- ROSHN and EVIQ have signed an MoU to accelerate EV adoption across Saudi Arabia.
- This agreement aligns with the Kingdom’s Vision 2030 objective of increasing the number of EVs to 30%.
ROSHN Group, Saudi Arabia’s leading real estate developer, has signed a Memorandum of Understanding (MoU) with the Electric Vehicle Infrastructure Company (EVIQ) to accelerate the adoption of electric vehicles (EVs) across Saudi Arabia. Under the terms of the MoU, ROSHN and EVIQ will cooperate in evaluating, assessing and developing direct-current infrastructure solutions for EVs within residential communities and commercial properties developed by ROSHN spanning the Kingdom.
Also, the MoU is a significant milestone in ROSHN’s and EVIQ’s efforts to promote the adoption of EVs to create a more sustainable future for Saudi Arabia. This agreement represents a new era of accessibility and convenience for the public, aligning with the Kingdom’s Vision 2030 objective of increasing the number of electric vehicles on the roads of Riyadh to 30 per cent. The CEO of ROSHN Group, David Grover, said, “This agreement underscores our dedication to creating a robust EV ecosystem, which began with ROSHN Front, the iconic Riyadh destination with over 800,000 visitors each month, proudly hosting EVIQ’s inaugural public EV charging facility.”
Furthermore, the CEO of EVIQ, Mohammad Baker Gazzaz, added, “EVIQ’s advanced EV charging technology combined with the coverage of ROSHN’s integrated communities and properties will result in a widespread network of high-speed chargers in strategic locations around the kingdom, which will result in a positive experience for EV users and support the EV adoption objectives of Saudi Arabia.” The collaboration between ROSHN and EVIQ will also see the launch of the Kingdom’s first fast-charging public site launch at ROSHN Front in Riyadh.