22.9 C
Dubai
Wednesday, December 6, 2023
spot_img

Emirates News Agency – ADDED partners with Valeo to establish automotive technology center in Abu Dhabi

[ad_1]

ABU DHABI, 17th June, 2023 (WAM) — The Abu Dhabi Department of Economic Development, ADDED, has partnered with Valeo to develop the automotive industry by establishing a technology center in Abu Dhabi to manufacture autonomous and Electric vehicle components. The center will develop industrial solutions to support local electric vehicle start-ups in Abu Dhabi and collaborate with local Startups Electric Vehicle Company.

Valeo plans to combine its advanced technology with the sustainable development vision of green cities to explore new areas of development.

The agreement to design and manufacture components for electric and autonomous vehicles will improve smart and sustainable mobility and contribute to the development of the transport sector, which is part of the Abu Dhabi Industrial Strategy (ADIS) and its initiatives (including Industry 4.0′) Innovative technologies driving Abu Dhabi’s transformation to a smart, circular and sustainable economy, one of the targeted sub-sectors.

Rashed Abdulkarim Al Blooshi, Undersecretary of ADDED, attended the signing ceremony of the agreement, which was signed by Arafat Al Yafei, Executive Director of the Industrial Development Board (IDB), ADDED’s branch for the development of the industrial sector in Abu Dhabi, and Deputy Director of the Group Technology Center. Tamer Aly, President and General Manager of Valeo Egypt, in Abu Dhabi.

Arafat Al Yafei, Executive Director of the Industrial Development Board (IDB), said: “We look forward to taking action with Valeo on this agreement as part of our ongoing efforts to achieve the ambitious goals of the Abu Dhabi Industrial Strategy (ADIS). Abu Dhabi’s collaboration to develop smart mobility and establish a technology hub for electric and autonomous vehicle components is in line with our move to ensure growth, sustainability and advanced technology go hand in hand in all aspects of our socio-economic development”

Tamer Aly said: “I am very pleased with the signing of this MoU, which allows Valeo, a market leader in the design and production of high-tech automotive components for autonomous and electric vehicles, to have a presence in Abu Dhabi, leveraging their components and technology to respond to the growing automotive industry in Abu Dhabi and transfer this experience to Abu Dhabi’s high-tech and advanced education society.”

[ad_2]

Source link

Related Articles

Abu Dhabi Police Set Strict Guidelines for UAE National Day Celebrations: Dh2,000 Fine and 23 Black Points for Violating 10 Traffic Rules.

As the UAE National Day celebrations approach, the Abu Dhabi Police have released a set of traffic rules for the weekend festivities. Motorists are...

Discover the Stories of Three Zayed Sustainability Prize Finalists Fighting to Transform the World

Launched in 2008 to honor the legacy of Sheikh Zayed bin Sultan Al Nahyan, the Zayed Sustainability Prize is set to announce this year's...

Witness: Abu Dhabi Unveils Hydrogen-Fueled City Bus with Zero Emissions

China-based technology company Wisdom Motor is gearing up to introduce its custom-designed hydrogen-powered city buses to Abu Dhabi through a collaboration with the Integrated...

Abu Dhabi Greenlights AED 7.6 Billion Housing Package Benefiting Over 5,600 Emiratis

Housing Package On Wednesday, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive...

Prohibition of Entry for Certain Vehicles into Abu Dhabi for a Three-Day Period

On Wednesday, the Integrated Transport Centre implemented a temporary ban on specific vehicles entering Abu Dhabi. This ban primarily targets heavy vehicles, including trucks...

Latest Articles