Dubai, the gleaming jewel of the United Arab Emirates, is not just about towering skyscrapers and extravagant malls; it’s also embracing a green revolution with open arms. One of the latest manifestations of this eco-conscious drive is the provision of special parking spaces exclusively reserved for electric vehicles (EVs). Painted in a vibrant shade of green, these parking spots are not just your average asphalt patches; they are symbols of Dubai’s commitment to sustainability and innovation.
Green Zones, Where EVs Reign Supreme
Parkin Company PJSC, the largest provider of paid parking facilities and services in #Dubai, announces its intention to float on the Dubai Financial Market. @ParkinUAE | @DFMalerts pic.twitter.com/aEYW5vZo2c
— Dubai Media Office (@DXBMediaOffice) February 27, 2024
Picture this: you’re cruising down the bustling streets of Dubai in your shiny electric car, and suddenly, like a beacon of hope in a concrete jungle, you spot a green parking space. It’s not just any parking spot; it’s your VIP ticket to guilt-free parking. But hold your horses, fellow motorists, because these green havens come with rules. You’ve got a maximum of four hours to bask in the glory of guilt-free parking before you’re gently nudged to make way for the next eco-warrior.
DEWA supports the UAE’s goals to provide a national grid of electric vehicle (EVs) charging stations, equipped with the latest technologies to reduce charging time, and enhance the EV infrastructure. This supports the transition towards the green mobility system. #DEWANEWS pic.twitter.com/N2O57SkLf1
— DEWA | Official Page (@DEWAOfficial) December 10, 2023
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Monetising The Momentum
Parkin Company PJSC, the largest provider of paid parking facilities and services in #Dubai, announces its intention to float on the Dubai Financial Market:
– 749,700,000 shares each with a nominal value of AED 0.02 will be made available in the Offering, representing 24.99% of… pic.twitter.com/i63Yp7so9R
— Dubai Media Office (@DXBMediaOffice) February 27, 2024
Enter Parkin, the unsung hero behind Dubai’s parking scene. With a whopping 197,000 parking spaces under its belt, Parkin isn’t just sitting back and watching the EV revolution unfold. Collaborating with the Roads and Transport Authority (RTA) and the Dubai Electricity and Water Authority (Dewa), Parkin is on a mission to turn parking into profit in the EV sector. But how, you ask? Well, imagine a world where every electric mile earns a dime – that’s the tantalising prospect Parkin is exploring.
In a city where digital dominance reigns supreme, Parkin is leading the charge with a staggering 90 per cent of transactions done digitally. From parking meters to WhatsApp payments, they’ve got it all covered. But their ambitions don’t stop at public spaces; they’re eyeing up privately owned developments too. So, whether you’re zipping through a mall or jetting off from the airport, rest assured, that Parkin has your parking needs sorted. Dubai’s green parking revolution is not just about saving the planet; it’s about paving the way for a brighter, greener future, one parking space at a time.
Cover Image Courtesy: DEWA/ X
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