Abu Dhabi has signed agreements with 25 global companies to join its newly established cluster for the development of high-tech vehicles over the next three months, as part of the emirate's push into advanced manufacturing and sustainable mobility.
The companies joining the Smart and Autonomous Vehicle Industry (Savi) cluster in Masdar City specialise in autonomous taxis, underwater drones, robotic installations and artificial intelligence, Massimo Falcioni, chief competitiveness officer at the Abu Dhabi Investment Office (Adio), told The National, on Tuesday.
The 25 companies signed on by Adio are from Korea, China and the US, he said on the sidelines of the UN Conference on Trade and Development (Unctad)'s World Investment Forum in Abu Dhabi.
These are in addition to the six companies that were announced earlier this week, bringing the total to more than 30 companies at Savi.
Together they represent "several tens of millions of dollars" in investment from the diverse companies ranging from start-ups to large, well-established manufacturers, Mr Falcioni said.
"To be a smart city you will need a lot more usage of this kind of autonomous transportation, reducing CO2 emissions because these vehicles optimise routes and integrating data between the vehicle and the passenger," he said.
"So this is an important step by Abu Dhabi towards becoming a smart city."
On October 16, Adio said it signed deals with commercial helicopter operator Abu Dhabi Aviation and Chinese electric vehicle brand Neta Auto to join Savi. It also announced a partnership with California-based aircraft company Archer Aviation to start all-electric air taxi operations in the UAE in 2026.
On October 15, Adio said it signed agreements with California-based electric aircraft maker Joby Aviation, Chinese autonomous vehicle start-up WeRide and the UAE's unmanned maritime systems company Marakeb Technologies to join the high-tech cluster.
"I will not be surprised in no more than 12 to 18 months to see to see big, big development of autonomous vehicles," Mr Falcioni said.
The Masdar City-based cluster, which was announced on October 13, will develop smart and autonomous vehicles for air, land and sea use.
It is expected to contribute between Dh90 billion ($24.5 billion) and Dh120 billion ($32.7 billion) to the UAE's economy and generate up to 50,000 jobs, officials said last week.
The move comes as the UAE strives to increase the contribution of its industrial sector to the gross domestic product, develop advanced technologies in manufacturing, introduce smart mobility into the mainstream market and work on sustainable transport systems.
Panipat
Director Ashutosh Gowariker
Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment
Cast Arjun Kapoor, Sanjay Dutt, Kriti Sanon, Mohnish Behl, Padmini Kolhapure, Zeenat Aman
Rating 3 /5 stars
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
'Ashkal'
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Test
Director: S Sashikanth
Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan
Star rating: 2/5
BUNDESLIGA FIXTURES
Friday (all kick-offs UAE time)
Hertha Berlin v Union Berlin (10.30pm)
Saturday
Freiburg v Werder Bremen (5.30pm)
Paderborn v Hoffenheim (5.30pm)
Wolfsburg v Borussia Dortmund (5.30pm)
Borussia Monchengladbach v Bayer Leverkusen (5.30pm)
Bayern Munich v Eintracht Frankfurt (5.30pm)
Sunday
Schalke v Augsburg (3.30pm)
Mainz v RB Leipzig (5.30pm)
Cologne v Fortuna Dusseldorf (8pm)
Thor: Ragnarok
Dir: Taika Waititi
Starring: Chris Hemsworth, Tom Hiddleston, Cate Blanchett, Jeff Goldblum, Mark Ruffalo, Tessa Thompson
Four stars
MATCH INFO
Arsenal 1 (Aubameyang 12’) Liverpool 1 (Minamino 73’)
Arsenal win 5-4 on penalties
Man of the Match: Ainsley Maitland-Niles (Arsenal)
UAE currency: the story behind the money in your pockets
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Killing of Qassem Suleimani