Neta Auto, Hozon Auto’s electric vehicle (EV) brand, will conduct research and testing of smart car technologies within the new Smart and Autonomous Vehicles Industry (SAVI) cluster in Abu Dhabi. Spearheaded by the Abu Dhabi Department for Economic Development (ADDED) and Abu Dhabi Investment Office (ADIO), the fully integrated cluster headquartered in Masdar City provides state-of-the-art facilities, value add services, and regulatory enablement to support the design, testing and manufacturing of autonomous vehicle applications.
Neta Auto will be able to test its latest technologies at the testing zone in Yas Island. The island offers an established road mobility test bed with a growing number of incorporated technology startups.
Badr Al-Olama, Director General of Abu Dhabi Investment Office (ADIO), said: “SAVI is proud to welcome Neta Auto to Abu Dhabi and we are excited to support the company in developing smart and autonomous vehicles on Yas Island, and becoming a beacon for others to follow in the EV and battery cell sectors.”
Zhang Yong, co-founder and CEO of NETA Auto, said: “Abu Dhabi is an open, inclusive and vibrant city. The Smart and Autonomous Vehicles Industry cluster (SAVI) boasts forward-looking concepts, rich resources and immense prospects for development. NETA Auto will strengthen cooperation in intelligence and electrification and continuously expand partnerships in the future, advancing its globalisation strategy.”
Abu Dhabi is developing comprehensive multi-modal cluster designed to accelerate the deployment of smart and autonomous vehicles across air, land and sea. SAVI brings together all relevant stakeholders to advance value chain development, attract companies from all around the world, enable access to funding and investments, facilitate and fund innovation, streamline regulatory services, and fast track the adoption of future mobility solutions.