{"id":108098,"date":"2025-01-28T08:21:18","date_gmt":"2025-01-28T05:21:18","guid":{"rendered":"https:\/\/indexeconomic.com\/?p=108098"},"modified":"2025-01-28T08:21:18","modified_gmt":"2025-01-28T05:21:18","slug":"eviq-and-byd-partner-to-enhance-electric-vehicle-ownership-in-saudi-arabia","status":"publish","type":"post","link":"https:\/\/indexeconomic.com\/?p=108098","title":{"rendered":"EVIQ and \u201cBYD\u201d Partner to Enhance Electric Vehicle Ownership in Saudi Arabia"},"content":{"rendered":"<p style=\"text-align: left;\"><strong>\u00a0<\/strong><\/p>\n<p style=\"text-align: left;\"><strong>\u00a0<\/strong><\/p>\n<p style=\"text-align: left;\">\n<p style=\"text-align: left;\"><strong>\u00a0<\/strong><\/p>\n<p style=\"text-align: left;\"><em>The collaboration accelerates Saudi Arabia&#8217;s journey toward a sustainable future with cutting-edge high-speed charging solutions and exclusive customer-focused offers designed to support the adoption of electric vehicles<\/em><\/p>\n<p style=\"text-align: left;\">\n<p style=\"text-align: left;\"><strong>Saudi Arabia, Date<\/strong>&#8211; The Electric Vehicle Infrastructure Company (EVIQ), a joint venture between the Public Investment Fund (PIF) and the Saudi Electricity Company (SEC), has signed a Memorandum of Understanding (MoU) with Alfuttaim Electric Mobility representative of \u201cBYD\u201d in the Kingdom. This strategic alliance intends to expedite electric car adoption in the Kingdom by combining EVIQ&#8217;s fast-charging infrastructure expertise with \u201cBYD\u201d&#8217;s customer base.<\/p>\n<p style=\"text-align: left;\">\n<p style=\"text-align: left;\">The MoU outlines major areas of collaboration, such as the implementation of a high-speed public charging infrastructure at \u201cBYD\u201d Al-Futtaim Electric Mobility locations throughout Saudi Arabia. The alliance will also provide charging packages to \u201cBYD\u201d customers, ensuring a seamless and accessible charging experience that meets global standards of quality, safety, and efficiency requirements.<\/p>\n<p style=\"text-align: left;\">\n<p style=\"text-align: left;\">EVIQ remains at the forefront of developing Saudi Arabia&#8217;s EV ecosystem, with a goal of deploying over 5,000 chargers in strategic locations around the Kingdom by 2030. This collaboration with \u201cBYD\u201d demonstrates EVIQ&#8217;s dedication to establishing strong local and international collaborations to lay a solid foundation for the sector. By providing widespread access to charging stations, EVIQ hopes to make EV ownership more which will help in accelerating the Kingdom&#8217;s transition to a sustainable transportation future.<\/p>\n<p style=\"text-align: left;\">\n<p style=\"text-align: left;\">Commenting on the partnership, <strong>Mohammad Gazzaz, CEO of EVIQ<\/strong>, stated: &#8220;Our partnership with \u201cBYD\u201d Al-Futtaim Electric Mobility marks a significant milestone in transforming Saudi Arabia\u2019s transportation landscape. By combining our expertise in fast-charging infrastructure with \u201cBYD\u201d\u2019s expertise in electric mobility, we aim to deliver an unparalleled EV charging experience for EV owners in the Kingdom, contributing to the nation\u2019s sustainability goals and Vision 2030 agenda.&#8221;<\/p>\n<p style=\"text-align: left;\">\n<p style=\"text-align: left;\">\u201cStrategic collaborations, such as this, are key to shaping a greener, more sustainable future for Saudi Arabia. The partnership between \u201cBYD\u201d and EVIQ aligns with our shared vision of driving sustainable mobility through cutting-edge EV technology and infrastructure. Together, we aim to empower EV adoption by providing accessible, efficient, and high-quality charging solutions across the Kingdom.&#8221; \u2013 added <strong>Badr Khojandi, General Manager, \u201cBYD\u201d KSA.<\/strong><\/p>\n<p style=\"text-align: left;\">\n<p style=\"text-align: left;\">The partnership supports EVIQ&#8217;s aim of leading the Kingdom&#8217;s EV transition, through developing a comprehensive charging network that provides convenience for EV owners, decreases carbon emissions, and promotes a better environment in Saudi Arabia.<\/p>\n<p style=\"text-align: left;\">\n<p style=\"text-align: left;\">In addition to deploying world-class infrastructure, EVIQ&#8217;s cutting-edge Research &amp; Development (R&amp;D) Facility in Riyadh will play a critical role in testing and refining technologies for this collaboration, ensuring compatibility and efficiency tailored to the Saudi market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 \u00a0 \u00a0 The collaboration accelerates Saudi Arabia&#8217;s journey toward a sustainable future with cutting-edge high-speed charging solutions and exclusive customer-focused offers designed to support the adoption of electric vehicles Saudi Arabia, Date&#8211; The Electric Vehicle Infrastructure Company (EVIQ), a joint venture between the Public Investment Fund (PIF) and the Saudi Electricity Company (SEC), has &hellip;<\/p>\n","protected":false},"author":2,"featured_media":108099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[439],"tags":[],"class_list":["post-108098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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