Astra, a Subsidiary of Robo.ai, Secures Development and Procurement Order for 30,000 Smart Electric and Autonomous Vehicles (AEVs) with W Motors

Robo.ai Inc. (NASDAQ: AIIO) today announced that its wholly owned subsidiary, Astra Mobility Meta (Cayman) Limited (“Astra”), has entered into a commercial agreement with Dubai-headquartered W Motors Automotive Group (“W Motors”) to co-develop and produce a new generation of intelligent electric last mile and autonomous multi-purpose vehicles. Under the agreement, following the successful development and testing of the vehicles, W Motors plans to procure no fewer than 30,000 vehicles from Astra over the next five years.
https://www.prnewswire.com/news-releases/astra-a-subsidiary-of-roboai-secures-development-and-procurement-order-for-30-000-smart-electric-and-autonomous-vehicles-aevs-with-w-motors-302579673.html