Home GCC UAE Abu Dhabi to host its first electric vehicle assembly facility Constructed by KIZAD, the facility is set for completion in the fourth quarter of 2022 by Zainab Mansoor September 6, 2022 Abu Dhabi is set to welcome its first electric vehicle (EV) assembly facility. AD Ports Group’s integrated trade, logistics and industrial zone, KIZAD, has announced the signing of a lease agreement with green mobility technology company NWTN to establish the facility in the capital. The facility is set for completion in Q4 2022 and aims to serve growing demand for sustainable transport options, a statement said. .@KizadUAE, part of @ADPortsGroup’s Economic Cities & Free Zones, has signed a lease agreement with electric vehicle (EV) company NWTN to establish and operate a 25,000-square-metre production, vehicle testing and logistics facility developed by KIZAD. pic.twitter.com/XqehsmTodK — مكتب أبوظبي الإعلامي (@admediaoffice) September 6, 2022 Pursuant to the agreement, NWTN plans to initially operate a 25,000 sqm manufacturing, research and development, vehicle testing and logistics facility constructed by KIZAD with 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 capacity to 50,000 units annually. Captain Mohamed Juma Al Shamisi, managing director and group CEO, AD Ports Group, said: “Attracting electric vehicle manufacturers to Abu Dhabi will play a significant role in enabling the economic vision of Abu Dhabi and is aligned with the recently announced Abu Dhabi Industrial Strategy.” Alan Wu, chairman and CEO, NWTN, added: “NWTN’s partnership with AD Ports Group’s KIZAD forms a cornerstone of our broader worldwide growth strategy by enabling us to efficiently service a wider range of consumers both in the Middle East and the wider Northern Africa and European markets. “The strategic location, with direct access to regional and global markets and proximity to world-class manufacturing infrastructure in KIZAD will allow NWTN to enhance its operations long-term and increase our export potential.” With its new facility in KIZAD, NWTN will benefit from proximity to AD Ports Group’s expansive automobile business ecosystem, which includes existing and upcoming projects tailored to the Automotive sector such as the region’s first lithium production facility by Lepidico Ltd, the Regional Auto Hub – Abu Dhabi and the Khalifa Port Auto Terminal. AD Ports Group has announced that its new warehousing and logistics hub in Abu Dhabi will be ready for operations in the third quarter of the year. Read: Abu Dhabi to host one of region’s largest food and healthcare storage hubs Tags Abu Dhabi Electric Vehicle 0 Comments You might also like Eid Al Etihad 53: Where to watch National Day fireworks in the UAE UAE real estate market poised for strong growth in Q4: JLL Abu Dhabi’s Masdar completes acquisition of 70% stake in Terna Energy ADGM posts 33% growth in company registrations in Q3 2024