Opportunity Overview & Value Propositions
The Aluminum Extrusion plant is to produce specific aluminum-based Electric Vehicle components: EV Battery Cell, Sunroof Frame, Vehicle Body, Chassis & Sub assembles, Sill & Rockers, Front, and Rear bumpers
Value Propositions:
- EV’s are the future of the automobile industry companies Battery range is at the forefront of EV innovation
- Automobile weight is inversely correlated to vehicle efficiency and range
- Aluminium weighs about one third of steel per cubic foot.
- Source locally cost competitive aluminium billets
- Up to 40% of vehicle can be manufactured using aluminium
- Produce custom-made extruded components for an ultra high growth market
- Leverage a thriving local aluminium ecosystem and create downstream synergy
- Expected increase in demand for EV aluminium components due to establishment of multiple EV production facilities across the region
Value Chain
Value Chain Analysis
-
High
localization in UAE -
Limited
localization in UAE -
Mid
localization in UAE
Global and UAE market size
2022-2032 (Bn AED)
Stay in touch
Email
investments@moiat.gov.ae
Call Center Number
600565554
Contact With
MOIAT Investment Office
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