EHang Holdings Limited has announced that the company is partnering with the fintech group in the MENA region Multi Level Group (MLG) and the Abu Dhabi Investment Office (ADIO) to drive eVTOL development in the UAE and beyond.
“During Abu Dhabi’s inaugural DRIFTx event, a global platform to discuss and engage innovations that will shape the future of mobility, ADIO and MLG signed a trilateral agreement with EHang,” according to EHang.
“EHang is looking to set up their regional headquarters in Abu Dhabi to promote business activities with local partners including manufacturing, flight operations, research and development, training and Maintenance, Repair, and Overhaul (MRO) facilities.
“ADIO will be providing EHang with a comprehensive range of growth-enabling support, including providing data and information related to establishing and operating a manufacturing and industrial services business in Abu Dhabi; setting up enablement and links with the Abu Dhabi ecosystem and international trade opportunities.
Badr Al-Olama, Director General of Abu Dhabi Investment Office (ADIO), said: “ADIO continues to work with leading global players to accelerate the adoption of smart and autonomous vehicles across air, land and sea. Our collaboration with Multi Level Group, and air mobility leaders such as EHang, will play a key role in driving Abu Dhabi’s efforts in promoting eVTOLs to transform the way people and goods are transported and in advancing the future of mobility globally.”
Mr. Abdul Jabbar Al Sayegh, Chairman of Multi Level Group (MLG), said: “This partnership marks a significant milestone in our collective efforts to revolutionise the way people and goods are transported. By joining forces with EHang, a pioneer in urban air mobility technology, and with the support of ADIO, we are poised to establish Abu Dhabi as a hub for the advancement of eVTOLs and unmanned aerial vehicles. It underscores MLG’s dedication to driving forward innovation and shaping the future of mobility in the UAE and beyond.”
Huazhi Hu, Founder, CEO and Chairman of EHang, said: “Abu Dhabi is at the forefront of the innovative technologies, and offers one of the best ecosystems globally for UAM solutions. We are thrilled to have MLG and ADIO as our partners to bring our eVTOLs and expand our footprint into the MENA region. EHang remains steadfast in shaping the future of air transportation and contributing to Abu Dhabi’s journey towards becoming a global leader in the UAM sector.”
For more information
https://www.globenewswire.com/news-release/2024/04/26/2870737/0/en/Multi-Level-Group-EHang-and-ADIO-seal-strategic-collaboration-to-drive-eVTOL-development-in-the-UAE.html
