JV will be headquartered in United Arab Emirates(Web Desk): JW Group, a Pakistani industrial conglomerate, announced to establish a commercial vehicle joint venture (JV) named RoBUS with Robo.ai Inc., a NASDAQ-listed technology company. Under the JV, Robo.ai will contribute capital market support, brand-building expertise, and market expansion facilitation in the Middle East and globally. Whereas, JW Group is expected to provide manufacturing capacity through its overseas facilities and extend market reach via its network of more than 400 distributors. “The creation of RoBUS will accelerate the adoption of green and smart commercial vehicles,” said Javed Afridi, Chief Executive Officer of JW Group. JW Group is a leading industrial conglomerate in the Middle East and South Asia, with businesses spanning automotive, home appliances, energy, and real estate.