{"id":77792,"date":"2023-06-05T01:00:10","date_gmt":"2023-06-05T01:00:10","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/06\/05\/canadian-ev-company-axl-is-looking-to-set-up-an-assembly-line-in-the-uae\/"},"modified":"2023-06-05T01:00:10","modified_gmt":"2023-06-05T01:00:10","slug":"canadian-ev-company-axl-is-looking-to-set-up-an-assembly-line-in-the-uae","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/06\/05\/canadian-ev-company-axl-is-looking-to-set-up-an-assembly-line-in-the-uae\/","title":{"rendered":"Canadian EV company AXL is looking to set up an assembly line in the UAE"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>A new EV assembly line coming to UAE: <\/strong>Canadian EV company AXL \u2014 which <a href=\"https:\/\/uaenews247.com\/2023\/05\/25\/in-its-first-debut-in-the-mena-region-the-canadian-axl-electric-vehicles-unravel-its-sharx-5-suv-at-the-evis-summit\/\">unveiled<\/a> its all-electric <a href=\"https:\/\/axlev.com\/\">SUV Sharx-5<\/a> last month \u2014 has plans to establish a UAE-based assembly line with a 50k production capacity either in Dubai or Abu Dhabi, CEO of AXL Electric Vehicles Ali Eslami told <a href=\"https:\/\/www.khaleejtimes.com\/business\/auto\/uae-electric-carmaker-axl-plans-assembly-unit-in-emirates-create-hundreds-of-jobs\">Khaleej Times<\/a>.<\/p>\n<p><strong>Strategic location:<\/strong> The company \u2014 which currently has one model priced at some USD 40k, according to the news outlet \u2014 is looking to leverage the emirates\u2019 proximity to both the EU and Asian markets to set up its MENA-based assembly unit, Eslami said. The company is currently in talks for land allocation and could start production of its EVs within six to nine months depending on the \u201cavailability of the building and infrastructure,\u201d he added..<\/p>\n<p><strong>Not the first company with assembly plans in MENA: <\/strong>UAE-based car manufacturer <a href=\"https:\/\/www.mglorygroup.com\/\">M Glory<\/a><a href=\"https:\/\/www.mglorygroup.com\/\">Holding<\/a> plans to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/1333f98b-6b24-4506-8744-fa8a23e381b7\">establish<\/a> three electric vehicle production factories across MENA in Egypt, the UAE, and Jordan with an investment ticket of USD 550 mn. Renault and Stellantis <a href=\"https:\/\/www.reuters.com\/article\/morocco-electric-aerospace-idAFL8N2Z27AU\">already operate<\/a> EV assembly facilities in Morocco producing 700k cars each year. Citroen also produces around 50k EV buses per year with plans to double that output in two years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new EV assembly line coming to UAE: Canadian EV company AXL \u2014 which unveiled its all-electric SUV Sharx-5 last month \u2014 has plans to establish a UAE-based assembly line with a 50k production capacity either in Dubai or Abu Dhabi, CEO of AXL Electric Vehicles Ali Eslami told Khaleej Times. Strategic location: The company [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":77793,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[103],"tags":[102,11,64,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-77792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electric-vehicles","tag-electric-vehicles","tag-enterpriseclimate","tag-evs","tag-uae","wpautop","entry"],"acf":{"mongo_id":"75469ffe-e7a9-41df-9c38-86836f3f0807","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/11\/6832.jpg","photo_position":"above","related_issue":[77785],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Canadian EV company AXL is looking to set up an assembly line in the UAE - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/05\/canadian-ev-company-axl-is-looking-to-set-up-an-assembly-line-in-the-uae\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canadian EV company AXL is looking to set up an assembly line in the UAE\" \/>\n<meta property=\"og:description\" content=\"A new EV assembly line coming to UAE: Canadian EV company AXL \u2014 which unveiled its all-electric SUV Sharx-5 last month \u2014 has plans to establish a UAE-based assembly line with a 50k production capacity either in Dubai or Abu Dhabi, CEO of AXL Electric Vehicles Ali Eslami told Khaleej Times. 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