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Robo.ai And Ewatt Aerospace Launch RoVTOL JV In UAE To Focus On Global Expansion Of eVTOL Aircraft

Benzinga·09/10/2025 11:54:44
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Robo.ai Inc. (NASDAQ:AIIO), a Nasdaq-listed company, and Ewatt (Nanjing) Aerospace Technology Co., Ltd. ("Ewatt Aerospace") today officially announced the establishment of "RoVTOL", a joint venture in the UAE, focused on the global deployment of electric vertical take-off and landing (eVTOL) aircraft. The companies simultaneously announced key management appointments: Benjamin Zhai, CEO of Robo.ai, will serve as Chairman of RoVTOL, and Steven Wang, Chief Product Officer of Ewatt Aerospace, will assume the role of CEO of RoVTOL. This collaboration marks another substantial step forward for Robo.ai in the fields of "Smart Mobility, Smart Devices, and Smart Contracts".