DUBAI, UAE, Dec. 2, 2023 /PRNewswire/ -- NWTN Inc. (Nasdaq:
NWTN), an eco-conscious mobility technology company bringing
passenger-centric green premium mobility solutions to the world
("NWTN" or the "Company"), is excited to announce a ground-breaking
agreement with Autostrad Car Rental Company for the purchase of two
hundred Rabdan One vehicles for their fleet which will initially
support the prestigious COP 28
event.
This partnership marks a historic moment in the evolution of
sustainable transportation in the UAE, as the Rabdan One is
introduced into Autostrad's prestigious fleet.
A New Era in Luxury and Eco-Friendly Transportation
NWTN's collaboration with Autostrad involves the sale of two
hundred Rabdan One vehicles, signifying a significant step towards
a greener and more sustainable future in the automotive
industry.
Paul Lin, President of NWTN
Motors, said, "Celebrating this momentous partnership with
Autostrad Car Rental Company, we at NWTN are thrilled to be
spearheading the eco-friendly transportation revolution in the UAE.
The integration of our Rabdan One vehicles into Autostrad's fleet
is not just a testament to our commitment to sustainable mobility,
but also a beacon of innovation in luxury and environmental
stewardship. This collaboration is more than a business venture;
it's a bold step towards realizing our vision of a cleaner, greener
future. We are proud to see the Rabdan One, a symbol of
technological excellence and sustainable luxury, leading the charge
in this new era of automotive evolution."
Ahmed Abood Al Yafei, Group CEO
of Autostrad, highlighted the group's commitment to sustainability,
"The acquisition of the Rabdan electric fleet aligns with our
strategic vision for sustainable mobility. Additionally, we are
pleased to designate Pioneer Auto Services, part of our group, as
the authorised after-sales service agency for Rabdan vehicles in
Abu Dhabi, Al Ain & Sharjah, assuring a comprehensive
and eco-friendly service experience."
Karunesh Arya, General Manager of
Autostrad, added, "Incorporating Rabdan's state-of-the-art electric
vehicles into our fleet is not just an enhancement of our service
offerings but also a significant contribution to the global
environmental initiatives. We proudly announce that this fleet will
be initially leased for the prestigious COP
28 event, underscoring our commitment to supporting major
international events with sustainable transportation
solutions."
The Rabdan One, a high-performance intelligent SUV, is the
epitome of luxury, comfort, and ecological responsibility. Its
innovative design features, including a wing-shaped light set,
yacht-style body, and ultra-low wind resistance aerodynamics, set a
new benchmark in the industry.
Performance Meets Sustainability
The Rabdan One is not just a visual masterpiece but also a
marvel of engineering. It boasts an acceleration of 0-100km/h in
just 4.5 seconds, a maximum speed of 200 km/h, and exceptional
power and torque. Its environmentally friendly cabin, equipped with
OKEO-TEX baby skin-friendly fabric and an intelligent air
management system, ensures a premium and sustainable experience for
passengers.
Commitment to Excellence and Safety
At NWTN, safety is paramount. The Rabdan One comes with an array
of advanced safety features, including traffic jam and lane keeping
assistance, automatic emergency braking, and a C-NCAP 5-star safety
rating. Our dedication to safety and excellence is further
demonstrated by our recent success in obtaining the "Made in the
Emirates" certification, showcasing our commitment to high-quality
manufacturing standards, and supporting the national economy.
A Sustainable Vision for the Future
This collaboration with Autostrad aligns with our vision for a
sustainable future. The Rabdan One fleet will initially be leased
for the prestigious COP 28 event,
showcasing our commitment to global environmental initiatives and
sustainable transportation solutions. We are proud to be at the
forefront of this ecological revolution, contributing to a greener
future for our planet.
About NWTN
NWTN is a pioneering green energy company dedicated to providing
passenger-focused, premium electric vehicle products and green
energy solutions to customers worldwide.
Headquartered in Dubai, United Arab Emirates (UAE),
NWTN has a full vehicle assembly facility in Abu Dhabi.
NWTN is committed to the future of mobility solutions that
integrate pioneering design, personalized lifestyles, Internet of
Everything (IoT), autonomous driving technology and the eco-system
of green energy.
In addition to the offering of new energy vehicles, NWTN is
exploring opportunities 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.
For further information, please visit: www.nwtn.ae
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such forward-looking statements are characterized by
future or conditional verbs such as "may," "will," "expect,"
"intend," "anticipate," believe," "estimate" and "continue" or
similar words. You should read statements that contain these words
carefully because they discuss future expectations and plans, which
contain projections of future results of operations or financial
condition or state other forward-looking information.
Forward-looking statements are predictions, projections, and
other statements about future events (including, without
limitation, the anticipated benefits of a strategic investment into
EVGRF) that are based on current expectations and assumptions and,
as a result, are subject to risks and uncertainties.
Actual results (including, without limitation, with respect to
the expected benefits from the proposed transaction, the ability of
the parties to successfully or timely consummate the proposed
transaction, matters discovered by NWTN as it completes its due
diligence of EVGRF and the ability of EVGRF to maintain the listing
of its ordinary shares on the Hong Kong Stock Exchange) may differ
significantly from those set forth or implied in the
forward-looking statements. Many factors could cause actual future
events to differ materially from the forward-looking statements in
this press release, including but not limited to the risk factors
contained in NWTN's filings with the Securities and Exchange
Commission, which are available for review at www.sec.gov.
Forward-looking statements speak only as of the date they are made.
New risks and uncertainties arise over time, and it is not possible
NWTN to predict those events or how they may affect NWTN. If a
change to the events and circumstances reflected in NWTN's
forward-looking statements occurs, NWTN's business, financial
condition and operating results may vary materially from those
expressed in NWTN's forward-looking statements.
Readers are cautioned not to put undue reliance on
forward-looking statements, and NWTN assumes no obligation and does
not intend to update or revise these forward-looking statements,
whether as a result of new information, future events or
otherwise.
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