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Charging Stations for Electric Vehicles Project*

Riyadh, Saudi Arabia

2023 - Ongoing

Transportation

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Project Description

Approach Words: Smart Mobility

Public Policy Instruments: Organization, Physical Intervention, Planning

The Electric Vehicle Infrastructure Company (EVIQ) i, a joint-venture between the Public Investment Fund (PIF) and the Saudi Electricity Company (SEC) is a new company dedicated to providing charging infrastructure for electric vehicles. EVIQ will support electric vehicle (EV) adoption by building a nationwide network of fast-charging hubs, supporting the Kingdom’s sustainability goals and aligning with Saudi Vision 2030. ii

Title: Mao Showing EVIQ Charging Stations in Riyadh

Source: Click Here

Title: The First Implemented Electric Vehicles Charging Station ROSHN Front in Riyadh

Source: Click Here

Title: Mao Showing EVIQ Charging Stations in Riyadh

Source: Click Here

Title: The First Implemented Electric Vehicles Charging Station ROSHN Front in Riyadh

Source: Click Here

The project aims to provide advanced sustainable transportation infrastructure to facilitate the transition to electric mobility. By enhancing infrastructure and expanding charging accessibility, EVIQ seeks to enhance the experience of visitors and residents while reinforcing Riyadh’s position as a sustainable urban hub.
EVIQ company aims to boost the growth of Saudi Arabia’s EV ecosystem through collaboration with local partners for installation & maintenance, laying a strong foundation for increased EV adoption; further, it will create a more attractive and rewarding investment landscape, encouraging further sector development.

EVIQ has ambitious targets, planning to install 5,000 electric vehicle charging stations across 1,000 strategic locations in Saudi Arabia by 2030. In line with this vision, EVIQ launched its first fast-charging site in 2024 at ROSHN Front in Riyadh (previously known as Riyadh Front). The new facility features two high-power fast chargers, each delivering over 100 kW of power, enabling EV users in Riyadh to recharge their vehicles quickly and efficiently.
EVIQ’s selection of ROSHN Front for its inaugural public EV charging facility is strategic, given the location’s status as a premier destination in Riyadh, attracting over 800,000 visitors monthly. This high footfall makes it an ideal location to promote electric vehicle adoption. It addresses the shortage of high-power charging stations in Saudi Arabia, aiming to alleviate charging concerns and significantly boost EV ownership and usage within the Saudi community.

Owner/Developer (Public)

Electric Vehicle Infrastructure Company (EVIQ)

Consultant/Designer

Electric Vehicle Infrastructure Company (EVIQ)

Saudi Electricity Company (SEC)

Funder

Public Investment Fund (PIF)

Saudi Electricity Company (SEC)

Contractor/Implementer

Electric Vehicle Infrastructure Company (EVIQ)

Owner/Developer (Public)

Electric Vehicle Infrastructure Company (EVIQ)

Contractor/Implementer

Electric Vehicle Infrastructure Company (EVIQ)

Funder

Public Investment Fund (PIF)

Saudi Electricity Company (SEC)

Consultant/Designer

Electric Vehicle Infrastructure Company (EVIQ)

Saudi Electricity Company (SEC)

The EVIQ charging stations will be easily identifiable and accessible, ensuring a seamless experience for EV users. This initiative aligns with PIF’s strategy to expand Saudi Arabia’s automotive capabilities, promote competitiveness, diversify the economy, and create new jobs.

The project is initiated by the Electric Vehicle Infrastructure Company (EVIQ), a joint venture company between the Public Investment Fund (PIF) & Saudi Electricity Company (SEC).

Project Link, Endnotes and References

Project Link

https://eviq.sa/en/news/electric-vehicle-infrastructure-company-launches-eviq-as-its-official-brand

Endnotes

i More info about the electric vehicle infrastructure company (EVIQ) is available in this link: https://eviq.sa/en/about
ii More info about the Saudi Vision 2030 is available in this link: https://www.vision2030.gov.sa/en

References