As a green mobility technology company, NWTN has defined the Smart Passenger Vehicle (SPV) as a vehicle concept emphasizing AI technologies and personalized passenger experience. Foundered in 1992 by its CEO Sultan Hareb AI Falahi, Sultan Investments is a private Investment company with a geographical focus on the Middle East. Sultan Investments established this reputation by becoming one of the largest private investors in Business Bay - Dubai’s upcoming CBD. S Motors, its wholly-owned subsidiary, will also be partnering with NWTN in facility development and EV distributions. The ongoing transition will grant NWTN a unique advantage in the UAE and the broader Middle East, as NWTN’s manufacturing base will enhance the connection between the intelligent EV company and the emerging markets.
Source: The North Africa Journal June 10, 2022 19:48 UTC