SASCO signs MoU with EVIQ

Signing ceremony

Saudi Automotive Services Co. (SASCO) signed a memorandum of understanding (MoU) with Electric Vehicle Infrastructure Co. (EVIQ) to enhance cooperation and exchange experience in the field of electric vehicle (EV) infrastructure in Saudi Arabia.

The company said in a statement that this partnership aims to provide a conducive environment for the growth of the EV industry in the Kingdom by developing and improving the infrastructure.

Both companies will collaborate to offer innovative and sustainable solutions for the development of the EV charging network, including the establishment of fast-charging stations and public stations in all cities and provinces of the Kingdom.

SASCO will contribute its expertise and resources in technical and operational services, while EVIQ will leverage its experience in developing and implementing infrastructure projects for the EV charging network.

The partnership is expected to have a positive impact on the growth of the local EV sector, which will help providing a sustainable environment for the use of EVs and encourage more individuals and companies to adopt them.

Moreover, the partnership will enhance the capability of the EV sector to grow, strengthen the Kingdom's competitiveness in this industry and enhance its position as a leading hub for innovation and development in this field. This collaboration aligns with Saudi Vision 2030, as it focuses on reducing carbon emissions and achieving environmental sustainability.