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AIIO vs SAH

Robo.ai Inc. Class B Ordinary Shares and Sonic Automotive, Inc.

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Robo.ai Inc. Class B Ordinary Shares

Robo.ai Inc., a smart passenger vehicle company, provides passenger-centric mobility and green energy solutions in the United States, the United Arab Emirates, and Mainland China. The company develops electric vehicles, including MUSE, GHIATH, and autonomous logistics vehicles; and Astra that offers intelligent logistics, automatic delivery, and shared travel solutions. It is also involved in the wholesale and retail of vehicles; and sale of auto parts and materials. In addition, the company provides business management, operations, commercialization, and warranty, as well as design and technology development services. The company was formerly know as NWTN, Inc. and change its name to Robo.ai Inc. in August 2025Robo.ai Inc. is headquartered in Dubai, the United Arab Emirates.

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Sonic Automotive, Inc.

Sonic Automotive, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It operates in three segments: Franchised Dealerships, EchoPark, and Powersports. The Franchised Dealerships segment engages in the sale of new and used cars and light trucks; sale of replacement parts; provision of vehicle maintenance, manufacturer warranty repairs, and paint and collision repair services; and arrangement of third-party financing, extended warranties, service contracts, insurance, and other aftermarket products. Its EchoPark segment sells used cars and light trucks; and arranges third-party finance and insurance product sales for its guests in pre-owned vehicle specialty retail locations. The Powersports segment engages in the sale of new and used powersports vehicles, such as motorcycles, personal watercraft, and all-terrain vehicles; and provision of fixed operations services, and third-party finance and insurance services. Sonic Automotive, Inc. was incorporated in 1997 and is based in Charlotte, North Carolina.

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