33.8 C
Dubai
Tuesday, November 5, 2024
spot_img

Top EV maker NWTN to set up production line in Abu Dhabi

[ad_1]

NWTN, an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world, has signed an agreement with the Abu Dhabi Department of Economic Development (DED) to build an integrated road in the emirate in accordance with the highest international standards. production line.

Under the deal, its main subsidiary, NWTN Technologies Industries, will bring passenger-focused, green and premium mobility solutions to the emirate and expand its presence across the region.

The agreement with DED Abu Dhabi will help strengthen cooperation and contribute to the development of the emirate’s automotive industry.

Arafat Al Yafei, Executive Director Engineer, said: “This agreement with NWTN is part of our efforts to enhance Abu Dhabi’s competitiveness, equip people with the necessary skills and develop the automotive industry in line with Abu Dhabi’s industrial strategic goals. and the transportation industry’s efforts.” Industrial Development Board, DED.

“As talent development is our top priority, we are delighted to partner with NWTN to train and create new opportunities for UAE talent and drive innovation in the industrial sector. We believe this initiative will help attract new quality investment and Benefit from the growth opportunities in Abu Dhabi’s manufacturing industry,” he said.

Regarding the partnership, NWTN Automotive President Paul Lin said: “We are excited about the prospect of expanding our presence in Abu Dhabi and contributing to the development of the automotive industry.”

“This partnership is in line with our commitment to local talent development and technological advancement,” Lim said.

The MOU is valid for two years with the option of renewal for both parties.

“Within the framework of the agreement, DED is committed to cooperating and coordinating to design a streamlined working system that will simplify, facilitate and strengthen the necessary procedures for NWTN to obtain industrial licenses,” Al Yafei said.

“The DED will ensure that these procedures meet the required technical, organizational and procedural standards,” he added.

Copyright 2022 Al Hilal Publishing and Marketing Group Courtesy of SyndiGate Media Inc. (Syndigate.info).

[ad_2]

Source link

Related Articles

ADNOC Unveils Cutting-Edge AI Program: Transforming Efficiency and Innovation in Energy

ADNOC unveiling of its AI program marks a significant step forward in the digital transformation of the energy industry. Abu Dhabi National Oil Company (ADNOC)...

ADIPEC 2024 Unites Global Leaders in Abu Dhabi to Shape a Sustainable Energy Revolution

ADIPEC 2024 Ignites a Bold Vision for UAE’s Sustainable Energy Future: Global Leaders Unite in Abu Dhabi to Drive Innovation and Shape a Greener...

From Vision to Reality How Harshit Aggarwal’s Novamax Industries is Redefining Cooling Solutions

In the fast-evolving world of startups, where passion meets perseverance, Harshit Aggarwal has carved out an impressive path with Novamax Industries LLP. Founded in...

The Journey of Berrylush: A Story of Passion, Perseverance, and Purpose

In 2018, Berrylush was born from the shared vision of two IIM graduates, AnushaChandrashekar and Alok Paul, who saw a glaring gap in the...

TicketRoot Revolutionizing Event Management with Tech-Driven Solutions

In the dynamic landscape of event management, TicketRoot has emerged as a leading platform, streamlining the entire process for organizers—from ticketing to on-site logistics....

Latest Articles