24-year-old Zach Faizal unveils UAE’s first home-grown petrol-to-electric repurposed vehicle
Zach promises to deliver repurposed car at almost half cost of new EV
Abu Dhabi: In a major breakthrough on the sidelines of COP28, Dubai-based start-up Peec Mobility is set to debut the UAE's first home-grown petrol-to-electric repurposed vehicle. Founded by 24-year-old entrepreneur Zach Faizal in 2022, Peec Mobility's innovative technology promises to play a pivotal role in reducing carbon emissions on UAE roads and aligning with the nation's Net-Zero goals.
The technology developed by Peec Mobility is a cost-effective alternative to mass scrapping of existing internal combustion engine (ICE) vehicle fleets. By repurposing retired petrol vehicles while retaining their body and chassis, the start-up aims to transform them into electric vehicles with a 30% lower cost and an 80% reduction in manufacturing time compared to producing new electric vehicles.
Zach Faizal, the visionary behind Peec Mobility, envisions this technology as a game-changer for the Middle East region. He emphasizes that re-engineering offers a quicker, smoother, and greener transition to electric mobility than purchasing new electric vehicles. Faizal's promise is to deliver repurposed cars at nearly half the cost of new electric vehicles, making them more accessible to a wider audience.
“Today, re-engineering is quicker, smoother and greener than buying new EVs, and proves cost-efficient,” said Zach Faizal, who promises to deliver a repurposed car at almost half the cost of a new EV. “For instance, an average electric car on the market is priced at around $52,000. Peec’s vehicles are aimed to be priced at 30 per cent to 50 per cent lower with the volumes we’re looking at. Thus solving the affordability challenge in the sector,” Zach Faizal was quoted as saying by Khaleej Times.
Peec Mobility's focus extends beyond individual cars, with an ambitious plan to repurpose entire fleets of ICE buses, cars, and trucks on UAE roads. Zach Faizal believes in the efficacy of reusing existing vehicles, emphasizing that "waste is minimized, and a new life cycle begins."
The start-up's first line-up of reinvented mid-sized sedans and buses, featuring a smart paint job, Flyknit-style upholstery, and retrofitted home-designed electric engines, will be unveiled at the ongoing UN Climate Change Conference.
Zach Faizal aims to collaborate with the government to implement this conversion at scale and create a replicable model from the UAE to the world. Zach Faizal aspires to support the UAE Net Zero goal by reducing 23% of emissions from the transportation sector by 2030. He proposes implementing a policy to repurpose just 5.0% of existing vehicles on the road every year for the next seven years.
Peec Mobility's plan is not limited to the UAE; Zach Faizal envisions taking the conversion model to other countries, redefining the used-car market globally. Recognizing that setting up local ReFactories is a key strategy to reduce capital expenditure in the short term, Zach Faizal believes it is crucial to invest less in the capex of vehicles until 2030. The goal is to prioritize building a robust charging infrastructure globally, paving the way for heavy manufacturing plants and gigafactories in the future.
“Conversion is the most pragmatic route to Net-Zero. One we can succeed with our business strategy here, we will take it to other countries to redefine the used-car market,” said Zach Faizal.
As of now, Peec Mobility is on track to unveil at least 500 repurposed EVs operating on Dubai roads by 2024.
“The number one limiting factor to electric vehicle adoption is the lack of charging infrastructure, not the vehicles themselves. Our strategy and goal is to work with governments and bring awareness of the idea, until 2030, of investing less in the capex of the vehicles (repurpose them) and invest the bigger amount in charging infrastructure. And once by 2030, we have a robust charging infra globally, we can move into heavy manufacturing plants and gigafactories.” He further added.
Zach Faizal is the son of Faizal Kottikollon and Shabana Faizal, a well-known Indian entrepreneur couple based in the UAE. The couple is not only known for their business endeavors but also for their philanthropic contributions.
Shabana hails from Mangaluru in the Karnataka state of India. She is the only daughter of prominent businessman and socio-religious leader Late B Ahmed Haji Mohiudeen who founded the prestigious BA Group of Businesses in Thumbay near Mangaluru.
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Krunal's rare IPL fifty helps RCB beat DC and extend unbeaten away run
RCB jump to top of IPL 2025 points table
New Delhi, Apr 27 (PTI): Krunal Pandya recorded his first fifty in IPL since 2016, helping Royal Challengers Bengaluru pull off a six-wicket win over Delhi Capitals on a challenging Feroz Shah Kotla track here on Sunday.
Krunal (73 not out of 47 balls), who has part of every IPL season since his debut in 2016, paced his innings perfectly while batting alongside chase master Virat Kohli (51 off 47).
The duo shared a 119-run stand off 84 balls as RCB chased down 163 in 18.3 overs to extend their unbeaten run away from home.
RCB bowlers put a squeeze on Delhi Capitals in the middle overs through Josh Hazlewood and the spinners to limit the home team to 162 for six.
For RCB, it was their seventh win in 10 games while DC suffered only their third loss in nine matches. Both teams are on course to make the play-offs.
At 26 for three, RCB felt the heat before Krunal and Kohli bailed them out.
In his maiden season for RCB, Krunal has made valuable contributions with both bat and ball.
On Sunday night, Kohli played the perfect anchor as Krunal came up with timely hits on a difficult surface to deliver a fine win for his team. His straight hit through the line off Mukesh Kumar and an aerial drive over cover off the wily Kuldeep Yadav stood out among his four sixes.
Kohli's consistency has been remarkable this season and the knock against DC was his sixth 50-plus score in 10 innings. The highlight of his solid effort was the straight drive off Mitchell Starc.
The night, however, belonged to Krunal who collected only his second 50-plus score in 116 IPL innings.
Earlier, K L Rahul (41 off 39 balls) was the top-scorer for DC but it was Tristian Stubbs (34 off 18 balls) who helped the hosts post a fighting total.
RCB put the opposition in to bat, expecting better batting conditions during the run chase.
Faf du Plessis (22 off 26 balls) returned from injury to join Abhishek Porel (28 off 11) at the top of the order but it was the latter who ensured DC reached 52 for two in the powerplay.
The southpaw, who has been in fine form this season, came up with a couple of sizzling sixes in his entertaining cameo. Both came off Bhuvneshwar Kumar -- one was a left-handed hit over mid-wicket and the second was a pick-up shot over fine leg.
As veteran du Plessis struggled to get going at the other end, Porel found the ropes with relative ease.
Lead RCB pacer Hazlewood, who has been relentless with his hard lengths, took three balls to get the breakthrough as he cramped Porel to have him caught behind down the leg side.
Karun Nair, who began with a short arm pull off Hazlewood for a boundary, played an ordinary shot off Yash Dayal in the following over and his mishit was pouched at mid-wicket.
The spinners got into operation after the powerplay and overs 7-10 was the phase when RCB were able to stem the flow of runs, conceding just 20 runs off the four overs from Suyash Sharma and Krunal Pandya, who got rid of du Plessis in that period.
It was only towards the end of the innings that DC managed to get some momentum, all thanks to the blitzkrieg from Stubbs.
The 18th and 19th over from Hazlewood and Dayal yielded 17 and 19 runs, enabling DC to cross the 160-run mark.
Brief Scores:
Delhi Capitals: 162 for 8 in 20 overs (KL Rahul 41; Bhuveshwar Kumar 3/33).
Royal Challengers Bengaluru: 165 for 4 in 18.3 overs (Krunal Pandya 73, Virat Kohli 51; Axar Patel 2/19).
