logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Mercedes-Benz, EVIQ, Juffali Automotive partner to boost EV infrastructure in Kingdom

Mercedes-Benz, EVIQ, Juffali Automotive partner to boost EV infrastructure in Kingdom

GHADA.ISMAIL
Apr 29, 2025
The agreement focuses on charging networks, customer education, and supporting Saudi Arabia’s green transition

Riyadh – Sharikat Mbasher: Mercedes-Benz Cars Middle East signed a Memorandum of Understanding (MoU) with EVIQ, Saudi Arabia’s leading EV infrastructure provider, alongside its official distributor Juffali Automotive Company (JACO).

According to an announcement by EVIQ on X.com, this partnership aims to accelerate the development of a network of high-power EV charging stations across the Kingdom, supporting Saudi Arabia’s Vision 2030 goals for sustainable and advanced mobility.

The initiative will also focus on customer education, promoting electric mobility adoption, and fostering innovation and local talent development.

The collaboration ties into Mercedes-Benz’s global “Ambition 2039” strategy for a net carbon-neutral fleet, and leverages EVIQ’s expertise in high-speed charging alongside JACO’s decades-long presence in Saudi Arabia.

Michael Stroband, CEO of Mercedes-Benz Cars Middle East, commented: “At Mercedes-Benz, we are committed to pioneering sustainable luxury mobility. This collaboration with EVIQ is more than just infrastructure — it’s about supporting the Kingdom’s transformation into a global innovation leader. Together, we’re driving progress that complements Vision 2030’s economic diversification goals and a greener future.”

Mohammed Gazzaz, CEO of EVIQ, added: “EVIQ remains at the forefront of developing Saudi Arabia's EV ecosystem. This strategic partnership with Mercedes-Benz, a world-renowned leader in innovative mobility and Juffali Automotive Company (JACO), its official general distributor in Saudi Arabia, further solidifies our commitment to fostering strong collaborations to further enhance the EV infrastructure across the Kingdom, accelerating the transition to a sustainable transportation future.”

Tags

EVIQ
MoU
EV
Share

Attract clients with your ad

Start Now

Trending

EY KSA, Microsoft to explore new consulting opportunities in Saudi Arabia
MUBASHER.SA
Saudi hypermarket chain BinDawood opens first branch in Qatar
MUBASHER
Flextock secures $12.6mn Series A to support regional expansion
MUBASHER
ExtraHop expands into Saudi Arabia in partnership with AstroLabs
MUBASHER.SA
Stake raises $31mn in oversubscribed Series B
MUBASHER

Related News

Private Equities News
Calendar Icon
Feb 17, 2026
EY KSA, Microsoft to explore new consulting opportunities in Saudi Arabia
Read More
Private Equities News
Calendar Icon
Feb 17, 2026
Saudi hypermarket chain BinDawood opens first branch in Qatar
Read More
Private Equities News
Calendar Icon
Feb 17, 2026
Mawani launches integrated logistics center at King Abdulaziz Port
Read More
Private Equities News
Calendar Icon
Feb 17, 2026
MODON concludes 6 deals worth over SAR 1 bn
Read More
Private Equities News
Calendar Icon
Feb 17, 2026
Nemetschek Arabia, SFMA join forces to drive smart facilities management
Read More
Private Equities News
Calendar Icon
Feb 16, 2026
SVC launches proprietary intelligence platform Aian
Read More
Private Equities News
Calendar Icon
Feb 16, 2026
SABIC signs agreement to supply rubber materials for PIF–Pirelli tire plant
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher