OMODA & JAECOO set up major spare parts hub in Jafza
UAE - OMODA & JAECOO, leading vehicle manufacturers, have established a 12,000-sq-m regional spare parts distribution hub in Jebel Ali Free Zone (Jafza).
The largest of its kind hub in the Middle East for a Chinese automotive brand, this facility has been launched through a strategic partnership with global logistics leader Maersk.
The hub ensures 100% spare parts availability and delivery within 24 to 48 hours, setting new benchmarks for aftersales support and operational readiness in the region, said Alaa Shata, Regional Brand Manager at OMODA & JAECOO.
Their UAE strategy is underpinned by a strong local presence through partnerships with AutoRun (Dubai), MAHY Khoory Automotive (Abu Dhabi), and Galadari Automobiles (Northern Emirates)—ensuring nationwide access, support, and customer engagement, she said
'OMODA & JAECOO is not simply introducing cars—they're delivering an ecosystem of intelligent mobility built on innovation, service, and user-centric design. Their approach reflects a broader global shift: where success in the automotive industry is no longer defined solely by horsepower or pricing, but by how well a brand integrates with people's lives, values, and aspirations,' Shata said.
Earlier this year, OMODA & JAECOO officially launched in the UAE with three flagship models designed for a new generation of drivers -- the intelligent and tech-forward OMODA C5, the versatile JAECOO J7, and the premium off-road-capable JAECOO J8. These vehicles bring together artificial intelligence, advanced driver assistance systems, and a design language tailored to digital lifestyles. With features like AI-powered cockpits, adaptive driving modes, and elevated in-cabin connectivity, they represent a clear shift toward more experiential, future-focused driving. - TradeArabia News Service
Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arabian Post
2 days ago
- Arabian Post
Nvidia Chief Sounds Alarm Over China's AI Surge Amid U.S. Export Controls
Nvidia CEO Jensen Huang has issued a stark warning that U.S. export restrictions on advanced semiconductors are inadvertently accelerating China's progress in artificial intelligence , potentially undermining America's technological leadership. Huang contends that the sanctions, intended to curb China's access to cutting-edge AI chips, have instead galvanized Chinese firms to develop domestic alternatives. 'The Chinese competitors have evolved,' Huang remarked, highlighting Huawei's rapid advancements. He emphasized that companies like Tencent are significantly enhancing their capabilities annually, indicating a swift narrowing of the technological gap. The U.S. government's export controls, initiated in October 2022, aimed to limit China's access to advanced computing and semiconductor manufacturing items, citing national security concerns. These measures have restricted Nvidia from selling its high-performance AI chips, such as the Hopper series, to Chinese firms. Consequently, Nvidia anticipates an $8 billion revenue loss in the current quarter due to the curbs, following a $4.5 billion charge in the previous quarter. ADVERTISEMENT Despite these setbacks, Nvidia reported a 69% year-over-year revenue increase, reaching $44.1 billion in the first quarter. This surge is attributed to global demand for AI infrastructure, with significant growth observed in markets like the Middle East and Taiwan. However, the loss of the Chinese market, previously accounting for a substantial portion of Nvidia's sales, poses a significant challenge. Huang criticized the underlying assumption of U.S. policy that China lacks the capability to produce advanced AI chips. 'That assumption was always questionable, and now it's clearly wrong,' he stated, noting that China's AI ecosystem is rapidly maturing. He warned that shielding Chinese chipmakers from U.S. competition only strengthens them abroad and weakens America's position. The impact of U.S. sanctions has been profound. Nvidia's market share in China has plummeted from 95% before 2022 to 50% currently. In response, the company is developing a variant of its Blackwell AI chip tailored for the Chinese market, aiming to comply with export regulations while maintaining a presence in the region. Chinese companies have seized the opportunity to fill the void left by U.S. firms. Huawei, for instance, has made significant strides in AI hardware, reportedly outperforming Nvidia in certain benchmarks despite using less sophisticated chips. Similarly, Cambricon Technologies has experienced a resurgence, achieving its first-ever quarterly profit and seeing a 383% rise in shares in 2024, driven by increased domestic demand for AI processors. The broader implications of these developments are significant. China's 'Made in China 2025' initiative, aimed at achieving self-sufficiency in key technologies, has gained momentum. The country has achieved global leadership in several sectors, including electric vehicles and solar panels, and is rapidly closing the gap in others.
Arabian Post
3 days ago
- Arabian Post
A Decade of Excellence: Huatai Securities Celebrates H-Share Anniversary
Huatai Securities has continuously expanded its international presence since its H-share listing a decade ago. Over the past ten years, Huatai Securities has facilitated nearly 600 domestic and international financing deals for enterprises globally, with a total fundraising volume of approximately USD 280 billion. HONG KONG SAR – Media OutReach Newswire – 30 May 2025 – As Huatai Securities approaches the 10th anniversary of its H-share listing, the Company recently hosted a forum in Hong Kong themed 'Technology Reshaping Hong Kong's Financial Future,' underscoring its commitment to expanding its international presence by fostering innovation and collaboration in Hong Kong and beyond. The event convened guests from the government, academia, business partners, and the investment community to explore strategic pathways for Chinese enterprises to leverage Hong Kong in the restructuring of global industrial chains. Paul Chan, Financial Secretary of the Hong Kong SAR, delivered the opening remarks at the forum, stating: 'Over the past decade, Hong Kong's capital market has continuously advanced through reforms, significantly enhancing its role in connecting the Mainland and the world. Amidst rapid global changes, China's innovative technology sector and its emerging enterprise value are creating new development opportunities for Hong Kong's financial market. Chinese financial institutions are key to this progress, and the SAR government anticipates collaborative efforts to accelerate our capital markets' development.' ADVERTISEMENT Carlson Tong, Chairman of Hong Kong Exchanges and Clearing Limited, emphasized the importance of Hong Kong as the Mainland's preferred offshore financing destination: 'In the past decade, Hong Kong has raised over USD 300 billion in IPOs, primarily driven by Chinese enterprises. With technological innovation increasingly shaping our capital market, Hong Kong continues to provide vital financing channels for the global expansion of outstanding Chinese tech companies through ongoing institutional innovation.' Over the past decade, Hong Kong has solidified its position as a leading financial hub, achieving HKD 2.2 trillion in IPO fundraising and ranking first globally on four occasions. As the IPO market regains its status as the second-largest globally in 2025, the increasing interest of Chinese technology companies in international capital reflects a broader transformation within Hong Kong's financial landscape. In this dynamic environment, Huatai Securities has emerged as one of the main participants in Hong Kong's capital markets. Since the Company's H-Share listing, Huatai has facilitated nearly 600 financing deals, amassing a total fundraising volume of approximately USD 280 billion. Since 2022, the Company has sponsored 29 IPOs in Hong Kong, ranking second among all market participants. In the first five months of 2025 alone, the Company sponsored 6 IPOs, maintaining its second-place ranking.[1] Its international footprint extends beyond Hong Kong, with operations in the United States, a GDR listing on the London Stock Exchange, and a licensed subsidiary in Singapore. Zhou Yi, CEO of Huatai Securities, remarked: 'Hong Kong's strengths as an international financial center have been instrumental in helping Chinese enterprises, including Huatai Securities, grow and succeed globally over the past decade. Our focus on client service, innovation, technology, and international expansion has driven our transformation into a global firm. Looking forward, we will continue to partner with domestic and international players to explore new opportunities and create mutual value.' The forum also featured insights from Professor Li Zexiang of HKUST, founder of XbotPark, who shared key achievements from his decade-long efforts to integrate industry, academia, and research. Entrepreneurs from sectors including biopharmaceuticals, consumption, and autonomous driving gathered to discuss how industrial trends and technology shifts are reshaping global strategies and competitiveness for enterprises. Hashtag: #Huatai #HuataiSecurities The issuer is solely responsible for the content of this announcement. About Huatai Securities Incorporated in April 1991, Huatai Securities is a leading technology-driven securities group in China, with a highly collaborative business model, a cutting-edge digital platform and an extensive and engaging customer base. It provides comprehensive financial services to individual and institutional clients, including wealth management, investment banking, sales and trading, investment management, among others, with a substantial international presence.
Al Etihad
3 days ago
- Al Etihad
Aletihad receives delegation of senior Chinese media representatives
30 May 2025 00:25 ABU DHABI (ALETIHAD)Zhao Liang, Charge d'affaires of the Embassy of the People's Republic of China in the UAE, has visited the Aletihad News Center, accompanied by a high-level delegation of Chinese media the visit, Dr. Hamad Al Kaabi, Chief Aletihad News Center Officer, received the Chinese delegation, during which Zhao highlighted the growing role of the media in strengthening relations between the UAE and China and praised Aletihad's pioneering and influential Dr. Al Kaabi welcomed the visiting delegation, he stressed the importance of consolidating bilateral cooperation in the media two sides discussed avenues for future cooperation, including the exchange of expertise, joint media initiatives, and innovation in digital journalism. They agreed on the media's vital role in promoting mutual understanding and developing cultural and strategic relations between the two countries.
