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NWTN Inc (NWTN) pioneers smart electric vehicle innovation through cutting-edge autonomous driving systems and IoT-connected mobility solutions. This news hub provides investors and industry observers with timely updates on the company's strategic developments in sustainable transportation.
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NWTN Inc. (Nasdaq: NWTN) held its Extraordinary General Meeting on August 12, 2025, where shareholders approved several key resolutions. The most significant change is the company's planned name change from NWTN Inc. to Robo.ai Inc. Shareholders also appointed Yehong Ji as a new independent director and approved amendments to the company's Articles of Association.
The meeting also granted authorization for company directors to implement these changes and included provisions for potential meeting adjournment if needed. The company plans to complete the name change registration procedures soon and will announce when the change becomes effective.
NWTN (Nasdaq: NWTN) has appointed Yehong Ji, former Vice Chairman of Greater China Banking at Barclays, as Independent Director following shareholder approval at the company's Extraordinary General Meeting on August 12, 2025.
Ji brings over 30 years of international investment banking experience, having led numerous overseas IPOs, CBs, bonds, and M&A transactions. His expertise in blockchain and digital currency transformations aligns with NWTN's future initiatives in blockchain and digital assets.
CEO Benjamin Zhai highlighted that Ji's appointment will enhance the Board's diversity and expertise in global capital operations, technological innovation, and ESG implementation.
NWTN (Nasdaq: NWTN) has signed a strategic partnership agreement with Pakistan's JW Corporation to establish new energy commercial vehicle production. The collaboration grants NWTN exclusive rights to JW Corporation's 563,000-square-foot CKD assembly facility in Lahore's China-Pakistan Special Economic Zone and access to over 400 sales outlets across Pakistan.
The partnership implements NWTN's "UAE HQ + South Asia Manufacturing + Global Sales" strategy, aiming to introduce competitive new energy commercial vehicles globally. The initiative aligns with UAE's "We the UAE 2031" vision and Dubai's D33 economic agenda, positioning Pakistan as an export hub connecting South Asia, the Middle East, and Africa.
NWTN Inc. (NASDAQ: NWTN), a UAE-based company, has announced a modification to the voting agenda for its upcoming extraordinary general meeting (EGM) scheduled for August 12, 2025. The company has decided to withdraw Proposal No.2, which concerned the removal of certain directors from the board.
The EGM will proceed as scheduled at 3 p.m. Dubai local time. The company has already notified Continental Stock Transfer & Trust Company, its share registrar and transfer agent, about the withdrawal of this proposal from the voting agenda.
NWTN (Nasdaq: NWTN) has announced a strategic partnership with UAE-based Changer.ae to implement the Middle East's first stablecoin solution for smart manufacturing and mobility. The collaboration will establish a commercial platform integrating stablecoins across three key domains: smart mobility, smart manufacturing, and smart contracts.
The partnership will enable stablecoin-based transactions for vehicle purchases and leasing, optimize supply chain finance, and explore real-world asset tokenization. The initiative aligns with the UAE's 2031 national vision for digital transformation and aims to strengthen the country's position as a global fintech hub. Both companies will implement robust security measures and comply with ADGM and FSRA regulatory requirements.
NWTN Inc. (Nasdaq: NWTN) announced it will hold an Extraordinary General Meeting on August 12, 2025 at its Dubai headquarters. The company plans several significant changes, including rebranding to Robo.ai Inc. and restructuring its Board of Directors.
Key proposals include removing three independent directors (Alain Batty, Joseph Levinson, and Michael S. Cashel) and executive director Aaron Huainan Liao, while appointing Yehong Ji as a new independent director. Shareholders of record as of July 16, 2025 are eligible to vote, with Class A shares carrying 25 votes each and Class B shares carrying one vote each.
NWTN (NASDAQ: NWTN), a UAE-based company, has secured a significant strategic investment from SEET LLC, a subsidiary of Medad Holding. The agreement involves a $100 million investment by SEET to acquire newly issued NWTN shares, making SEET the largest single shareholder of NWTN.
The partnership aligns with the "We the UAE 2031" national vision and its "Forward Economy" initiative, focusing on strategic sectors including clean energy, mobility, and high-end manufacturing. The collaboration will span multiple areas including urban mobility, AI, smart energy, and blockchain technology.
This strategic transformation positions NWTN towards "Smart Mobility, Smart Device, Smart Contract" solutions, while strengthening UAE's role in the energy sector and digital economy.
NWTN (NASDAQ: NWTN) has announced key executive appointments as part of its strategic transformation from a new energy vehicle specialist to a global smart technology platform. The company appointed Adrian Wong as CFO and John Xie as COO, effective July 3, 2025.
Wong brings nearly two decades of experience from Morgan Stanley and China Galaxy International Securities, with expertise in strategic financing and capital operations. Xie contributes expertise in lean management, ESG governance, and premium brand marketing, having previously served at NIO and Raytheon Professional Services.
These appointments follow the May 2025 hiring of Benjamin Zhai as Global CEO. The company aims to leverage its Asia-Pacific supply chain capabilities, UAE's strategic position, and global capital markets access to deliver shareholder value.
NWTN has received a delisting determination notice from Nasdaq due to its failure to file the 2024 Annual Report. Unless appealed, the company's ordinary shares and warrants will be suspended from trading on May 30, 2025. NWTN has requested a hearing to appeal the determination and an extended stay of the trading suspension pending the hearing panel's decision.
The company recently filed its 2023 Annual Report on April 28, 2025, and its interim report for H1 2024 on May 12, 2025. NWTN is working to file the 2024 Annual Report and implement enhanced governance for timely reporting, though compliance cannot be guaranteed.