According to Mordor Intelligence, the Saudi Arabia electric vehicle (EV) market covers every new road-worthy automobile that is propelled wholly or partly by electricity stored on board;
Electric cars account for a tiny proportion of vehicle sales in Saudi Arabia. But the oil-rich kingdom wants to change that by rolling out manufacturing plants and charging facilities.
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Crude Oil fell to 80.35 USD/Bbl on June 15, 2026, down 5.33% from the previous day. Over the past month, Crude Oil''s price has fallen 23.02%, but it is still 14.38% higher than a year ago, according to
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As we currently stand in 2024, only a small minority (7%) of all vehicle models in KSA are EVs, with over 60% of these priced above US$65,000, highlighting the affordability challenge for Saudi consumers.
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According to the Saudi Industrial Development Fund, the conservative forecast of electric vehicle market share in 2030 would be 10% of total automotive sales (ICE+EV) in Saudi Arabia.
Here''s what we''re tracking today Good morning. In today''s packed issue is good news for those banging the localization drum as yet another Chinese automaker eyes starting local production, offshore
Saudi Arabia''s automotive sector is moving from an import-led model to an industrial logistics model. For decades, the market was built around finished vehicle imports. Cars arrived
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Saudi Arabia''s rapid storage market expansion stems from multiple interacting factors. Analyzing these drivers helps understand current dynamics and future trends.
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Drawing on recent auction results from Saudi Arabia, India and Italy, along with in-depth interviews with project developers, suppliers and analysts across global markets, it captures the most
Saudi energy storage projects, priced between USD 73/kWh and USD 75/kWh, signals toward democratisation of battery storage cost globally.
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US$39 billion will be invested in the Kingdom of Saudi Arabia between today and 2030 to build a domestic electric vehicle manufacturing
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The latest news from Saudi energy storage projects with bids between USD 73/kWh and USD 75/kWh, have brought record low battery prices outside
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