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Roboai ( (AIIO) ) has provided an announcement.
Robo.ai Inc. announced on September 15, 2025, that it has signed a joint venture agreement with JW Group and Ferox Investments L.L.C. to establish Robo.ai Industrial City in Dubai Industrial City. This initiative aims to bolster Robo.ai’s strategic focus on Smart Mobility, Smart City, and Smart Asset, aligning with the UAE’s vision to become a global innovation hub. The joint venture will leverage the strengths of all parties to create an efficient industrial ecosystem, focusing on the production and distribution of smart vehicles, eVTOL aircraft, and other smart devices. This development is expected to enhance Robo.ai’s manufacturing capacity and support its expanding business landscape.
More about Roboai
Robo.ai Inc. (NASDAQ: AIIO) is a technology company focused on developing a global network platform for artificial intelligence and robotics. The company aims to integrate smart terminals into a unified AI operating system and a blockchain-enabled ecosystem, advancing the intelligent future through a decentralized AI platform that connects AI terminals and empowers global users.
Average Trading Volume: 1,626,886
Technical Sentiment Signal: Hold
Current Market Cap: $563.9M
For a thorough assessment of AIIO stock, go to TipRanks’ Stock Analysis page.