Insider Brief
- Robo.ai (NASDAQ: AIIO) signed a final JV with JW Group and Ferox Investments to build “Robo.ai Industrial City” in Dubai Industrial City, advancing its Smart Mobility, Smart City, and Smart Asset strategy in line with the UAE’s “We the UAE 2031” vision.
- The venture will produce and sell smart vehicles (passenger and commercial), eVTOL aircraft, smart logistics/delivery hardware, and other smart devices, serving as a key manufacturing and innovation base for Robo.ai.
- Partners will combine strengths—Robo.ai’s tech, supply chain, and IP; JW Group’s land, facilities, and local support; Ferox’s commercial scenarios and market expansion—leveraging the site’s proximity to ports, airports, rail, and highways to scale projects including the RoVTOL eVTOL business.
PRESS RELEASE – Robo.ai Inc. (NASDAQ: AIIO), a company focused on building a global smart technology platform, today announced that it has signed a final joint venture agreement with JW Group and Ferox Investments L.L.C. to establish Robo.ai Industrial City in Dubai Industrial City. The project will provide the industrial and manufacturing foundation for the company’s strategic focus on Smart Mobility, Smart City, and Smart Asset.
Dubai Industrial City is strategically located near key global trade routes, including Jebel Ali Port, Al Maktoum International Airport, the Etihad Rail freight terminal within the city, and major national and regional highways such as Emirates Road and Sheikh Mohammed bin Zayed Road. The park offers industrial land, warehouses, commercial space, showrooms, and retail facilities.
This cooperation represents another important step in Robo.ai’s strategic development. With the launch of projects in unmanned electric aircraft, autonomous delivery robots, and other smart devices and terminals, as well as the growing industrial needs of partners, demand for advanced manufacturing capacity and supply chain integration is expanding. The establishment of Robo.ai Industrial City is consistent with the UAE’s “We the UAE 2031” national vision to become a global hub for innovation and future technology.
According to the agreement, the joint venture will leverage the strengths of all parties to create a collaborative and efficient industrial ecosystem. Robo.ai will contribute expertise in product technology, supply chain integration, and intellectual property; JW Group will provide key industrial land, facilities, and local resource support; and Ferox Investments L.L.C. will contribute commercial scenarios, market expansion, and branding services. With aligned strategies and complementary advantages, the three parties will jointly promote the successful implementation of the project.
The authorized business scope of Robo.ai Industrial City will include the production and sales of advanced smart vehicles (both passenger and commercial), the production and sales of electric vertical take-off and landing (eVTOL) aircraft, the production of smart logistics and delivery hardware, as well as the design, development, and manufacturing of other smart devices. It is expected to become an important manufacturing and innovation base within Robo.ai’s expanding business landscape.
Earlier, Robo.ai announced the establishment of RoVTOL, a joint venture dedicated to the global eVTOL business. The creation of Robo.ai Industrial City will provide the large-scale manufacturing capacity and industrial foundation necessary for RoVTOL and future projects, thereby forming a closed-loop system from technology R&D to mass production and global sales.
