AUAE firm will partner with a Chinese manufacturer to build electric-powered aircraft and passenger drones in Abu Dhabi.
Monarch Holdings, based in Abu Dhabi, and EHang Holdings, based in China, have signed a partnership agreement to establish the Middle East and North Africa’s first facility to manufacture and operate sustainable, electric-powered aircraft and drones for passenger and cargo transportation in Abu Dhabi.
The announcement is in line with the Abu Dhabi Industrial Strategy initiatives, such as Industry 4.0’s innovative technologies, a new circular economy regulatory framework, green policies, and incentives to accelerate the UAE’s transition to a smart, circular, and sustainable economy.
