China’s NWTN to build electric vehicle facility in Abu Dhabi
The deal represents the UAE’s push toward green technology, as well as China’s growing influence in the wider region.
An Abu Dhabi ports company announced Tuesday that a new electric vehicle production facility is soon coming to the Emirati city.
AD Ports Group’s Khalifa Industrial Zone Abu Dhabi (KIZAD) signed a lease agreement with the Chinese electric vehicle manufacturer NWTN. The two entities will establish an electric vehicle assembly facility in Abu Dhabi, which will be the first of its kind in the city, KIZAD said in a press release.
“NWTN’s partnership with AD Ports Group’s KIZAD forms a cornerstone of our broader worldwide growth strategy by enabling us to efficiently service a wider range of consumers both in the Middle East and the wider Northern Africa and European markets,” said NWTN chairman and CEO Alan Wu, per the statement.
The first phase of the project is expected to be completed in late 2022.