tiprankstipranks
EHang, MLG, ADIO collaborate on eVTOL development in UAE
The Fly

EHang, MLG, ADIO collaborate on eVTOL development in UAE

EHang Holdings announced that the company is partnering with the leading fintech group in the MENA region Multi Level Group and the Abu Dhabi Investment Office 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. 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 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.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles