UAE Business: M Glory breaks ground on e-vehicle manufacturing plant in Dubai – Gulf Digital News

  • Date: 29-Mar-2022
  • Source: Gulf Digital News
  • Sector:Economy
  • Country:UAE
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UAE Business: M Glory breaks ground on e-vehicle manufacturing plant in Dubai – Gulf Digital News





UAE-based M Glory Group today (March 28) laid the foundation stone for the country's first industrial facility for manufacture of electric vehicles (EV) at Dubai Industrial City, being set up at an investment of AED1.5 billion ($408.3 million). 

The sustainable industrial facility, with advanced capabilities will be the UAE’s first plant of its kind and is expected to produce 55,000 cars per year to meet a rising demand for green mobility solutions.

The new factory, being built on a total land area of 1 million sqft, will create more than 1,000 jobs and comes as part of M Glory's future expansion plans.

Announcing the new venture, the company officials said the group aims to benefit from the Fourth Industrial Revolution and sustainability by employing future technologies and robotics in the manufacture of EVs. 



The corporation’s new facility will be an extension to their portfolio, which includes robotics engineering and artificial intelligence as well as sustainable real estate. 







These electric cars will be exported to the wider GCC region, Egypt, Tanzania, Senegal, Mali and Kenya, it stated.





During the event, M Glory unveiled its first fully electric car named 'Al Damani - DMV300'.