RIYADH: Saudi Arabia’s state-backed Electric Vehicle Infrastructure Co., known as EVIQ, expects to complete 60 charging stations by the end of 2025 across Riyadh, Jeddah and the Eastern Province.
The company, a joint venture between the Public Investment Fund and the Saudi Electricity Co., is spearheading efforts to build a national charging network to support the country’s electric mobility transition, CEO Mohammad Gazzaz told Al-Eqtisadiah.
Gazzaz said the electric vehicle market in Saudi Arabia “is still in its early stages but has achieved significant growth over the past two years,” driven by the entry of global automakers such as Mercedes, BMW, BYD and Tesla.
He noted that additional charging stations will be installed along major highways including Jeddah–Madinah, Riyadh–Dammam and Riyadh–Qassim to enhance connectivity between cities.
Speaking at the launch of the second edition of the Electric Vehicles and Energy Storage Exhibition in Jeddah, Gazzaz added that the national target is to reach 5,000 charging stations across the Kingdom, which will be developed in line with the growth of the domestic EV market.
