Tokenized EV Fleets Launch in Dubai

Polygon and Pyse Tokenize EV Fleets in Dubai, Plan India Expansion

• Polygon Labs partners with Pyse to tokenize electric delivery vehicles in Dubai.
• Each motorcycle is equipped with a data-gathering device collecting urban metrics.
• The Indian electric mobility sector is growing at 18% annually.
• Pyse’s framework allows fractional co-ownership of EV assets with revenue-sharing.
• The initiative aims to expand into India’s last-mile logistics and ride-hailing sectors.

Polygon Labs and Pyse have launched a project to tokenize electric motorcycles in Dubai, using blockchain for asset ownership and data collection. The initiative plans to expand into India’s rapidly growing electric vehicle market, focusing on last-mile logistics and ride-hailing services.