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Benzinga
Benzinga
Business
Triveni Kothapalli

Robo.ai Teams Up With JW Group To Launch Green Commercial Vehicles In UAE

Danish And U.S. Officials Trade Statements As Ties Stress Foreign Minister Lars Løkke Rasmussen confirmed he had summoned Mark Stroh, the U.S. chargé d'affaires. In a statement to TIME, he said, "Any attempt to interfere in the internal affairs of the Kingdom [of Denmark] will of course be unacceptable," adding, "We are aware that foreign actors continue to show an interest in Greenland and its position in the Kingdom of Denmark. It is therefore not surprising if we experience outside attempts to influence the future of the Kingdom in the time ahead."

Robo.ai Inc. (NASDAQ:AIIO) on Monday said it will set up a commercial vehicle joint venture with Pakistan’s JW Group, as part of its strategy to expand into green mobility and smart city development.

The company said the venture, named RoBUS, will be headquartered in the United Arab Emirates. Robo.ai also appointed River Zhang as its Chief Industrial Officer and President of RoBUS.

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