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

Goldman Sachs officially opens Riyadh office at KAFD
MUBASHER.SA
National Development Fund injects SAR 60 bn annually to support Vision 2030
MUBASHER.SA
Aramco, Qualcomm, RDIA celebrate 1st cohort of AI-focused DISAI Program
MUBASHER.SA
Al Shathri: PIF executes 10 regional deals across MENA in 2 years
MUBASHER.SA
Hub71 pacts with ADYBC to foster youth entrepreneurs
MUBASHER

Related News

Private Equities News
Calendar Icon
Dec 11, 2025
Goldman Sachs officially opens Riyadh office at KAFD
Read More
Private Equities News
Calendar Icon
Dec 11, 2025
National Development Fund injects SAR 60 bn annually to support Vision 2030
Read More
Private Equities News
Calendar Icon
Dec 11, 2025
Aramco, Qualcomm, RDIA celebrate 1st cohort of AI-focused DISAI Program
Read More
Private Equities News
Calendar Icon
Dec 11, 2025
HRDF launches new training push with SAR 324 mn partnership deals
Read More
Private Equities News
Calendar Icon
Dec 10, 2025
Events Fund to develop 20 projects worth SAR 8 bn in five years
Read More
Private Equities News
Calendar Icon
Dec 10, 2025
Qai, Brookfield establish $20bn JV to advance AI infrastructure
Read More
Private Equities News
Calendar Icon
Dec 10, 2025
36 startups showcase innovative water technologies at IDWS 2025 Deal Day
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