{"id":29889,"date":"2025-08-11T19:58:55","date_gmt":"2025-08-11T19:58:55","guid":{"rendered":"https:\/\/www.hotelsalepage.com\/feed\/cision-pr-newswire\/nwtn-and-pakistans-jw-corporation-enter-new-energy-commercial-vehicle-production-partnership-implementing-uae-hq-south-asia-manufacturing-global-sales-strategy\/"},"modified":"2025-08-11T19:58:55","modified_gmt":"2025-08-11T19:58:55","slug":"nwtn-and-pakistans-jw-corporation-enter-new-energy-commercial-vehicle-production-partnership-implementing-uae-hq-south-asia-manufacturing-global-sales-strategy","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=29889","title":{"rendered":"NWTN and Pakistan’s JW Corporation Enter New Energy Commercial Vehicle Production Partnership, Implementing “UAE HQ + South Asia Manufacturing + Global Sales” Strategy"},"content":{"rendered":"

DUBAI<\/span>, UAE and ISLAMABAD<\/span><\/span>, Aug. 11, 2025<\/span><\/span> \/PRNewswire\/ —\u00a0NWTN Inc. (“NWTN” or the “Company”) (Nasdaq: NWTN), a global smart mobility and manufacturing platform, today executed an Asset Contribution and Share Issuance Agreement (SPA) with Pakistan’s<\/span> prominent industrial group JW Corporation. The agreement grants NWTN exclusive usage rights to JW Corporation’s complete knock-down (CKD) automotive assembly facility in Lahore’s<\/span> China-Pakistan Special Economic Zone (JW-SEZ) and access to JW Corporation’s nationwide network of over 400 sales outlets in Pakistan<\/span>.<\/p>\n

This collaboration supplements NWTN’s global strategy with “UAE Headquarters + South Asia Manufacturing + Global Sales.” Utilizing the 563,000-square-foot CKD facility and JW Corporation’s established distribution network, NWTN will introduce\u00a0market-competitive multifunctional new energy commercial vehicles\u00a0to the global market.<\/p>\n

The partnership not only aligns with UAE’s “We the UAE 2031” national vision and Dubai<\/span><\/span>‘s D33 economic agenda by exporting green transition technologies through EV production and establishing Pakistan<\/span> as an export hub connecting South Asia<\/span>, the Middle East<\/span>, and Africa<\/span>, but also delivers core strategic value to NWTN\u00a0with capital-efficient manufacturing through utilization of existing CKD infrastructure and accelerated global brand expansion via international deployment of product lines.<\/p>\n

Muhammad Javed Afridi<\/span>, CEO of JW Corporation, stated:
“This collaboration introduces advanced EV technology to Pakistan’s<\/span> manufacturing ecosystem. Through CKD operations at JW-SEZ, we aim to develop South Asia’s<\/span> premier new energy commercial vehicle export base.”<\/p>\n

Benjamin Zhai<\/span>, CEO of NWTN, commented:
“This partnership advances the UAE’s sustainable manufacturing goals under its national vision while leveraging Dubai<\/span><\/span>‘s trade hub status to globalize our OEM partner’s brand. It accelerates NWTN’s evolution from smart mobility brand to global intelligent manufacturing platform.”<\/p>\n

About JW Corporation<\/b>
JW Corporation is a leading Pakistani industrial conglomerate with operations spanning automotive, energy, and real estate sectors, featuring integrated CKD assembly capabilities and nationwide distribution networks.<\/p>\n

About NWTN Inc.<\/b>
NWTN (Nasdaq: NWTN), a UAE-headquartered global smart technology company, focuses on smart mobility, advanced manufacturing, and blockchain solutions. The company is transitioning to the corporate name Robo.ai Inc.<\/p>\n

*This press release contains forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. Actual results may differ materially from expectations. Refer to NWTN’s SEC filings for details.*<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

DUBAI<\/span>, UAE and ISLAMABAD<\/span><\/span>, Aug. 11, 2025<\/span><\/span> \/PRNewswire\/ —\u00a0NWTN Inc. (“NWTN” or the “Company”) (Nasdaq: NWTN), a global smart mobility and manufacturing platform, today executed an Asset Contribution and Share Issuance Agreement (SPA) with Pakistan’s<\/span> prominent industrial group JW Corporation. The agreement grants NWTN exclusive usage rights to JW Corporation’s complete knock-down (CKD) automotive assembly facility in Lahore’s<\/span> China-Pakistan Special Economic Zone (JW-SEZ) and access to JW Corporation’s nationwide network of over 400 sales outlets in Pakistan<\/span>.<\/p>\n

This collaboration supplements NWTN’s global strategy with “UAE Headquarters + South Asia Manufacturing + Global Sales.” Utilizing the 563,000-square-foot CKD facility and JW Corporation’s established distribution network, NWTN will introduce\u00a0market-competitive multifunctional new energy commercial vehicles\u00a0to the global market.<\/p>\n

The partnership not only aligns with UAE’s “We the UAE 2031” national vision and Dubai<\/span><\/span>‘s D33 economic agenda by exporting green transition technologies through EV production and establishing Pakistan<\/span> as an export hub connecting South Asia<\/span>, the Middle East<\/span>, and Africa<\/span>, but also delivers core strategic value to NWTN\u00a0with capital-efficient manufacturing through utilization of existing CKD infrastructure and accelerated global brand expansion via international deployment of product lines.<\/p>\n

Muhammad Javed Afridi<\/span>, CEO of JW Corporation, stated:
“This collaboration introduces advanced EV technology to Pakistan’s<\/span> manufacturing ecosystem. Through CKD operations at JW-SEZ, we aim to develop South Asia’s<\/span> premier new energy commercial vehicle export base.”<\/p>\n

Benjamin Zhai<\/span>, CEO of NWTN, commented:
“This partnership advances the UAE’s sustainable manufacturing goals under its national vision while leveraging Dubai<\/span><\/span>‘s trade hub status to globalize our OEM partner’s brand. It accelerates NWTN’s evolution from smart mobility brand to global intelligent manufacturing platform.”<\/p>\n

About JW Corporation<\/b>
JW Corporation is a leading Pakistani industrial conglomerate with operations spanning automotive, energy, and real estate sectors, featuring integrated CKD assembly capabilities and nationwide distribution networks.<\/p>\n

About NWTN Inc.<\/b>
NWTN (Nasdaq: NWTN), a UAE-headquartered global smart technology company, focuses on smart mobility, advanced manufacturing, and blockchain solutions. The company is transitioning to the corporate name Robo.ai Inc.<\/p>\n

*This press release contains forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. Actual results may differ materially from expectations. Refer to NWTN’s SEC filings for details.*<\/p>\n

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