Dubai Taxi Company has announced that it had been awarded 300 new plates at the latest Dubai's Roads and Transport Authority (RTA) auction, solidifying its position as Dubai's largest taxi operator.
The award takes DTC's taxi fleet to almost 6,000 vehicles, increasing its taxi market share to 46 per cent and demonstrating its commitment to serving the growing demand for sustainable and efficient transport in the emirate, driven by robust population and economic growth.
The expanded fleet is expected to generate an additional AED100 million in annual revenues.
CEO of Dubai Taxi Company, Mansoor Rahma Al Falasi, commented, "The award of 300 new plates is a key part of DTC's fleet expansion strategy. In 2024 our fleet has grown by approximately 10 per cent, reaching nearly 9,000 vehicles across all our segments, which include taxis, limousines, buses, and motorcycles.
Of the 300 new plates, 25 per cent will be allocated to electric taxis, underlining the company's commitment to sustainability, he noted. "This move is part of the company's strategy to transition towards innovative low carbon mobility solutions and support Dubai's net zero emissions target by 2050."