Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

JW Group, Robo.ai to establish RoBUS commercial vehicle joint venture

byCT Report
22/09/2025
in Breaking News, Latest News, National
Share on FacebookShare on Twitter

DUBAI: JW Group, a Pakistani industrial conglomerate, has announced the establishment of a commercial vehicle joint venture (JV) named RoBUS with Robo.ai Inc., a NASDAQ-listed technology company. According to a statement, the JV will be headquartered in the United Arab Emirates.

Robo.ai has appointed River Zhang, a former senior executive at NIO, Ford, and Volvo, as Chief Industrial Officer of Robo.ai and President of RoBUS. The new entity will develop customised products for the Middle East, Africa, and Southeast Asia, tailored to local regulations and customer needs.

You might also like

FBR to launch faceless tax audit system

13/06/2026

FBR bans PDF financial statements for companies

13/06/2026

Under the JV, Robo.ai will contribute capital market support, brand-building expertise, and global market expansion. JW Group will provide manufacturing capacity through its overseas facilities and market access via its network of more than 400 distributors.

JW Group already partners with China’s Jinpeng to promote electric mobility in Pakistan. Its Chief Executive Officer Javed Afridi said RoBUS would help accelerate the adoption of green and smart commercial vehicles, adding that the company aims to create an intelligent manufacturing platform to serve global markets.

River Zhang said RoBUS would also support the UAE’s ‘We the UAE 2031’ national vision. He noted that following Robo.ai’s recent investment in Arkreen, a Decentralized Physical Infrastructure Network (DePIN) technology company, the JV’s smart vehicles are envisioned as carriers of green mobility and as assets integrated into intelligent economic ecosystems.

JW Group operates across automotive, home appliances, energy, and real estate, with established assembly capacity and a global sales network. Robo.ai Inc. is focused on building a global AI-enabled robotics platform that integrates smart mobility, smart cities, and smart assets into an artificial intelligence operating system and blockchain-enabled ecosystem.

Related Stories

FBR to launch faceless tax audit system

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is set to introduce a faceless audit and assessment system across all four...

FBR bans PDF financial statements for companies

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a major shift toward digital tax administration through the Finance Bill...

SBP unveils first-ever research agenda for 2026-2029

byCT Report
13/06/2026

KARACHI: The State Bank of Pakistan (SBP) has launched its inaugural Research Agenda for 2026-2029, outlining key research priorities aimed...

Pakistan empowers custom courts to freeze assets in illegal fund transfer trials

byCT Report
13/06/2026

ISLAMABAD: The Pakistani government has introduced a major legislative amendment through the Finance Bill, 2026, granting Special Judges the authority...

Next Post

Pakistan, ASEAN pledge to boost trade, economic ties

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.