28 C
Dubai
Saturday, May 17, 2025
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.

[ad_2]

Source link

Related Articles

Mavent Restructuring Services LLP: Reinventing the Future of Corporate Turnaround

In a world where businesses are constantly navigating storms—economic shifts, market disruptions, and financial turbulence—some sink, and others evolve. Enter Mavent Restructuring Services LLP,...

Jeeva’s Speakbro: From Grassroots to Global Communication Platform

Breaking the Silence For many, the English language is a skill. For Jeeva, it was once a barrier that symbolized everything he wasn’t supposed to...

U.S.-UAE Alliance Accelerates AI Leadership with $200 Billion Deals

U.S.-UAE AI Partnership Sparks $200 Billion Commercial Boom In a significant development that underscores the growing ties between the United States and the United Arab...

President Trump Lands in Abu Dhabi to Seal Strategic Gulf Tour

President Donald Trump has landed in Abu Dhabi, the capital of the United Arab Emirates, concluding his strategic tour of the Gulf region. The visit...

UAE Joins Gulf-US Summit in Riyadh: Sheikh Khaled Leads Push for Security, Economic Growth

UAE is actively participating in the Gulf-US Summit being held in Riyadh, with His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown...

Latest Articles