September 2025 — A landmark agreement has been signed between NWTN Inc. (Nasdaq: NWTN) — soon to be rebranded as Robo.ai Inc. — and JW Group, the parent company of JW Forland. This collaboration marks a turning point for Pakistan’s automotive sector, as it integrates advanced electric vehicle (EV) technologies into local manufacturing and positions Pakistan as an emerging export hub.
Under the terms of the Asset Contribution & Share Issuance Agreement, JW Group has granted NWTN/Robo.ai four-year exclusive rights to operate its 563,000 sq. ft. CKD assembly plant located in the China–Pakistan Special Economic Zone (JW-SEZ) in Lahore. The factory has an annual production capacity of 50,000 vehicles, and NWTN/Robo.ai will also gain access to JW’s nationwide sales and service network of over 400 outlets.
In return, NWTN/Robo.ai will issue 10 million restricted Class B ordinary shares to JW at a fixed price of USD 1.41 per share, valuing the transaction at approximately USD 14.1 million (PKR 3.9 billion). These shares will remain locked for four years, with a 25% release each year.
The agreement further commits JW to facilitate sales of at least 50,000 NWTN/Robo.ai vehicles (both passenger and commercial) over the four-year period, ensuring deep integration into the local market.
With the transition to Robo.ai Inc., the company is signaling a broader strategy — combining AI-driven smart mobility solutions with sustainable automotive manufacturing, and using Pakistan as a launchpad for South Asia, the Middle East, and Africa.
UAE’s “We the UAE 2031” vision and Dubai’s D33 agenda, supporting green technology exports.
Pakistan’s EV policy goals, encouraging local production and reducing reliance on imported vehicles.
Muhammad Javed Afridi, CEO of JW Group, described the venture as “a game-changer for Pakistan’s auto sector and a foundation for building South Asia’s premier EV export base.”
Benjamin Zhai, CEO of NWTN (Robo.ai), emphasized: “This collaboration combines Pakistan’s manufacturing strengths with Dubai’s global trade hub position, accelerating our evolution into a global intelligent manufacturing and smart mobility platform.”