UAE and China to build air taxis in Abu Dhabi

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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.

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UAE and China to build air taxis in Abu Dhabi

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.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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