NWTN Announces its KEZAD Facility in the UAE Receives ISO Accreditations

DUBAI, United Arab Emirates (UAE), 6 April 2023 – NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world ("NWTN"), today are proud to announce that its first electric vehicle (EV) assembly facility located in the Khalifa Economic Zone Abu Dhabi (‘KEZAD’) was successfully accredited with ISO 9001, ISO 14001, and ISO 45001 - Integrated Management System (‘IMS’). The ISO certifications represent a commitment to high standards of quality management, environmental management, and safety management.

The IMS standard is based on a number of QHSE management principles including a strong customer focus, the commitment and motivation of top management, a process approach and continual improvement.

The ISO IMS accreditation helps improve service for customers, as continual improvement ensures that NWTN’s business operations becomes more efficient and maintains a high standard of service delivery. This will support NWTN’s goal of being customer centric in the international electric vehicle market. As well as benefitting valued customers, the new accreditation will also benefit NWTN’s staff, as improved operations can increase employee job satisfaction.

NWTN is extremely proud of this achievement as it will enable its KEZAD facility to continually improve the quality of its products and services, which in turn increases the satisfaction of customers, employees, shareholders, and suppliers. As the first UAE-based EV company listed on the Nasdaq Stock Market, NWTN has received strong financial and policy support from the local government.

NWTN completed construction of its facility in KEAZD at the end of 2022. The facility measures approximately 270,000 square feet and received its commercial and industrial licences in February of 2023. The KEZAD facility enables NWTN to address the rapidly growing demand for EVs in the UAE and the Middle East, promote green mobility, and accelerate the sustainable energy transformation in the UAE. At present, the production line is nearly complete, and NWTN has been working with BASF, the chemical company for paint surface refinishing as well as manufacturing safety training.

These developments at NWTN's plant in KEZAD indicates that this UAE-headquartered emerging company is progressing smoothly. Thanks to the unique capital and location advantages of the UAE as well as opportunities to capitalize on an advanced supply chain system in China, NWTN believes it has the potential to become a dazzling pearl in the global new energy industry chain.

In another development, NWTN completed a customer order with the delivery of 10 range-extended electric vehicles (R-EEV) this week. The delivery continues NWTN’s plan to provide the UAE market with a range of innovative products and solutions to promote the region’s transformation to sustainable energy. The R-EEVs are uniquely suited to the UAE market. The vehicle’s range-extended technology overcomes the problems of limited charging facilities in the UAE and the long distances often travelled in the country.

ABOUT NWTN

NWTN is a pioneering green technology company with a mission to bring premium passenger-centric mobility and green energy solutions to the world. Headquartered in Dubai and with its manufacturing facilities in Abu Dhabi, UAE, NWTN aims to integrate avant-garde design, life-style personalization, IoT connectivity, autonomous driving technology, and green energy eco-systems to its future mobility solutions. Its core technology includes modular pure electric platforms, battery packing and management technology, a digital on-board connectivity system, continuously upgraded electric and electronic architecture as well as autonomous driving technology.

NWTN focuses on growth and development in the entire value chain of clean energy applications in the UAE and intends to expand to the Middle East, North Africa, and other Southeast Asian and European territories.

For further information, please visit: https://www.nwtnmotors.com.

FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are characterized by future or conditional verbs such as "may," "will," "expect," "intend," "anticipate," believe," "estimate" and "continue" or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information.

Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to the risk factors contained in NWTN's filings with the Securities and Exchange Commission, which are available for review at www.sec.gov. Forward-looking statements speak only as of the date they are made. New risks and uncertainties arise over time, and it is not possible NWTN to predict those events or how they may affect NWTN. If a change to the events and circumstances reflected in NWTN's forward-looking statements occurs, NWTN's business, financial condition and operating results may vary materially from those expressed in NWTN's forward-looking statements.

Readers are cautioned not to put undue reliance on forward-looking statements, and NWTN assumes no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT
For investor enquiries:
Michael Bowen
nwtnir@icrinc.com

For media enquiries:
Edmond Lococo
nwtnpr@icrinc.com