and mobility ambitions. The initial deployment of 12 BYD electric vehicles lays the groundwork for Safeline's larger three-year electrification plan, underscoring their clear commitment to a greener future for logistics and distribution in the region. Safeline's decision to choose BYD for its advanced EV technology and robust regional support underscores BYD's position as a pioneering EV brand in the UAE. This move builds upon Safeline Group's existing commitment to electric mobility, as they already utilize battery-powered forklifts in their warehouse operations. The company also plans to assess commercial electric vehicles in the near future, aiming for a comprehensive shift to green transport across its entire operations, solidifying its position as a pioneer of green mobility in the trade and distribution sector. Dr. Aboobacker Kuttikol, Managing Director of Safeline Group, said: 'This partnership with Al-Futtaim is more than just a fleet upgrade. It symbolizes our unwavering commitment to sustainability and innovation. We have already integrated electric mobility into our warehouse operations through battery-powered forklifts, and this latest step demonstrates our ambition to extend that transformation across our entire fleet. As EV technology continues to evolve, we are also actively evaluating suitable electric options for our commercial vehicles to ensure a comprehensive shift to green transport.' On the significance of the partnership, Mohammad Kassem, Retail Director, BYD Al-Futtaim, added: 'This strategic alliance with Safeline Group exemplifies Al-Futtaim Electric Mobility's dedication to fostering a robust electrified mobility ecosystem in the UAE. We are committed to empowering businesses with the advanced EV solutions they need to achieve their sustainability objectives, and this partnership between Safeline Group and BYD is a prime example of how we are accelerating the transition to a cleaner, more sustainable transportation landscape.' Signed on July 2, the MoU aligns closely with the UAE's national sustainability goals, including the Net Zero 2050 aspirations and the broader green mobility agenda. t marks a transformative step away from traditional ICE vehicles, advancing Safeline Group's operations toward a cleaner, more sustainable future. About BYD: BYD is the leading global producer of new energy vehicles (NEVs), having sold an impressive 3 million NEVs worldwide in 2023 alone. As one of the most successful manufacturers of electric and plug-in hybrid vehicles worldwide, BYD is the only company to produce the full industrial supply chain of electric vehicles, including the batteries, electric motors, electronic controllers, and semiconductors. With successful operations in several advanced markets, including Europe, the USA, Japan, and Korea, and a dominant market share in China, BYD is now a firm favourite to lead the sustainable mobility transition of the GCC region. About Safeline Group: Safe Line Group, established in 2000 in Abu Dhabi, has grown into a leading regional distribution power house, multi-million-dollar company with a strong presence across the UAE, Saudi Arabia, Oman and India. Specializing in high-quality electrical and mechanical materials for power plants and oil fields, Safe Line offers a wide range of products including cables, cable accessories, earthing systems, switchgear, and lighting solutions. As an authorized distributor for globally recognized brands like ABB, Panasonic and Riyadh Cables, the company also boasts its product lines Topex in rubber cables, lighting, and cable accessories. With dedicated divisions for switchgear assembly (ASTA-certified), MEP contracting, and retail outlets across GCC, Safe Line continues to deliver reliable, end-to-end electrical solutions, true to its tagline, Electrifying Safely—while preparing to expand across the GCC. About Al-Futtaim Electric Mobility: Al-Futtaim Electric Mobility is a subsidiary of Al-Futtaim, dedicated to promoting and advancing sustainable mobility solutions in the UAE and across the Middle East. The division is focused on the distribution and sale of electric and hybrid vehicles, charging infrastructure, and related services. With a strong commitment to environmental sustainability, Al-Futtaim Electric Mobility aims to accelerate the adoption of electric and hybrid vehicles in the region, reducing the carbon footprint and promoting a cleaner and greener future. The company is the exclusive distributor of Polestar and BYD electric vehicles in the UAE, offering a range of models that cater to different needs and budgets. In addition to offering electric vehicles, Al-Futtaim Electric Mobility provides a comprehensive range of services that includes charging solutions, after-sales support, and financing options.

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