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Craving a Tesla ride? Rent it out on a sharing basis with free fuel and parking

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Dubai – MOTOR, the electric vehicle car-sharing platform, has announced its launch in the UAE. As a part of its mission to reduce the region’s carbon footprint through responsible transportation, MOTOR provides access to world-leading electric vehicles (EVs) such as the Tesla range through its car-sharing platform, Motor SHARE, which offers users short and long-term options at affordable prices.

With fuel costs on the rise around the world alongside 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 electric alternatives by 2030, has seen a substantial increase in demand for electric vehicles across the Emirates.

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

In addition to accessing features of leading EVs state-of-the-art technology and design, the MOTOR Share app offers advanced features, including the option to cool the car ahead and during rides. Additional AI features will also soon be rolled out, including a ‘safety score’, which will reward safe drivers and warn drivers at risk.

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The MOTOR Share platform offers car-sharing opportunities for consumers, who can enjoy the flexibility of renting a vehicle by the hour or for up to two years. Moreover, consumers also have the option to display their owned vehicles on the platform.

Businesses who utilise the platform will benefit from many efficiencies, allowing companies to aggregate car rentals into one platform thanks to custom mobility solutions, providing a flexible opportunity to increase their car rentals’ own fleet utilisation.

Hamad Al Mazrooei, Co-Founder of MOTOR, said: “As the UAE moves towards reinforcing 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. Our goal at MOTOR is not only to further accelerate the sustainable transition to EVs, but we also want to make sustainable mobility more accessible, affordable, and flexible.”

Following the launch of its EV sharing platform, MOTOR aims to roll out its EV subscription service and a charging network by the end of 2022. Moreover, the platform plans to roll out a sustainable driving award points system aimed at unlocking rides and discounts.

Journalist for 25 years with leading publications in India and UAE such as The National, Mumbai Mirror, DNA, Indian Express and former Sports Editor of eIndia.com. Now managing editor of Headline.ae, part of MEMc (https://www.memc.co)

Announcements

UAE fuel prices announced for March 2024

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The Fuel Prices Monitoring Committee has given the green light for an increase in gasoline and diesel prices for March 2024. The approved hike ranges between 15 and 16 fils per liter for gasoline and 17 fils for diesel, compared to February 2024 prices.

Fuel distribution companies have promptly announced the new prices, effective from Friday, March 1, 2024. The updated pricing includes a 5% value-added tax.

Specifically, the price per liter of super gasoline “98” is set to rise by 15 fils, reaching 3.03 dirhams in March, up from 2.88 dirhams in February. Special gasoline “95” will see an increase of 16 fils, from 2.76 dirhams to 2.92 dirhams, while E-Plus 91 gasoline will climb by 16 fils, reaching 2.85 dirhams from 2.69 dirhams. Additionally, the price of diesel will experience a 17 fils per liter hike, escalating from 2.99 dirhams in February to 3.16 dirhams in March.

This decision follows three consecutive monthly reductions in gasoline and diesel prices approved by the committee for January 2024. The reduction ranged between 13 and 14 fils for gasoline and 19 fils for diesel per liter compared to December 2023 prices.

Notably, the Ministry of Energy’s approved fuel price standards are subject to monthly adjustments based on the global average oil price, incorporating distribution companies’ operating costs.

New fuel prices are:

-Super 98 petrol will cost Dh3.03 a litre, compared to Dh2.88 in February.

-Special 95 petrol will cost Dh2.92 per litre, compared to Dh2.76 last month.

-E-Plus 91 petrol will cost Dh2.85 a litre, compared to Dh2.69 a litre in February.

-Diesel will be charged at Dh3.16 a litre compared to Dh2.99 last month.

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Luxury cars showroom opens in Dubai for premium motorists

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A new car showroom dedicated to luxury supercars has opened near the Equiti metro station on the busy Sheikh Zayed Road, Dubai.

Set up by the accomplished automobile stalwart Sarabdeep Singh Bassi with his Man Friday Walid Al Balushi, the showroom opening witnessed a range of Lamborghinis, Ferraris, McLarens, Mercedes and Bentleys along with some top options in the Land Rover range as well for a rich sampling of the showroom’s USP. The inauguration ceremony was graced by UAE businessman and SJM Group chairman Sheikh Juma bin Maktoum bin Juma Al Maktoum as the chief guest.

Bassi is a veteran of Dubai’s automobile circuit with showrooms for used and mid-range cars in three emirates – Dubai, Sharjah and Abu Dhabi – since 2004 when he landed from the United States, where too he operated in the similar industry but around trucks and transport for a brief while.

According to Balushi, now is as good time as any to have a cars showroom for the upper echelons of the society. “Our Emirati folks are always a keen, regular market, but we also see a lot of Russians and people from the adjoining regions looking up high-end cars.”

An attendee poses in front of a grey McLaren and red Ferrari at the Oscar Cars showroom in Dubai. Photos Joy Dasgupta / Headline.ae

This showroom is the latest addition to their Advantage Motors brand which deals in mid-range levels of cars in the three emirates.

“Already the response is very good,” Bassi said on the sidelines of the inauguration ceremony amid much fanfare. “We have more expansion plans like opening other automotive businesses after this. Our customers are from all over UAE and from other countries as well like Russia, Middle East countries, China, All Over Africa, and others. We are also promoting electric vehicles sale which are environment friendly.”

The vast showroom on the Sheikh Zayed Road, diagnonally across the Mall of Emirates, is laid out over 7,000 square feet and separate parking, with the best of knowledgeable staff at hand to help buy and sell the cars, along with other services like buying premium number plates, etc.

 

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UAE sees upward surge in fuel prices for September

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The UAE has announced its fuel prices for September, following its usual practice of monthly revisions. The new rates will apply from September 1 and are as follows:

-Super 98 petrol will cost Dh3.42 a litre, compared to Dh3.14 in August.

-Special 95 petrol will cost Dh3.31 per litre, compared to Dh3.02 last month.

-E-Plus 91 petrol will cost Dh3.23 a litre, compared to Dh2.95 a litre in August.

-Diesel will be charged at Dh3.40 a litre compared to Dh2.95 last month.

After a similar rise in July, petrol prices in the country increased during August. Over the past year, prices have displayed fluctuations, yet they remain notably lower than those of the same period last year.

Take a Quick Look: Fuel Prices Throughout the Year

Months/2023Special 95Super 98E-Plus 91
JanuaryDh2.67Dh2.78Dh2.59
FebruaryDh2.93Dh3.05Dh2.86
MarchDh2.97Dh3.09Dh2.90
AprilDh2.90Dh3.01Dh2.82
MayDh3.05Dh3.16Dh2.97
JuneDh2.84Dh2.95Dh2.76
JulyDh2.89Dh3Dh2.81
AugustDh3.02Dh3.14Dh2.95

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