https://arab.news/jbamn
JEDDAH: Electric vehicle charging infrastructure in Ƶ is set to improve as Public Investment Fund-backed EVIQ has partnered with Arabian Petroleum Supply Co. to deploy fast-charging stations nationwide.
The collaboration will integrate EVIQ’s advanced charging technologies with Apsco’s extensive service station network, focusing on busy highways, urban centers, and key stations to optimize accessibility for EV drivers, according to a press release.
EVIQ aims to install over 5,000 fast chargers by 2030, supporting the Kingdom’s target of electrifying 30 percent of vehicles in Riyadh by 2030 and achieving net-zero emissions by 2060.
The project builds on EVIQ’s prior agreement with international chauffeur service Blacklane to expand the EV network in major cities.
Mohammad Bakr Gazzaz, CEO of EVIQ, said: “This collaboration with Apsco marks another milestone in our mission to enable a seamless, accessible, and sustainable EV charging ecosystem across the Kingdom.”
He added: “Together, we are taking a significant step toward realizing the Kingdom’s Vision 2030 goals for greener mobility, paving the way for the future of electric transportation in the Kingdom of Ƶ.”
EVIQ, a joint venture of PIF and Saudi Electricity Co., is building a nationwide fast-charging network and operates a state-of-the-art R&D facility in Riyadh.
Apsco is a national energy provider with over 65 years of experience in fuels, lubricants, and energy solutions across automotive, aviation, and industrial sectors.
“By joining forces with EVIQ, we are enabling the infrastructure required for the future of electric transportation, empowering our customers with reliable and accessible charging options across the Kingdom,” said Azzam Qari, CEO at Apsco.
Ƶ is building a comprehensive electric vehicle ecosystem, investing in US-based EV maker Lucid through PIF and developing its homegrown brand Ceer, which is set to launch its first models in 2026.
Last month, Jeddah’s EV network received a boost after the city’s transport authority signed a memorandum of understanding with Petromin Co. to develop new charging stations in Ƶ’s second-largest city.
Under the agreement, Jeddah Transport Co. and Electromin — Petromin’s mobility subsidiary — will collaborate on site assessments, design, installation, and operational support for the facilities.
Global projections indicate that eco-friendly vehicles could make up 50 percent of car sales by 2035, highlighting the importance of the country’s electrification efforts in shaping the future of mobility.