Meer Group of Investment (MGI), a Dubai-based leader in investing in innovative solutions, is proud to announce the launch of MGI Electric, a groundbreaking initiative aimed at revolutionizing the last-mile delivery sector in the GCC. This strategic move aligns with the UAE government’s vision for a greener future as outlined in Vision 2030, while other countries to follow suit.
The UAE currently boasts an impressive 124,000 commercial bikes, with approximately 92,000 registered in Dubai alone. The market for last-mile delivery is booming, driven by the need for efficient and sustainable delivery solutions.
Leading British-Pakistani business icon Shakeel Ahmed Meer, Chairman of Meer Group of Investment, has dedicated over half a decade of his time, effort, research, and millions of dollars in developing a plan for a better tomorrow. His commitment to innovation and sustainability has culminated in the launch of MGI Electric.
MGI Electric stands out as one of the region’s pioneers with its RTA-approved EV delivery bike. With a goal to deploy 35,000 EV-bikes in the next 5 to 6 years in the GCC countrues, MGI plans to capture a significant portion of the market. Each EV-bike boasts an extended range on a single charge, providing a practical and eco-friendly solution for last-mile delivery.
This launch is a significant step towards a sustainable future, in line with the regions vision for a green future. MGI Electric is set to lead the charge in transforming the logistics landscape, offering unparalleled efficiency and environmental benefits.