Market Outlook•
How Saudi Arabia is Leading the EV Revolution Globally
In the not-so-distant future, electric vehicles (EVs) will be a common sight on Riyadh streets, exceeding the one-million mark by 2030, as Saudi Arabia’s EV sector is on track to increase production by 600,000 annually. In its stride towards being a manufacturing powerhouse, EVs play a crucial role in diversifying industrial expertise, alluring top talents to invest in its dynamic output, increasing exports, and steering the nation away from reliance on oil-generated revenues. Saudi Arabia’s deep commitment has positioned the […]