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NWTN, an environmentally conscious mobility technology company developing passenger-centric, green and premium mobility solutions, has announced significant progress at two key facilities in Abu Dhabi, UAE and Jinhua, Zhejiang, China.
NWTN completed construction of its electric vehicle (EV) assembly facility in Abu Dhabi in late 2022 and has since been in the final stages of installing equipment and conducting trial runs.
The factory has now received a license for the production and sale of electric vehicles from the UAE government, the first license issued by Abu Dhabi. NWTN is now ready to implement its EV blueprint in the UAE and Middle East.
Meanwhile, NWTN’s first component and supply chain facility in Jinhua has been under rapid construction since September 2022. At this point, much of the workshop infrastructure, including stamping, welding and painting, is in the final stages of construction, with completion expected in the second half of 2023.
As the first UAE electric vehicle company listed on the NASDAQ stock market, NWTN has received strong financial and policy support from the local government.
NWTN’s plant in Abu Dhabi is its first electric vehicle assembly plant in the UAE and is located in the Khalifa Economic Zone (Kezad) of Abu Dhabi. Covering an area of ​​about 270,000 square feet, construction will start in October 2022 and be completed by the end of December 2022. At present, the production line is nearing completion, and New World Pastoral is cooperating with BASF on paint surface repair and manufacturing safety training.
The Kezad factory is nearing completion of ISO 9001, ISO 14001 and ISO 45001 certification, which represents a commitment to high standards of quality management, environmental management and safety management. When the facility is fully operational, NWTN will seek to meet the rapidly growing demand for electric vehicles in the UAE and the Middle East, promote green mobility and accelerate the UAE’s sustainable energy transition, the company said.
While actively preparing for localized production in the UAE, NWTN is also integrating advanced technology and supply chain systems globally to meet its development needs. As of September 20, 2022, NWTN’s components and supply chain factories in China cover an area of ​​approximately 4 million square feet, with a total investment of US$1.46 billion. After commissioning, the plant is expected to achieve an annual production capacity of 100,000 electric vehicles. The factory is one of the key projects in China’s Zhejiang province and the first high-end manufacturing project in the Jinyi New District of Jinhua City, with an investment of more than 10 billion yuan (approximately US$1.4 billion).
The Jinhua factory will soon enter the final stages of equipment design and manufacturing. After the workshop is expected to be completed in the second half of 2023, equipment installation and commissioning will begin as planned. The facility has also recruited staff, with the goal of completing professional training for all personnel by the end of 2023. The dormitories and dining halls on campus are nearly half complete and will provide high-quality logistical support for staff, the company said.
According to the current plan, NWTN’s Jinhua factory is expected to be completed by the end of December 2023, trial production is expected to start at the end of February 2024, and mass production of components will begin in the second half of 2024.
“NWTN’s factory construction in Abu Dhabi, UAE and Jinhua, Zhejiang, China shows that this UAE-based company is progressing well. Thanks to the UAE’s unique capital and location advantages and the opportunity to take advantage of the advanced supply chain system in China, NWTN believes it It has the potential to become a dazzling pearl in the global new energy industry chain,” the company said. – trade arab news agency
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