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Industry Update

Dubai-based car manufacturer W Motors has achieved a whopping 400% growth rate in less than two years from 2017 to 2019, according to CEO and founder Ralph Debbas. The company is known for making multi-million dollar cars, including the $3.4m Lykan Hypersport that featured in American action film Fast & Furious 7 in the famous scene that saw it crash through Abu Dhabi’s talent skyscrapers Etihad Towers. The company also boasts an electric car making division called Iconiq, which it launched in partnership with a Chinese firm to create level 4 and 5 autonomous cars.


Source; https://www.arabianbusiness.com/transport/417210-dubais-w-motors-reveals-400-growth-in-less-than-2-years