ALBAWABA - Ceer Motors, the electric vehicle brand in Saudi Arabia, and EVIQ, a joint venture between the Public Investment Fund and the Saudi Electricity Company, announced signing a memorandum of understating (MoU) to further support the electric cars sector in Saudi Arabia.
Ceer and EVIQ sign MoU
This new agreement highlights a great step towards achieving the Saudi Vision 2030, which aims to develop the automotive industry and promote sustainable transportation. According to the MoU, reliable charging infrastructure and innovative solutions will be provided for drivers in the kingdom.
Mohammad Baker Gazzaz, EVIQ CEO, said: “This partnership will help encourage the wider adoption of electric vehicles, making them a seamless and convenient choice for drivers in the Kingdom. We look forward to fruitful cooperation with Ceer to achieve a more environmentally friendly and sustainable future for the Kingdom.”
As Saudi Arabia plans to transition 30% of its vehicles in Riyadh to electric ones by 2030, this partnership marks a significant step toward building a robust automotive industry and fostering the future of sustainable transportation. (Shutterstock)
James DeLuca, Ceer CEO, added: “We are also committed to providing an exceptional experience for electric vehicle owners in the Kingdom. We are pleased to partner with EVIQ to ensure a comfortable and seamless driving experience for electric vehicles in the Kingdom.”
As Saudi Arabia plans to transition 30% of its vehicles in Riyadh to electric ones by 2030, this partnership marks a significant step toward building a robust automotive industry and fostering the future of sustainable transportation.
Ceer is dedicated to delivering advanced Saudi-made electric vehicles, while EVIQ focuses on establishing an efficient EV network to facilitate a smooth transition to electric vehicles across the Kingdom.
