NWTN Overview

Company Name Change: NWTN has officially changed its name to Robo.ai, with trading under the new name and ticker symbol AIIO starting on August 26.

Strategic Shift: The rebranding reflects a strategic pivot from electric vehicle manufacturing to a focus on artificial intelligence, robotics, and smart technology.

Investment and Expansion Plans: Robo.ai is backed by a $100 million investment from SEET LLC to enhance innovation in smart mobility and green energy, alongside plans for an Abu Dhabi AI Industrial Park.

Stock Performance: Following the announcement, shares of NWTN rose by 8.1%, reaching $1.20, within a 52-week range of $0.30 to $3.48.

Company Name Change and Board Resolutions: NWTN Inc. held an extraordinary general meeting on August 12, 2025, where shareholders approved a name change to "Robo.ai Inc.", appointed Yehong Ji as an independent director, and amended the company's articles of association.

Future Actions and Registration: The company plans to complete registration procedures for the name change soon and will issue a press release once the change takes effect.

Appointment of New Director: NWTN Group has appointed Mr. Yehong Ji as an Independent Director, enhancing the Board's governance and supporting the company's strategic transformation initiatives following shareholder approval at an Extraordinary General Meeting.

Mr. Ji's Expertise: With over thirty years in international investment banking, Mr. Ji brings significant experience in guiding companies through technological transformations, particularly in blockchain and digital assets, which will aid NWTN's governance and global operations.

Partnership Announcement: NWTN Inc. has signed an agreement with JW Corporation to utilize its automotive assembly facility in Pakistan's China-Pakistan Special Economic Zone, enabling NWTN to manufacture new energy commercial vehicles and expand its market presence.

Strategic Goals Alignment: This collaboration supports the UAE's sustainable manufacturing goals and aims to position Pakistan as a key export hub for green technologies, enhancing both companies' operational efficiencies and global brand reach.

Change in Voting Agenda: NWTN Inc. announced a withdrawal of Proposal No.2 regarding the removal of certain directors from the voting agenda for its extraordinary general meeting scheduled on August 12, 2025.

Company Overview: NWTN Inc., headquartered in the UAE, focuses on smart technology solutions across various sectors including mobility and manufacturing, aiming to drive sustainable development through innovation.

Strategic Partnership Announcement: NWTN Inc. has formed a memorandum of understanding with Changer.ae to integrate stablecoin technology into manufacturing and mobility sectors in the UAE, aiming to enhance digital transformation and financial inclusion as part of the "We The UAE 2031" vision.

Implementation of Blockchain Solutions: The collaboration will utilize Changer.ae's digital asset services and NWTN's expertise to facilitate stablecoin transactions for vehicle purchases, optimize supply chain finance, and explore tokenization of real-world assets, ensuring compliance and security through advanced measures.