Clean Motion AB has signed a Memorandum of Understanding with Averroes Tech Manufacturing L.L.C, a Dubai-based renewable energy and e-mobility company, establishing a strategic partnership for the introduction, local assembly, and local manufacturing of Clean Motion products across the Gulf region.
Clean Motion has for some time explored various opportunities in the Gulf region, which it views as a natural fit for solar-powered mobility. Averroes shares Clean Motion's vision for electric and solar-powered mobility and with its regional presence they are well positioned to turn this into reality. The agreement covers Clean Motion's vehicle EVIG but also includes the possibility of introducing future products, modifications, and joint adaptations. The agreed roadmap runs from a demonstration unit deployment in June 2026 followed by a first commercial order by fall 2026. The ambition is to quickly reach at least 40 percent local content and enter into a license agreement in 2027.
"We've had our sights on the gulf-region for quite some time. With Averroes as our partner, we are entering with the right foundation: local knowledge, manufacturing ambition, and a shared long-term view. The timing is no coincidence." said Christoffer Sveder, CCO at Clean Motion AB.
The partnership comes at a moment of accelerating structural demand for electric mobility. The ongoing conflict in the Middle East has triggered what the International Energy Agency has described as the largest oil supply disruption in the history of the global oil market. Governments across the region and beyond are actively encouraging reduced fuel consumption and a shift towards electric alternatives.
"Electric mobility in the Gulf is no longer a question of if, it's a race for who gets there first with the right product. Clean Motion's vehicles are purpose-built for this market, and together we're not just entering the region - we're building something that lasts," said Emil Cronholm Baumer, Head of Growth & Branding at Averoes Tech Manufacturing L.L.C.
For the Gulf-region, the case for solar-powered urban mobility has never been stronger. The region's governments face sustained pressure to reduce fossil fuel dependency while managing some of the world's most energy-intensive urban environments. Clean Motion's lightweight, purpose-built electric vehicles are designed precisely for this context.
For more information please contact:
Christoffer Sveder, Chief Commercial Officer
Clean Motion AB
E-mail: christoffer@cleanmotion.se
Phone: +46 76 319 64 31
About Averroes Tech Manufacturing L.L.C
Averroes is a technology company focused on electric mobility and energy solutions with local manufacturing capabilities. The company develops and delivers electric vehicles and battery systems tailored to regional needs, with a strong emphasis on safety, performance, and sustainability. Through innovation and strategic partnerships, Averroes aims to support the transition toward cleaner transportation and energy infrastructure across emerging and established markets.
About Clean Motion
Clean Motion AB is a Swedish company that manufactures and sells truly sustainable vehicles for cities. The vehicles are locally produced and based on energy and resource efficiency to maximize the adoption of electric vehicles globally. The company's vision is to offer city mobility powered by solar energy and therefore provides lightweight electric vehicles with low energy consumption to meet the urban transportation challenges of the 21st century. Clean Motion AB is listed on the First North Growth Market at Nasdaq Stockholm. The Certified Adviser is G&W Fondkommission. For further information, please visit: www.cleanmotion.se
This disclosure contains information that Clean Motion AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 14-04-2026 17:46 CET.
