Zach Faizal's Peec Mobility, BEEAH, SRTIP forge partnership for sustainable mobility in Sharjah
In a groundbreaking move toward sustainable transportation, BEEAH has officially entered into a strategic partnership with Peec Mobility and the Sharjah Research, Technology and Innovation Park (SRTIP). The collaboration aims to revolutionize local electric vehicle production by repurposing end-of-life petrol vehicles, fostering recycling practices to support a circular economy, and driving research and skill development in the burgeoning field of sustainable mobility.
The partnership agreement, signed at the BEEAH Headquarters, saw the participation of key figures, including Her Excellency Sheikha Bodour bint Sultan Al Qasimi, President of the American University of Sharjah and Chairperson of SRTIP; Khaled Al Huraimel, Group CEO of BEEAH; Zach Faizal, Founder of Peec Mobility; and HE Hussain Al Mahmoudi, CEO of SRTIP.
Zach Faizal's brainchild, Peec Mobility, has been at the forefront of innovation since its inception in 2022. The Dubai-based startup specializes in the repurposing of retired petrol vehicles, seamlessly transforming them into electric vehicles with a remarkable 30% cost reduction and an 80% decrease in manufacturing time compared to the production of new electric vehicles.
Faizal, a 24-year-old entrepreneur, envisions Peec Mobility's technology as a game-changer for the region. He emphasizes that their re-engineering process offers a more cost-effective, quicker, and environmentally friendly transition to electric mobility than investing in entirely new electric vehicles.
"Today, re-engineering is quicker, smoother, and greener than buying new EVs, and proves cost-efficient," Faizal stated during the announcement. "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," he added.
Peec Mobility's focus extends beyond individual cars, with ambitious plans to repurpose entire fleets of ICE buses, cars, and trucks on UAE roads. Faizal believes in the efficacy of reusing existing vehicles, stating that "waste is minimized, and a new life cycle begins."
The partnership seeks to support Sharjah’s transition to sustainable mobility while minimizing the environmental impact of the production and repurposing processes. The overarching goal is to contribute to national and global objectives for zero-waste, circularity, sustainable transport, and decarbonization.
Zach Faizal expressed his commitment to the cause, stating, "Conversion is the most pragmatic route to Net-Zero. Once we succeed with our business strategy here, we will take it to other countries to redefine the used-car market."
As part of the collaboration, Peec Mobility and its partners plan to unveil the first lineup of repurposed mid-sized sedans and buses at the UN Climate Change Conference, showcasing the innovative technology and commitment to sustainable practices.
With the support of the government, Peec Mobility aims to implement the conversion at scale, creating a replicable model not only for the UAE but potentially for other countries. Faizal proposes a policy to repurpose 5.0% of existing vehicles on the road annually for the next seven years, aligning with the UAE's Net Zero goal.
As of now, Peec Mobility is on track to introduce at least 500 repurposed EVs on Dubai roads by 2024, offering a tangible solution to the affordability challenge associated with electric vehicles.
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.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
London, Nov 22: A bomb disposal squad deployed as a “precaution” to the South Terminal of Gatwick Airport concluded an investigation into a "security incident" on Friday after making a “suspect package” safe.
The South Terminal of Gatwick Airport, the UK's second busiest airport after Heathrow, which was briefly shut owing to the incident reopened following the incident.
The Gatwick is around 45 km south of London.
Two people detained during the enquiries have since been allowed to continue their journey as the airport was opened.
“Police have concluded their investigation into a report of a suspect package at Gatwick Airport. Officers from the EOD (Explosive Ordnance Disposal) team made the package safe, and the airport has been handed back to its operator,” Sussex Police said in an updated statement.
“Two people detained while enquiries were ongoing have subsequently been allowed to continue their journeys. There will remain an increased police presence in the area to assist with passengers accessing the South Terminal for onward travel,” the statement added.
Earlier on Friday, the incident caused severe disruption at the busy airport’s South Terminal, while the North Terminal of Gatwick Airport remained unaffected.
“Police were called to the South Terminal at Gatwick Airport at 8.20 am on Friday (November 22) following the discovery of a suspected prohibited item in luggage,” a Sussex Police statement said.
“To ensure the safety of the public, staff and other airport users, a security cordon has been put in place whilst the matter is dealt with. As a precaution, an EOD (Explosive Ordnance Disposal) team is being deployed to the airport. This is causing significant disruption and some roads around the South Terminal have been closed. We’d advise the public to avoid the area where possible,” it said.
Footage on social media taken outside the airport showed crowds of frustrated travellers being moved away from the terminal building.
Gatwick said it was working hard to resolve the issue.
“A large part of the South Terminal has been evacuated as a precaution while we continue to investigate a security incident," the airport said in a social media post.
“Passengers will not be able to enter the South Terminal while this is ongoing. The safety and security of our passengers and staff remain our top priority. We are working hard to resolve the issue as quickly as possible.”
Train and bus services that serve the airport were also impacted while the police carried out their inquiries.
In an unrelated incident in south London on Friday morning, the US Embassy area in Nine Elms by the River Thames was the scene of a controlled explosion by Scotland Yard dealing with what they believe may have been a “hoax device”.
“We can confirm the 'loud bang' reported in the area a short time ago was a controlled explosion carried out by officers,” the Metropolitan Police said in a post on X.
“Initial indications are that the item was a hoax device. An investigation will now follow. Some cordons will remain in place for the time being but the majority of the police response will now be stood down,” it added.
