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Automakers

Arab investors, long fond of European brands, shift to Chinese EV startups

NWTN SKD plant in Dubai.png
NWTN delivered 20 range-extended electric cars from its Dubai SKD factory to local customers in December. (NWTN)
YJ
By:
Yang Jian
June 29, 2023 03:42 PM

SHANGHAI – Investors from oil rich Arabian countries have long been fond of buying into European luxury and sports car brands such as Mercedes-Benz, Porsche, McLaren and Aston Martin.

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