The Abu Dhabi Investment Office (ADIO) and the California-based global shared intelligent electric mobility ecosystem company Faraday Future Intelligent Electric Inc. recently announced that FF is all poised to bring out their Generative AI and Advanced Intelligent electric vehicle capabilities to the UAE capital’s Smart and Autonomous Vehicles Industry (SAVI) cluster.
Industry sources added that Faraday Future, which recently launched its limited-edition FF 91 2.0 Futurist aiFalcon model in the Middle East, pairs up with a growing cohort of firms committed to establishing a presence in the SAVI cluster. Abu Dhabi’s fully integrated SAVI Cluster offers state-of-the-art facilities, services, and regulatory enablement to enable the design, testing, and manufacturing of applications for transportation and mobility on air, land, and sea, as well as to service other sectors such as logistics is centered around Abu Dhabi’s Masdar city.
Industry sources added that headquartered in Los Angeles, FF designs and engineers next-generation intelligent electric connected vehicles focused on Ultimate Intelligent TechLuxury. The firm has developed a generative AI product stack for utilization in its cars. ADIO will work with FF as it looks to establish a regional headquarters, manufacturing facility, and an advanced research and development (R&D) centre focusing on next-generation electric vehicle and AI technology in Abu Dhabi and exploring UAE capital markets activities.
Industry sources also added that ADIO and FF will be deploying their resources to develop leading regulatory frameworks that boost the creation of advanced smart autonomous vehicle solutions and applications.
Badr Al-Olama, Director General of ADIO, stated: “SAVI stands at the forefront of innovation across air, land and sea mobility. The cluster is attracting exceptional companies with both the ambition and the ability to disrupt and reshape the future of transportation. FF will deepen Abu Dhabi’s EV industry while bringing new expertise in generative AI and shared intelligent mobility.”
“This collaboration with ADIO to support SAVI’s efforts helps to explore both joint brand product and partnership opportunities in the UAE and will build on the company’s momentum,” stated Matthias Aydt, Global CEO of FF. “In addition to our recently announced plans to enter the UAE market as early as 2024 with FF 91 2.0 Futurist aiFalcon model, this agreement is a strong first step toward realizing that goal. We believe this development further validates FF’s global strategy plans and our products and technology, given that the UAE is one of the top luxury markets in the global automotive industry.”
“We are very excited to be able to support this collaboration. We appreciate FF strategic partners and FF Middle East board members, Sheikh Abdulla Al Qassimi, CEO of Master Investment Group, and Mr. Ahmed Al Otaiba, Chairman of Siraj Holding LLC for their great contributions. We look forward to a successful long-term partnership and bringing unique value to support SAVI’s vision and development,” stated Jerry Wang, President of FF Global Partners LLC.
Industry sources also added that FF’s Abu Dhabi R&D centre will look to boost the pace of AI and electric vehicle innovation for mobility applications. It will also oversee the partnerships and technology transfer initiatives with universities across Abu Dhabi. Abu Dhabi’s SAVI cluster builds on the power of Abu Dhabi’s industrial base and supports the UAE’s target of half of all cars on the roads being electric by 2050. SAVI will be utilizing Abu Dhabi’s unparalleled access to established air corridors, road infrastructure, and global seaports. The cluster houses academia, test zones, R&D labs, testing and certification facilities, large-scale workshops, hangars, and manufacturing facilities, connected through Abu Dhabi’s global logistics network.
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