KIZAD inks deal to establish Abu Dhabi’s first EV assembly facility ...United Arab Emirates

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KIZAD inks deal to establish Abu Dhabi’s first EV assembly facility
Abu Dhabi’s KIZAD has signed a lease agreement with NWTN to build an Electric Vehicle (EV) assembly facility, in a bid to serve the growing demand for sustainable transport. The signing ceremony took place within KIZAD and NWTN also used the opportunity to demonstrate its EV offerings. Per the agreement, NWTN plans to initially operate a 25,000m2 manufacturing, research and development, vehicle testing and logistics facility that will be completed by KIZAD in Q4 2022. The facility will have an annual capacity of 5,000-10,000 units for the assembly of semi-knocked-down (SKD) Electric Vehicles. In phase two, NWTN plans to introduce several new EV models and expand its capacity to 50,000 units

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