Qatar Free Zones Authority announced the signing of an agreement to establish the first factory to assemble electric vehicles in Ras Bufontas Free Zone, with “Gaussin Advance Mobility” Company. The 20 million euros joint venture between the French Gaussin Company and Al Attiya Motors and Trading Company, is set to assemble electric vehicles and accelerate the deployment of emission-free vehicles.
The signing ceremony which was held in the Business Innovation Park at Ras Bufontas Free Zone, was attended by H E Ahmad bin Mohammed Al Sayed, the Minister of State and Chairman of QFZA, Abdul Aziz Al Attiya, Chairman of Al Attiya Motors and Trading Company, Christophe Gaussin, Chief Executive Officer of Gaussin Company through video conference from France and, and Lim Meng Hui, CEO of QFZA, and Senior Officials from QFZA.
The agreement was signed by Abdulla Al Misnad, Deputy Chief Executive Officer of QFZA; Christophe Gaussin, Chief Executive Officer of Gaussin Company through video conference, and Mohammad Maali, CEO of Al Attiya Motors and Trading Company
“We welcome the establishment of the Gaussin Advance Mobility Company, which will pave the way for the establishment of the first electric vehicle assembly factory in Qatar. At the national level, this partnership will allow us to further support our national champions, in addition to establishing an R&D center to support the development of vehicle technologies and products, which will in turn support the growth and success of these companies in this vital sector in Qatar,” Chairman of QFZA said.
“This will become one of the most technologically advanced machines dedicated to serving Seaports, Airports, Logistics and Smart cities in Qatar. This partnership promises to provide outstanding opportunities that will benefit both the region and the globe,” Al Attiya said.
“As the world moves to find more sustainable modes of business and production, we are proud that this agreement is helping contribute to a cleaner, smarter future for the automotive industry. This is also an opportunity for Qatar to become a leader in the export of electric vehicles through seeing the joint venture work with national suppliers to provide the factory’s products and to manufacture the components used in these products,” Al Misnad said.
The Peninsula
19/09/2020
