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NWTN Appoints New CEO to Drive Strategic Transformation
NWTNNWTN(NWTN) Prnewswire·2025-05-16 07:18

Core Insights - NWTN Inc. has appointed Mr. Benjamin Zhai as Executive Director and Global CEO, marking a significant shift from being a NEV manufacturer to a global smart technology platform [1][2] - Mr. Zhai brings over 30 years of experience in technology and mobility, having held senior roles in various high-growth ventures, including NIO and Canoo [2] - The company aims to leverage AI, electrification, and globalization, with the UAE as its global hub for a transformative strategy [3] Company Strategy - NWTN plans to expand its product offerings beyond NEVs to include autonomous logistics systems, drones, and smart wearables [5] - The establishment of the NWTN Smart Industrial Park in Abu Dhabi will enhance smart manufacturing capabilities by integrating R&D, vehicle assembly, and intelligent equipment production [5] - The company aims to create a "technology + manufacturing + capital" model by leveraging the UAE's strengths in industry policy, technology, and talent [5]