Robo.ai to Establish Industrial City in Dubai
Robo.ai has signed a joint venture agreement with JW Group and Ferox Investments L.L.C. to establish Robo.ai Industrial City in Dubai Industrial City, announced in a press release. This initiative aims to support the company's strategic focus on Smart Mobility, Smart City, and Smart Asset technologies.
The industrial city will be strategically located near key global trade routes, including Jebel Ali Port and Al Maktoum International Airport. It will offer industrial land, warehouses, commercial space, and retail facilities. The collaboration will leverage Robo.ai's expertise in product technology and supply chain integration, JW Group's provision of industrial land and facilities, and Ferox Investments' market expansion and branding services.
The authorized business scope of Robo.ai Industrial City includes the production and sales of advanced smart vehicles, electric vertical take-off and landing (eVTOL) aircraft, and smart logistics hardware. This development aligns with the UAE's national vision to become a global hub for innovation and future technology. The establishment of this industrial city will also support Robo.ai's joint venture, RoVTOL, dedicated to the global eVTOL business.
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