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Asharq Al-Awsat

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Tabuk (Saudi Arabia) - Asharq Al-Awsat

Saudi Arabia Invests in Electric Urban Air Mobility

Neom Volocopter Saudi Arabia Line

NEOM accelerates its investments in zero-emission future urban mobility (SPA)

NEOM, the smart and sustainable regional development in northwest Saudi Arabia, announced Wednesday a $175 million investment in Volocopter, the pioneer of Urban Air Mobility.

The investment is part of NEOM’s efforts to take a significant equity stake in Volocopter, positioning it as a leader in future mobility solutions.

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