Featured in And the winner is… – 01-2023

Steering Saudi toward EVs

Saudi Arabia’s plan to put 700,000 electric vehicles (EVs) on Riyadh’s roads by 2030 will require an estimated 30,000 to 34,000 new charging stations – far more than the 100 currently planned. The kingdom’s Vision 2030 push will also need government incentive support and domestic auto manufacturing sites, according to Apricum’s Elizabeth Oliphant and Alex Metz.

The oil beneath Saudi Arabia could soon fuel significantly fewer automobiles in the country. With EVs rising in popularity in Riyadh and across the kingdom, the government’s Vision 2030 aims to have electric vehicles make up 30% of passenger cars on the nation’s roads in 2030.Achieving this ambitious goal would require around 700,000 EVs within …

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