{"id":79958,"date":"2023-10-10T01:00:18","date_gmt":"2023-10-10T01:00:18","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/10\/10\/dubai-based-nwtn-reveals-the-uaes-first-locally-manufactured-ev\/"},"modified":"2023-10-10T01:00:18","modified_gmt":"2023-10-10T01:00:18","slug":"dubai-based-nwtn-reveals-the-uaes-first-locally-manufactured-ev","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/10\/10\/dubai-based-nwtn-reveals-the-uaes-first-locally-manufactured-ev\/","title":{"rendered":"Dubai-based NWTN reveals the UAE\u2019s first locally manufactured EV"},"content":{"rendered":"

<\/a>The UAE\u2019s first EV \u2014 <\/strong>The Rabdan One<\/a><\/strong> \u2014 will advance the Emirati industrial sector and <\/strong>boost its net zero commitments<\/strong>, UAE\u2019s Minister of Industry and Advanced Technology Sultan Al Jaber said in a statement<\/a> during a site visit to NWTN Motors<\/a>\u2019 car assembly facility in Abu Dhabi. Rabdan One is the first to be developed under the NWTN\u2019s Rabdan brand.<\/p>\n

More details: <\/strong>The EV boosts a dual-motor drive system, packs a 510 KW battery with a range of up to 860 KM, 1.04k horsepower, and can reach 100 km\/h in 4.5 seconds, according to a previous statement<\/a> published last May. The EV also features a level 2 autonomous driving system (out of 5) and multiple intelligent human-machine interactive systems. Pricing for the vehicle has not yet been revealed, but sign-up registration for interest in the car is possible on NWTN\u2019s website. The carmaker has also indicated that it expects sales of the Rabdan One to exceed 5k vehicles over a five-year period.<\/p>\n

NWTN is also shaking hands with auto traders: <\/strong>NWTN signed an MoU with Al Khalid Auto<\/a> in April for the delivery of over 1k Rabdan One vehicles over the next two years, kicking off the development of its sales and distribution network in the GCC countries, according to Trade Arabia<\/a>. Under the MoU, Al Kalid became the exclusive distributor of vehicles for the Rabdan brand, enabling the sale of Rabdan vehicles, parts, and accessories together with the provision of after-sales services within Kuwait. NWTN also signed an MoU<\/a> with Elfaba Investment and Advisory for the sale and purchase of 5k NWTN and Rabdan brands across more than seven countries for 5 years.<\/p>\n

All part of bigger moves:<\/strong> The company inked an agreement<\/a> with the Abu Dhabi Department of Economic Development in July to establish a new integrated electric vehicle production line in the UAE, and expand its existing EV factory in Khalifa Economic Zones Abu Dhabi (Kezad). In its initial phase, NWTN\u2019s EV plant will have an annual production capacity of 5-10k semi-knocked-down EVs. In its second phase, NWTN wants to introduce several new EV models and expand the 25k sqm facility\u2019s capacity to 50k units per year.<\/p>\n

And expansions: <\/strong>NWTN Motors acquired a 27.5% stake<\/a> in EV manufacturer China Evergrande New Energy Vehicle Group (EVGRF) last August at an equity investment of USD 500 mn, with the goal of capitalizing on EVGRF\u2019s research and development and production capacity to meet MENA\u2019s EV demands. Trading in shares between NWTN and EVGRF resumed yesterday after a 10-day suspension triggered by \u201csignificant uncertainties\u201d tied to the Chinese firm amid investigations initiated against it and a derailed debt restructuring plan, according to Reuters<\/a>.<\/p>\n

About NWTN: <\/strong>Headquartered in Dubai, NWTN has a full vehicle assembly facility in Abu Dhabi \u2014 completed at the end of last year in Kezad \u2014 and a supply chain manufacturing base in Jinhua, China<\/a>. NWTN is also exploring avenues in the entire clean energy value chain, including photovoltaics, green hydrogen power, and energy storage in the UAE, the Middle East, North Africa, China, other Asian countries and Europe.<\/p>\n","protected":false},"excerpt":{"rendered":"

The UAE\u2019s first EV \u2014 The Rabdan One \u2014 will advance the Emirati industrial sector and boost its net zero commitments, UAE\u2019s Minister of Industry and Advanced Technology Sultan Al Jaber said in a statement during a site visit to NWTN Motors\u2019 car assembly facility in Abu Dhabi. Rabdan One is the first to be […]<\/p>\n","protected":false},"author":1,"featured_media":79959,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[102,11,64,769,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-79958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electric-vehicles","tag-electric-vehicles","tag-enterpriseclimate","tag-evs","tag-nwtn-motors","tag-uae","wpautop","entry"],"acf":{"mongo_id":"c0df1e98-a6b9-47db-8354-dd20f1785509","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/1569.jpg","photo_position":"above","related_issue":[79949],"teaser":"","voice_url":""},"yoast_head":"\nDubai-based NWTN reveals the UAE\u2019s first locally manufactured EV - 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\/10\/10\/dubai-based-nwtn-reveals-the-uaes-first-locally-manufactured-ev\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dubai-based NWTN reveals the UAE\u2019s first locally manufactured EV\" \/>\n<meta property=\"og:description\" content=\"The UAE\u2019s first EV \u2014 The Rabdan One \u2014 will advance the Emirati industrial sector and boost its net zero commitments, UAE\u2019s Minister of Industry and Advanced Technology Sultan Al Jaber said in a statement during a site visit to NWTN Motors\u2019 car assembly facility in Abu Dhabi. 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