Robo.ai and Eleven International Holdings agree Abu Dhabi Alif Holding joint venture
Robo.ai and Eleven International Holdings signed a joint-venture agreement for the proposed establishment of majority-controlled Alif Holding in Abu Dhabi. The venture targets robotics, automation and industrial AI, with local engineering, assembly and production planned.
Evidence notes
- Robo.ai is expected to hold a controlling stake in the proposed Alif Holding.
- The venture targets robotics, automation and industrial-AI systems.
- Local engineering, assembly and production are planned in Abu Dhabi.
Company context
Robo.ai is a Nasdaq-listed AI and robotics company developing partnership-led platforms across smart vehicles, robotics, logistics and industrial automation.