back to top

Here’s how a Dubai startup is turning old cars into electric vehicles

Dubai-based entrepreneur Zack Faisal plans to turn petrol and diesel cars into fully electric vehicles at half the cost of new ones.

Peak Mobility, founded by Zack Faisal, has unveiled an innovative solution to convert petrol and diesel cars into electric vehicles without changing the body or chassis. The startup aims to extend the life of ageing vehicles, significantly reducing environmental impact while cutting costs by 30%. With a mission to tackle pollution and resource waste tied to new vehicle production, Zack introduced his concept at the recent Intelligent Transport Summit in Dubai.

The company’s flagship product, the Recar .03, offers a mileage of 300 km on a single charge. By using the same body and chassis, Peak Mobility claims to save 80% of the time required to manufacture a new car, effectively halving the cost and time of getting an electric vehicle on the road.

Not only does this solution address air pollution, but it also aligns with the UAE’s Net Zero campaign, aiming to slash air pollution by 23% in the next six years. With the commercial launch of Recars set for mid-next year, priced at 70,000 dirhams (Rs 15 lakhs).

As the third-generation leader of the PK Steels-Kef Holdings legacy, Zack Faisal plans to offer consumers a cost-effective and eco-friendly alternative to buying new cars.

Latest

Dubai’s Dh2 billion Trump Tower set to rise in Q2-2025

The highly anticipated Trump Tower in Dubai is gearing...

Google unveils chip that outpaces supercomputers by 10 septillion years

Google has announced a groundbreaking achievement in quantum computing with its new chip, "Willow," capable of solving problems in minutes that would take supercomputers an unimaginable 10 septillion years.

Airbus appoints Eid Al Qahtani to lead new regional headquarters in Saudi Arabia

Since the 1970s, Airbus has continuously expanded its footprint...

Gulf stock markets see gains, boosted by rising oil prices despite regional tensions

Gulf stock markets started Tuesday on a positive note,...
spot_img

Don't miss

National Life and General Insurance Company: Delivering value beyond insurance to customers

Oman’s largest insurer NLGIC is on course to become a regional multi-line, multi-country giant delivering value beyond insurance to the customers.

Economic growth in GCC to more than halve in 2023: World Bank report

However, the GCC growth will still outperform the wider Middle East and North Africa region, forecast to grow by 3% in 2023, down from 5.8% growth in 2022.

KitchenomiKs aims to transform on-demand food economy in Oman

KitchenomiKs cooks up dainty on-demand delicacies, tossing in emerging technologies, yummy multi-brand choices and seamless delivery.

AI central to UAE’s economic diversification, says COP28 President-Designate

AI will contribute to the UAE’s net zero strategic initiative by 2050 and help unlock advances in climate progress, says H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology.

Mrunal Khimji: ‘We owe it to the environment and future generations’

Meet the self-taught fashion designer who creates pieces that can be carried forward by generations. And be confident to repeat your clothes.
spot_imgspot_img

Kia launches Kia EV5 in Morocco

Dubai, United Arab Emirates, August 27, 2024: Kia Middle East and Africa announces the official regional launch of the Kia EV5, held in Rabat,...

Bentley thrives as super-rich embrace unprecedented levels of personalization amid economic struggles

Luxury carmaker Bentley has defied economic odds, reporting staggering profits and soaring demand for personalized vehicles amidst global financial challenges.

Volvo returns to Oman with OMASCO

Leading automotive dealership gets set to redefine driving on Oman’s roads with Volvo’s iconic personalised, safe, and sustainable journeys.