Robo.ai Inc. (NASDAQ:AIIO) on Monday said it will set up a commercial vehicle joint venture with Pakistan’s JW Group, as part of its strategy to expand into green mobility and smart city development. The company said the venture, named RoBUS, will be headquartered in the United Arab Emirates. Robo.ai also appointed River Zhang as its Chief Industrial Officer and President of RoBUS. Zhang, a former senior executive at NIO (NYSE:NIO), Ford (NYSE:F) and Volvo (OTC:VLVLY), has overseen the launch of nearly 20 ...