NWTN (NASDAQ: NWTN) announced the delivery of 20 range-extended electric vehicles (R-EEV) to M93 CAR RENTAL LLC at its facility in the Khalifa Economic Zones, Abu Dhabi.
The delivery begins NWTN’s stated plan to provide the market in the United Arab Emirates (UAE) with products promoting the region’s shift to sustainable energy.
“This is the first time we adopt new energy vehicles into our operation fleet, we are so excited about it. This is in line with the green energy transformation initiatives of our country, and we are very proud to be an active part of it,” said Shahram Parvizi, chairman and CEO of M93 CAR RENTAL.
NWTN manufactures green energy products
NWTN manufactures mobility and green energy products. It’s a green-tech company headquartered in Dubai with manufacturing facilities in Abu Dhabi. The company’s products integrate design, lifestyle personalization, internet-of-things connectivity, autonomous driving tech and green energy systems. Its tech involves modular pure electric platforms, battery packing and management, as well as a digital on-board connectivity system.
The R-EEVs include range-extending technology which adds time between charges for EV batteries. Consequently, this addition helps overcome the problems associated with the limited charging facilities in the UAE and the long distances travelled in the country. The 20 vehicles were the first group of many delivered to local clients in the coming months.
“This is the beginning of our long-term commitment to the UAE and the Middle East market. We will continue to promote green mobility lifestyles and bring world leading sustainable technologies to the UAE to help support the country’s ‘Net-Zero 2050’ strategic initiative and energy transformation blueprint,” said Alan Wu, chairman and CEO of NWTN.
The assembly facility is NWTN’s first in the UAE. The facility helps NWTN enhance production using software and hardware localization and upgrades in order to meet local market demand. Presently in its final phase of equipment installation and trial operations, NWTN anticipates it will be operational by Q1 2023.