Business Chief ME+AFRICA January 2024 | Page 98

NWTN
“ This is the reason the first products for the Rabdan brand are range-extended cars ,” he says . “ The range-extended cars help convert consumers into EV buyers . Once consumers experience the benefits and driving feel of an EV , they will never go back to a petrol car .”
Alan says NWTN is on an exciting journey , but not without its challenges – and opportunities .
Those challenges include navigating a complex regulatory environment . The rules around autonomous vehicles and green energy are still shaping up in the UAE , and keeping up with these changes is crucial . Then there is the pace of technology – it is fast and relentless .
“ Staying ahead in IoT and autonomous driving means we need to be constantly innovating and investing ,” he says . “ Plus , the more we rely on IoT and autonomous systems , the more we need to up our game in cybersecurity to protect our users and their data .
“ On the flip side , there are some fantastic opportunities ahead . The world is shifting towards sustainable energy , and that is right in our core strengths , offering us significant growth potential . Being at the forefront of IoT and autonomous driving tech positions us to be leaders in this field .”
Looking ahead , NWTN has a clear vision that goes beyond new energy vehicles .
The company 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 .
“ NWTN is uniquely positioned to deliver UAE-made products to a global customer base ,” says Alan .
“ The timing is right : we are addressing global market opportunities .” 98 January 2024