Saudi Arabia Electric Vehicle Charging Infrastructure Market Grow with a CAGR of 19.13% through 2030

Saudi Arabia is expanding EV charging infrastructure driven by Vision 2030, targeting 30% EV adoption. Growth comes from public‑private investments, advanced AC/DC and wireless technologies, Neom’s net‑zero city, and OEM partnership.

According to TechSci Research report, “Saudi Arabia Electric Vehicle Charging Infrastructure Market – By Region, Competition, Forecast & Opportunities, 2030F”, the Saudi Arabia Electric Vehicle Charging Infrastructure market stood at USD 154.03 million in 2024 and is anticipated to grow USD 439.07 million by 2030 with a CAGR of 19.13% during forecast period. The electric vehicle (EV) charging infrastructure market in Saudi Arabia is undergoing a transformative evolution, driven by a national push toward sustainability, energy diversification, and clean mobility solutions under the Kingdom’s Vision 2030. With a strong emphasis on reducing reliance on fossil fuels and lowering carbon emissions, the government has identified electric mobility as a critical pillar of its broader environmental and economic development agenda. As a result, Saudi Arabia is now aggressively building the foundational ecosystem necessary to support mass adoption of EVs charging infrastructure being a central component.

The market is being propelled by a combination of strategic public-sector initiatives, private-sector investments, and international collaborations. Government-led programs, such as the launch of the Electric Vehicle Infrastructure Company (EVIQ) a joint venture between the Public Investment Fund (PIF) and Saudi Electricity Company illustrate the scale of the national commitment to developing a modern, accessible, and intelligent EV charging network. EVIQ has announced plans to roll out thousands of fast-charging stations across hundreds of locations by the end of the decade. These large-scale infrastructure investments are designed not only to alleviate range anxiety among current and prospective EV owners but also to create a robust and scalable charging ecosystem that can keep pace with rising demand.

Furthermore, Saudi Arabia’s transition to clean transportation is closely aligned with its ambitions to develop smart cities and digital infrastructure. Projects such as NEOM, The Line, and Qiddiya are being constructed with sustainability and technological integration at their core, incorporating electric mobility into every aspect of urban design. These futuristic developments are being positioned as global showcases for net-zero urban living, where electric vehicles will be supported by advanced charging stations powered by renewable energy sources, smart grids, and AI-based management systems. This integration of EV infrastructure into smart city planning is helping establish a new standard for transportation and urban development in the region.

The presence of major global automotive and energy players in the Saudi market has further accelerated the development of charging infrastructure. International partnerships such as those between Lucid Motors and PIF, as well as between BYD and Aramco are fostering the localization of EV production and the parallel expansion of the necessary support infrastructure. These partnerships bring with them technological expertise, operational best practices, and capital investment, helping to bridge knowledge and capability gaps within the local market. Global energy companies and technology providers are also entering the Saudi ecosystem to support the deployment of fast-charging networks, high-capacity battery storage systems, and solar-powered off-grid stations, thereby enhancing the overall resilience and sustainability of the EV infrastructure.

Meanwhile, public and private stakeholders are actively investing in expanding charging accessibility across various sectors, including residential, commercial, and public spaces. New real estate developments, shopping centers, office complexes, and hospitality venues are increasingly including EV charging facilities in their design and amenities. This is helping normalize EV usage in daily life and increasing consumer confidence in the convenience and availability of charging options. Destination charging where EVs can be charged while users engage in everyday activities such as shopping, dining, or working is also emerging as a key strategy to integrate EV infrastructure seamlessly into urban routines.

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The Saudi Arabia Electric Vehicle Charging Infrastructure market is segmented into vehicle type, type, charging mode, installed location and company.

Based on the installed location, the commercial segment is emerging as the fastest-growing area in Saudi Arabia’s electric vehicle charging infrastructure market. Increased adoption of EV fleets by ride-hailing services, logistics companies, and corporate enterprises is driving demand for dedicated charging facilities. Businesses are recognizing the long-term cost savings and sustainability benefits of electrifying their fleets, leading to the development of charging stations at offices, depots, malls, and hotels. Moreover, the integration of charging services into commercial real estate offerings enhances property value and tenant appeal. This growing emphasis on business-driven EV adoption is accelerating infrastructure deployment across commercial and high-traffic urban locations.

Based on the region, the Western region of Saudi Arabia is witnessing the fastest growth in electric vehicle charging infrastructure, driven by rapid urbanization, tourism expansion, and large-scale development projects. Cities like Jeddah, Mecca, and Medina are becoming key hubs for EV adoption, supported by ongoing infrastructure upgrades and smart city initiatives. The region’s strategic importance, including proximity to the Red Sea Project and NEOM, is attracting both public and private investment in sustainable mobility solutions. With increasing demand from residents, businesses, and tourists, the Western region is rapidly expanding its charging network, positioning itself as a key player in the country’s EV transition.

Major companies operating in Saudi Arabia Electric Vehicle Charging Infrastructure market are:

• Electromaps S.L.
• Schneider Electric Saudi Arabia
• NEC Saudi Arabia Ltd.
• VEGO Group
• Electric Vehicle Infrastructure Company's (EVIQ)
• Al Futtaim Group
• Tesla, Inc.
• CITA group
• ABB Ltd.
• CATEC Mobility

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“Technological advancement is also playing a vital role in shaping the EV charging infrastructure market. Companies in Saudi Arabia are increasingly adopting smart charging systems that allow for remote monitoring, load balancing, and energy optimization. These systems are supported by mobile applications that offer users real-time access to charging availability, digital payments, booking features, and consumption data. Moreover, innovations such as vehicle-to-grid (V2G) integration are being explored to enable two-way communication between EVs and the power grid, allowing stored energy to be fed back into the system during peak demand. Such technologies not only enhance grid stability but also create new opportunities for energy trading and demand-side management,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Saudi Arabia Electric Vehicle Charging Infrastructure Market, By Vehicle Type (Two- Wheeler, Passenger Car, Commercial Vehicle), By Type (AC, DC), By Charging Mode (Plug-in, Wireless), By Installed Location (Commercial, Residential), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of SAUDI ARABIA Electric Vehicle Charging Infrastructure market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Saudi Arabia Electric Vehicle Charging Infrastructure market.

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