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saudi arabia accelerates electric vehicle revolution under vision 2030 initiative

Saudi Arabia is rapidly advancing its electric vehicle (EV) sector, aiming for 30% of vehicles in Riyadh to be electrified by 2030. With significant investments in infrastructure, local brands like Ceer, and partnerships with global automakers, the Kingdom is positioning itself as a key player in the global automotive market while creating tens of thousands of jobs and fostering innovation. The strategy includes developing a self-sufficient supply chain, enhancing workforce skills, and expanding charging networks through public-private partnerships.
Arab News Japan
United States Dollar SAU Heiko Seitz Mazin Jameel Show more
Business & Industry, News Article
05:11 16.03.2025

saudi arabia accelerates electric vehicle revolution under vision 2030 initiative

Saudi Arabia is rapidly advancing its electric vehicle (EV) sector, aiming for 30% of vehicles in Riyadh to be electrified by 2030. With significant investments in infrastructure, local brands like Ceer, and partnerships with global automakers, the Kingdom is positioning itself as a key player in the global automotive market while creating tens of thousands of jobs and fostering innovation. The strategy includes developing a self-sufficient supply chain, enhancing workforce skills, and expanding charging networks through public-private partnerships.
Arab News Japan
United States Dollar HD Hyundai Co., Ltd. Foxconn Technology Co., Ltd. SAU Mazin Jameel Heiko Seitz Show more
Business & Industry, Market Report
05:11 16.03.2025
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