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NWTN Secures $100 Million Investment from UAE Investment Institution to Advance 'We the UAE 2031' Vision
ByAinvest
Wednesday, Jul 16, 2025 10:10 am ET1min read
NWTN Inc., a UAE-based NASDAQ-listed company, has signed an agreement with SEET LLC, a subsidiary of Medad Holding, for a $100 million strategic equity investment. This acquisition will bolster NWTN's position as a UAE leader in clean energy, mobility, and high-end manufacturing, aligning with the "We the UAE 2031" national vision. The partnership will focus on urban mobility, AI, smart energy, and blockchain technology. SEET LLC will become NWTN's largest shareholder.
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