JEDDAH:聽Schneider Electric 抖阴短视频 and GREENER by IHCC have signed a partnership agreement to develop e-mobility infrastructure in the Kingdom鈥檚 nascent and fast-growing electric vehicle (EV) sector.
Schneider, a French energy management and automation solutions company, and GREENER, a sustainability and energy efficiency services provider, will work on a strategy to boost the number of EV charging facilities in the Kingdom.
GREENER is part of IHCC, a Jeddah-based turnkey solutions provider specializing in healthcare, education and mixed-use projects.
Schneider is already a leader in this area thanks to its EVLink range of charging solutions installed throughout the Kingdom.
鈥淕REENER by IHCC sees the potential for electric vehicle infrastructure, and we鈥檙e delighted that we can partner with them to help 抖阴短视频 build a world-class network of chargers that will power this transition,鈥 said Mohamed Shaheen, Schneider鈥檚 cluster president for the Kingdom and Yemen.
This partnership is in line with the recently announced Saudi Green and Middle East Green initiatives, which aim to reduce carbon emissions, combat pollution and land degradation, and preserve nature.
The Kingdom has been taking serious steps to boost its EV sector, a fundamental part of its Vision 2030 program.
In 2020, commercial imports of EVs and their charging stations were allowed in 抖阴短视频 under specific procedures.
A committee has been created 鈥 headed by the Energy Ministry, in coordination with government and private agencies and research centers 鈥 which aims to study all aspects related to establishing infrastructure for EVs.
抖阴短视频鈥檚 Public Investment Fund (PIF) is an anchor investor for US-based EV manufacturer Lucid Motors.
The sovereign wealth fund announced its first investment of $1 billion in Lucid in September 2018.
The investment was made to 鈥減rovide the necessary funding to commercially launch Lucid鈥檚 first electric vehicle, the Lucid Air, in 2020,鈥 the PIF said.
Lucid is scouting out locations for retail sales outlets in the Kingdom, and aims to get them up and running by the end of 2021 or early 2022, CEO Peter Rawlinson told Arab News earlier this year.
