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

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

25/07/2026

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

25/07/2026

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

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

byCT Report
25/07/2026

GWADAR: Iran has closed and reopened the Strait of Hormuz several times since the US-Iran war began in February. When...

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

byCT Report
25/07/2026

LAHORE: Lahore Chamber of Commerce and Industry hosted a seminar titled “Enhancing Pakistan-Libya Trade and Economic Cooperation”, attended by Major...

SBP foreign exchange reserves increase by $33m

byCT Report
25/07/2026

KARACHI: Pakistan’s foreign exchange reserves recorded a modest increase during the week ended July 17, 2026, according to the latest...

New Finance Act rule forces businesses to get FBR-verified invoice numbers

byCT Report
25/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) will require taxpayers to issue a verifiable and unique invoice number for every...

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.