MASHINIi

NWTN Inc..

NWTN.US | Manufacture of motor vehicles

NWTN Inc., formerly ICONIQ Holding Limited, is an automotive technology company focused on the design, development, manufacture, and sale of electric vehicles (EVs). The company is developing a range of passenger EVs, including sedans and SUVs, targeting the premium segment of the EV market. NWTN ai...Show More

Ethical Profile

Mixed.

NWTN Inc. faces significant ethical challenges, including a Nasdaq delisting determination for failing to file its 2024 Annual Report and an ongoing securities fraud investigation concerning potential misleading statements between May 2023 and May 2025. Reports also suggest employee lawsuits related to wage arrears. Critics point to a lack of transparency in its global supply chains, with concerns about human rights risks, including potential forced labor, in battery material sourcing. While electric vehicles inherently contribute to a planet-friendly business model, NWTN's broader environmental and worker respect initiatives lack clear evidence.

Value Scores

Better Health for All20
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

20

NWTN Inc.'s core business involves electric vehicles, hydrogen plants, and other clean technology.

1
These products and services contribute to the decarbonization of the energy sector, which has positive implications for air quality and public health by reducing emissions.
2
This indicates that the company's entire product portfolio delivers exceptional health benefits. There is no evidence of revenue from products with significant negative health impacts.
3
The company's operations in clean technology generate positive health externalities through reduced emissions, leading to measurable community health improvements.
4

Fair Money & Economic Opportunity

0

NWTN Inc. is an automotive technology company focused on electric vehicles. The company does not directly offer lending, deposit, or other financial services to consumers, nor does it have a loan or insurance book. Therefore, all KPIs related to financial products, fees, and customer financial outcomes are not applicable. While NWTN has partnerships that aim to enhance financial inclusion and explore real-world asset tokenization, these initiatives are not directly tied to the company's core business of providing financial services or specific quantitative metrics for inclusion, pricing, or wealth building as defined by the rubric's thresholds for financial institutions.

1
The company does not generate or manage customer finance data, is not regulated as a traditional lender, and does not provide debt products to consumers.

Fair Pay & Worker Respect

0

No evidence available to assess NWTN Inc. on Fair Pay & Worker Respect.

Fair Trade & Ethical Sourcing

0

No specific, concrete data points were found in the provided articles regarding NWTN Inc.'s performance on fair trade and ethical sourcing KPIs.

1
While general industry reports highlight widespread human rights risks, lack of transparency, and potential for forced or child labor in the broader EV battery supply chain, these reports do not provide company-specific evidence or quantitative metrics for NWTN Inc. on any of the defined KPIs.
2

Honest & Fair Business

0

NWTN Inc. has faced significant issues related to financial reporting and regulatory compliance. The company identified material weaknesses in internal control over financial reporting.

1
It failed to file its 2024 Annual Report by the May 27, 2025 deadline, leading to Nasdaq delisting proceedings.
2
The 2023 Annual Report was filed on April 28, 2025, and the H1 2024 interim report on May 12, 2025, both significantly delayed.
3
A federal securities fraud investigation is underway concerning potential misleading statements or omissions between May 25, 2023, and May 27, 2025.
4
Additionally, multiple lawsuits have been filed by employees related to wage arrears, and equity interests of Tianqi New Energy and Shanghai ICONIQ have been frozen.
5
The company also settled winding-up petitions with China Renaissance Securities (Hong Kong) Limited for $4,250,000 and Linklaters LLP for $1,700,000.
6

Kind to Animals

0

No evidence available to assess NWTN Inc. on Kind to Animals.

No War, No Weapons

0

No evidence available to assess NWTN Inc. on No War, No Weapons.

Planet-Friendly Business

0

No evidence available to assess NWTN Inc. on Planet-Friendly Business.

Respect for Cultures & Communities

0

The provided articles do not contain specific, quantifiable evidence directly attributable to NWTN Inc. for any of the defined KPIs related to Respect for Cultures & Communities. While one article mentions NWTN operating a facility within KEZAD (part of AD Ports Group), the extensive community and cultural data in that article is explicitly attributed to AD Ports Group, not NWTN Inc.

1
Therefore, no assessment can be made against the rubric for NWTN Inc.

Safe & Smart Tech

0

The NWTN Home Privacy Policy, last updated January 1, 2025, states that users can review, change, or terminate their accounts and opt-out of receiving correspondence, emails, or other communications.

1
Users can also log into account settings to update their accounts.
2
The company is subject to the PRC Cyber Security Law, PRC Data Security Law, Rules on the Administration of Automobile Data Security (For Trial Implementation), and PRC Personal Information Protection Law (PIPL).
3
The NWTN Home Privacy Policy also refers to California Civil Code Section 1798.83.
4
Newton Crypto Ltd. has a Vulnerability Disclosure Policy and encourages security researchers to report vulnerabilities, with the policy applying to any digital assets owned, operated, or maintained by Newton Crypto Ltd., including public-facing websites.
5
The NWTN Home Privacy Policy acknowledges that "no security measures are perfect or impenetrable" and that "Any information disclosed online is vulnerable to interception and misuse by unauthorized parties."
6
The company collects personally identifiable information, derivative data, and mobile application information, but the policy does not specify data minimization practices or retention periods.
7
The policy acknowledges that information disclosed online is vulnerable to interception and misuse by unauthorized parties, but does not report any incidents.
8

Zero Waste & Sustainable Products

0

No specific, measurable evidence was found in the provided articles for any of the KPIs related to Zero Waste & Sustainable Products. The articles contain general statements about the company's focus on sustainable mobility solutions, eco-friendly options, and green mobility, but lack concrete data points such as waste diversion rates, product recyclability percentages, or details on take-back programs and recycled content.

1

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.