The first ever super car factory in Dubai will come into reality. In just the recently concluded Step Conference 2015, Ralph Debbas, designer of the 3rd most expensive car in the world Lykan Hypersport (one of the super cars to be used in Fast and Furious 7) and CEO of Lebanon-based W Motors, announced that the first ever Super Car factory will be built in Dubai and will start car production in January 2016.
Lykan Hypersport via Brunooooo from Wikimedia Commons |
Aside from the first ever super car factory, Ralph Debbas also said that the first ever automotive school and car design institute, UAE Academy, will be opened for students in the Middle East that would like to specialize in the automobile design industry (which I'm sure will be a lot because of how Dubai Elites love cars). The school will have a starting capacity of 1,000 students and will open in 2017.
This move will really put Dubai in the car industry map as before, super cars were only manufactured in either Europe or America. Now, Dubai will be proud to say that the Bugatti Veyron's, Aston Martin's or Ferrari's that we're (haha yes including us lol) driving were made here in Dubai locally! Now that would be amazing!
A Super Car factory in Dubai or in the Middle East is really ideal as the tax-free materials that the region offers and the much cheaper labor costs compared to the Western counterparts will allow manufacturers to lower down the costs of these super cars (hopefully!) and still keep the same profit. Making it possible to open up another market for possible additional client class pool.
According to Ralph Debbas, they will start producing a meager 35 cars a year in 2016 and will plan to increase it to an ideal of 200 cars a year in the foreseeable future.
On a side note, the Lykan Hypersport is about to debut in the much awaited movie Fast and Furious 7 movie, showing today in Abu Dhabi and tomorrow in Dubai.
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