Page 99 - 7X PR REPORT MAY 2025
P. 99

5/16/25, 2:02 PM                                 7X and Zelostech ink joint venture agreement
        line, gaining in-depth insights into the company’s core competencies and various manufacturing
        processes.


        As part of the agreement, a joint venture (JV) will be established to deliver urban logistics solutions by
        combining 7X’s expertise, network, and operational infrastructure, powered by its logistics arm, EMX,

        with Zelostech’s advanced capabilities in autonomous system development and hardware-software
        integration. In its initial phase, the venture will primarily support EMX’s delivery operations, aiming to
        improve last-mile delivery efficiency and service quality, with plans to gradually expand services to third
        parties in the UAE.



                                                         ADVERTISING































        As the project progresses toward commercialisation and large-scale operations, the JV will establish its
        regional headquarters in the UAE, serving regional players across the wider GCC and Middle East. The
        aim is to establish a model ecosystem for autonomous logistics, supporting smart city development and

        the sustainable transformation of transportation networks.


        Tariq Al Wahedi, Acting Group CEO of 7X, stated: “This partnership marks a pivotal moment in our
        mission to reshape the future of trade, transport and logistics across the region. By joining forces with
        Zelostech, we are not only accelerating the development of an autonomous delivery ecosystem, but also
        advancing shared priorities around smart mobility, sustainability, and technological innovation. This

        initiative aligns with broader national visions, including the UAE Green Agenda 2030, and reinforces our
        commitment to pioneering solutions that define the next era of logistics.”


        Kong Qi, CEO of Zelostech, remarked: “Our strategic alliance with 7X is a part of our broader
        internationalisation vision. We firmly believe that by leveraging our combined capabilities, we can build a

        robust autonomous delivery solution, personalised for the Middle Eastern market. Furthermore, this is a




      https://www.zawya.com/en/press-release/companies-news/7x-and-zelostech-ink-joint-venture-agreement-u86cc5lm   2/3
   94   95   96   97   98   99   100   101   102   103   104