Group 1 - Robo.ai Inc. and Yiwit Aviation Technology Co., Ltd. announced the establishment of a joint venture named RoVTOL in the UAE, focusing on the global deployment of electric vertical takeoff and landing (eVTOL) aircraft [1][2] - The joint venture will leverage the strengths of both companies, with Robo.ai providing local capabilities and market access, while Yiwit Aviation grants priority licensing of its eVTOL technology for overseas markets [1][2] - The core management team for RoVTOL has been appointed, with Robo.ai's CEO Benjamin Zhai serving as chairman and Yiwit Aviation's Chief Product Officer Steven Wang as CEO [1] Group 2 - RoVTOL will focus on three core business areas, including global eVTOL sales, with an initial emphasis on advanced models ET1, ET2, ET3, and ET9 [2] - The joint venture plans to establish an advanced eVTOL assembly factory in the UAE for localized production and rapid delivery [2] - The "technology + resources + localization" model aims to create competitive barriers for RoVTOL in the global eVTOL market [2]

Core Viewpoint - Robo.ai Inc. and Yiwit Aviation have established a joint venture named RoVTOL in the UAE to develop electric vertical takeoff and landing (eVTOL) aircraft, aiming for global market expansion [1] Group 1: Joint Venture Details - The joint venture RoVTOL will focus on the global sales of eVTOL aircraft, with initial models including ET1, ET2, ET3, and ET9, targeting urban air mobility, emergency rescue, and logistics [1] - Robo.ai's CEO Benjamin Zhai will serve as the chairman of RoVTOL, while Yiwit Aviation's Chief Product Officer Steven Wang will take on the role of CEO [1] Group 2: Contributions and Support - Robo.ai will provide local capabilities, regulatory approval support for the Middle East market, and global market development to establish a foundation for RoVTOL's operations [1] - Yiwit Aviation will grant Robo.ai priority licensing rights for its eVTOL technology and products overseas, along with technical support and personnel training to ensure the technological leadership of the joint venture's core products [1] Group 3: Local Operations - The plan includes establishing a local assembly factory in the UAE to enable rapid delivery of eVTOL aircraft [1]

Core Viewpoint - Robo.ai Inc. and Ewatt Aerospace have established a joint venture named RoVTOL in the UAE, focusing on the global deployment of electric vertical take-off and landing (eVTOL) aircraft, marking a significant advancement in smart mobility solutions [1][2]. Group 1: Joint Venture Details - RoVTOL will leverage Robo.ai's local capabilities and regulatory support in the Middle East, along with Ewatt's eVTOL technology and products, to create a competitive edge in the global market [2][3]. - Key management appointments include Benjamin Zhai as Chairman and Steven Wang as CEO of RoVTOL [1]. Group 2: Business Focus and Strategy - RoVTOL will concentrate on global sales of eVTOL aircraft, with an initial focus on advanced models such as ET1, ET2, ET3, and ET9, and plans to establish a localized assembly facility in the UAE [4]. - The joint venture aims to build a global sales network under the "RoVTOL" brand and adapt existing products for regional markets, particularly in the Middle East and Europe, utilizing a "Technology + Resources + Localization" model [4]. Group 3: Product Lineup - The future product lineup includes: - ET1: Features intelligent fully autonomous control suitable for various scenarios [5]. - ET2: A two-seat model designed for low-altitude operations and tourism [6]. - ET3-e: An all-electric version with ultra-long endurance for public safety applications [7]. - ET3-h: A hybrid version with strong adaptability for high-frequency operations [8]. - ET9: An electric passenger aircraft designed for urban air mobility and emergency rescue [9]. - Derivative models based on ET9 for unmanned operations and logistics [10]. Group 4: Leadership Statements - Benjamin Zhai emphasized the establishment of RoVTOL as a milestone for Robo.ai, aiming to position it as a key player in the eVTOL market and contribute to Dubai's vision of becoming a "World Smart City" [11]. - Ren Wenguang highlighted the complementary strengths of both companies in accelerating technological achievements into market competitiveness [11].