#United Arab Emirates #Dubai #smart technology #NWTN #Benjamin Zhai

NWTN Appoints Benjamin Zhai as New CEO for Strategic Transformation

NWTN Inc., a trailblazer located in Dubai's dynamic tech scene, has recently appointed Benjamin Zhai as its new Executive Director and Global Chief Executive Officer. This pivotal appointment signals a significant shift in the company's strategic focus, transitioning from solely manufacturing Intelligent New Energy Vehicles (NEVs) to establishing itself as a comprehensive global platform for smart technology.

With Mr. Zhai at the helm, NWTN is poised to revolutionize its approach to innovation and the supply chain ecosystem. His extensive experience in technology, mobility, and venture capital spans over three decades and includes key positions across Asia, America, Europe, and Oceania. Mr. Zhai has held senior roles at notable firms such as EDS (now part of HP), Kearney, Egon Zehnder, and Russell Reynolds. Notably, he also played critical roles at high-growth ventures like NIO, where he served as Chairman of NIO Global User Trust and CEO of Canoo (Go EV) China, attributing further credibility to his leadership.

The announcement from NWTN's board reflects their enthusiasm for Mr. Zhai's capabilities: "We are excited to have Mr. Zhai lead the company's transformation and growth in this next phase. His impressive track record in the technology sector aligns perfectly with our vision."

Under Mr. Zhai's guidance, NWTN is planning to implement a transformative strategy based on three key pillars:

1. Global Smart Innovation: This initiative aims to broaden the company’s product offerings beyond NEVs into autonomous logistics systems, drones, smart wearables, and other advanced smart devices. This diversification is set to position NWTN at the forefront of the smart technology sector.

2. Advanced Manufacturing in UAE: NWTN intends to establish the NWTN Smart Industrial Park in Abu Dhabi, incorporating research and development, vehicle assembly, and production of intelligent equipment. This strategic move aims to enhance smart manufacturing capabilities within the region, aligning with the UAE's vision for technological advancement.

3. Industrial-Digital Finance Convergence: Utilizing the UAE's strengths in industry policy, technology, and talent, NWTN plans to establish a robust model that integrates technology, manufacturing, and capital resources.

Mr. Zhai expressed his optimism about the company's direction: "NWTN is embarking on an exciting journey fueled by artificial intelligence, electrification, and a new era of globalization. The UAE stands as our global hub. We are determined to build a platform that combines smart manufacturing, agile supply chains, and industrial-digital finance, ensuring NWTN becomes a vehicle of intelligence and connectivity in the digital age."

This executive change is viewed as not just a leadership transition, but a vital part of a strategic overhaul aimed at capitalizing on emerging global trends in technology and sustainability. NWTN's commitment to innovation resonates strongly with its mission to not only lead the energy vehicle sector but to shape the future of smart technologies on a global scale.

As the company continues to evolve, all eyes will be on Mr. Zhai's leadership to steer NWTN into a new era of technological integration and global outreach.

About NWTN

NWTN is recognized as a global innovator in the fields of smart electric vehicles, green energy solutions, and advancements in autonomous driving technologies, with its headquarters firmly established in Dubai, UAE.