Robo.ai to Buy 51% Stake in Chinasky Car Trading FZE

Reuters02-25 20:57
Robo.ai to Buy 51% Stake in Chinasky Car Trading FZE

Robo.ai Inc. entered a definitive share purchase agreement to buy a 51% stake in UAE-based Chinasky Car Trading FZE, aiming to turn the target’s Jebel Ali Free Zone trade network into a global distribution hub for Robo.ai’s intelligent hardware portfolio. The company said the deal is intended to speed market entry for future products including robotaxis, eVTOL aircraft and logistics robots, while giving its RoBUS commercial vehicle joint venture access to CCT’s channels across more than 20 markets. Robo.ai noted CCT generated over AED 100 million in fiscal 2025 revenue and provides services such as vehicle sales, leasing, after-sales support and supply chain finance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Robo.ai Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602250756PR_NEWS_USPR_____CN95517) on February 25, 2026, and is solely responsible for the information contained therein.

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