Dubai Taxi Company (DTC) announced today that it has secured 300 new taxi plates at the recent auction held by Dubai’s Roads and Transport Authority (RTA), further establishing itself as the largest taxi operator in the city.
This latest acquisition further brings DTC’s fleet to nearly 6,000 vehicles, boosting its market share to 46 percent and underscoring its dedication to meeting the rising demand for efficient and sustainable transportation in the emirate, fueled by strong population and economic growth.
The enlarged fleet, WAM reported, is anticipated to produce an additional AED100 million ($27.2 million) in annual revenue, highlighting the company’s strategy for fleet expansion and enhancement.
DTC has announced the acquisition of 300 new license plates in the latest auction conducted by the RTA in Dubai. This move reinforces DTC's leadership position as the largest taxi operator in Dubai, increasing its total fleet to 6,000 vehicles and raising its market share to 46%.… pic.twitter.com/delMtG6FVi
— DTC (@DTCUAE) September 13, 2024
Read more: Dubai taxi sector sets record with 114 million trips in 2023, 8 percent annual growth
Mansoor Rahma Al Falasi, the CEO of Dubai Taxi Company, indicated that in 2024, the fleet has expanded by approximately ten percent, now totaling nearly 9,000 vehicles across various segments, including taxis, limousines, buses, and motorcycles.
He emphasized that the company’s focus on growth, innovation, and customer-centric solutions reinforces its status as the leading transport operator in Dubai.
Regarding the new plates, he mentioned that 25 percent would be designated for electric taxis, highlighting the company’s commitment to sustainability. Moreover, this initiative is part of DTC’s strategy to transition toward innovative low-carbon mobility solutions and to support Dubai’s goal of achieving net-zero emissions by 2050.
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