Saudi Arabia's EV policy offers incentives for carmakers & buyers, aiming for 30% electric vehicles in Riyadh by 2030. Learn about the benefits & challenges. By 2026, electric vehicles (EVs) are an everyday sight in Saudi Arabia, especially in Riyadh and Jeddah. With government support and growing infrastructure, EVs are becoming more. Despite being among the top global oil producers, Saudi Arabia is making a serious move towards sustainable transportation in the country by encouraging electric vehicle growth. At the Riyadh Auto Show, experts called on the Saudi government to enhance EV incentives and expand charging infrastructure to boost electric vehicle adoption, highlighting the need for government. The Saudi EV market is projected to witness a watershed moment in 2025 as EV sales are predicted to reach 15% of all new vehicle sales in major cities like Riyadh, Jeddah, and Dammam. Investment-wise, the market is projected to reach US$53,639. 1 million by 2032, a remarkable CAGR of 52. 31% from its. As global electric vehicle sales continue to accelerate, surpassing 17 million units in last year and accounting for more than 20% of new car sales worldwide, Saudi Arabia is rapidly positioning itself as a regional hub for clean mobility, advanced manufacturing, charging infrastructure, and. The Kingdom has set an ambitious goal to transition 30% of all vehicles in Riyadh to electric by 2030, as part of a larger strategy to reduce emissions in the capital city by 50%1.
