EVIQ, a leading EV infrastructure provider in Saudi Arabia, has signed a Memorandum of Understanding (MoU) with Remat Al-Riyadh Development, the development arm of the Riyadh Municipality, to install and operate EV charging stations across Riyadh.
The MoU supports Riyadh Municipality’s strategy to elevate quality of life and facilitate transportation solutions for residents and visitors, in line with the goals of Saudi Vision 2030, which focus on driving sustainability and clean energy.
As a joint venture between the Public Investment Fund (PIF) and the Saudi Electricity Company (SEC), EVIQ is committed to creating a nationwide network of over 5,000 fast chargers by 2030, cementing Saudi Arabia’s position as key player in clean transportation.
“We are pleased to formalize our partnership with Remat Al-Riyadh through this agreement. This initiative will not only accelerate the transition to electric mobility in Saudi Arabia but also create an advanced, city-wide EV charging network that ensures convenience for drivers. By 2030, EVIQ aims to establish over 5,000 fast chargers across key locations in Saudi cities and highways, supporting a greener, smarter future.”
Abdullah bin Sulaiman Abu Dawood, CEO of Remat Al-Riyadh Development, stated that, “This is a major step towards providing the necessary infrastructure for EV users, ensuring that Riyadh offers a seamless and sustainable urban mobility experience. The agreement supports the Kingdom’s goals to reduce carbon emissions while aligning with Saudi Arabia’s major clean energy and EV investment initiatives. Additionally, this project will complement the city’s ongoing efforts in enhancing public parking and alternative mobility solutions.”
The collaboration will focus on strategic placement of EV chargers across Riyadh, integrating smart urban planning solutions, and contributing to the national target of 30 percent EV adoption by 2030.
Additionally, Remat Al-Riyadh is working on complementary mobility initiatives such as “Riyadh Parking” and alternative transportation solutions to drive urban sustainability.
The partnership marks a key milestone in the advancement of sustainable transportation infrastructure in Riyadh, paving the way for a cleaner and more efficient mobility ecosystem in Saudi Arabia.
