DUBAI, UAE, April 22, 2023 /PRNewswire/ -- In celebration of
the Holy month of Ramadan, NWTN Inc. (Nasdaq: NWTN), an
eco-conscious mobility technology company bringing
passenger-centric green premium mobility solutions to the world
("NWTN"), today held a Suhoor gathering at their assembly facility
in the Khalifa Economic Zone Abu Dhabi (KEZAD) in celebration of
the Holy month of Ramadan.
NWTN's assembly facility enables NWTN to address the rapidly
growing demand for electric vehicles in the UAE and the
Middle East, promote green
mobility, and accelerate sustainable energy transformation in the
UAE.
NWTN also kicked-off the development of its sales and
distribution network in the GCC countries with the signing of two
MOUs which appoints exclusive distributors of vehicles under the
Rabdan brand. This will enable the sale of Rabdan vehicles,
parts, and accessories together with the provision of after-sales
services. Both distributors will promote the Rabdan brand and
develop a distribution network of sales outlets. It is
expected that sales of the Radban ONE vehicle will exceed 5,000
vehicles over a 5-year period. In addition, NWTN will assist
both distributors with technical, after-sales, and marketing
support during the entirety of the MOU.
"We are very proud to hold our Suhoor gathering in celebration
of the Holy month of Ramadan at our assembly facility in
KEZAD. This facility enables NWTN to address the rapidly
growing demand for electric vehicles in the UAE and the
Middle East." said Luen Govender, Head of NWTN's Abu Dhabi Plant.
"Tonight, was also an exclusive preview of the Rabdan ONE, which
will be the first 'Made in Abu
Dhabi' range extended electric vehicle."
The Rabdan ONE, which is the first vehicle of the Rabdan brand,
will become available for pre-orders after the Suhoor gathering
with pricing and availability to be released at a later date.
NWTN expects to officially launch the Rabdan ONE in the coming
months.
The origin of the Rabdan brand is deeply rooted in Arabian
culture. The brand will cover a full range of intelligent new
energy passenger vehicle products from extended range to pure
electric technology solutions. NWTN believes these vehicles
complement the improvement and change in local new energy
infrastructure, such as charging stations in the Gulf,
Middle East, and North
Africa. Rabdan products will integrate the advanced
technologies and resources in the global new energy vehicle
industry, as well as surpass traditional fuel vehicle products in
many aspects, from driving experience and intelligent comfort to
energy saving and emissions reduction. It aims to define a
new category of traveling and lifestyle.
The Rabdan brand is targeted at the upper-middle class and
people who pay particular attention to quality of life and are
positive and fond of exploring new technologies. They are
successful in their careers and shoulder both social and family
responsibilities. They love life and pursue fashion and
technology. They care about their families and the environment of
the planet.
The Rabdan ONE is a dynamic, intelligent, and comfortable,
all-wheel-drive SUV that adopts the world's leading range extension
technology. It has a comprehensive range of up to 860
kilometers, which removes range anxiety while achieving energy
savings and emissions reduction. Using a dual-motor drive
system, the total power of the front and rear motors develops a
staggering 1,040 horsepower, and the 0-100 km acceleration takes
only 4.5 seconds.
Its finely adjusted chassis system is equipped with an air
suspension system that provides noble comfort in addition to an
agile and dynamic control experience. The 4,905mm body length
and 2,960mm wheelbase ensure ample comfort and space inside the
vehicle. The vehicle is equipped with an L2 autonomous
driving system and multiple intelligent human-machine interactive
systems.
The Rabdan ONE is suitable for a variety of uses from business,
family, leisure, adventure, work to pleasure. The Rabdan One
is a powerful intelligent car leading a new fashion lifestyle.
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 and a supply chain
manufacturing base in Jinhua, China.
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:
https://www.nwtnmotors.com.
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 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 ISO IMS
accreditations, the progress of the production line at KEZAD
facility, the expansion strategy and anticipated results of R-EEVs'
technology) 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 do
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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