Robo.ai and EVT plan UAE eVTOL venture
The companies signed a cooperation agreement covering intelligent eVTOL development and commercial activity.
Evidence notes
- The proposed UAE venture would handle global sales, local assembly and distribution under the RoVtol brand.
- The parties also plan localized aircraft development and regulatory support; the venture had not yet been formed.
Company context
Robo.ai is a Nasdaq-listed AI and robotics company developing partnership-led platforms across smart vehicles, robotics, logistics and industrial automation.