Electric Vehicle Infrastructure Company (EVIQ)

Automotive
Established in 2023
Riyadh, KSA
The Electric Vehicle Infrastructure Company (EVIQ) is a joint venture company between the Public Investment Fund (PIF) & Saudi Electricity Company (SEC). The company supports EV adoption in the Saudi market by building best-in-class infrastructure and creating a nationwide network of fast-charging hubs for electric vehicles around the Kingdom. With a vision to deploy more than 5,000 chargers in strategic locations around the Kingdom, EVIQ is spearheading the enablement of the EV ecosystem in Saudi Arabia aiming to stimulate promising opportunities in the market, in addition to supporting the environmental objective of the Kingdom’s Vision 2030.

Through strong collaboration with local experts in the fields of installation & maintenance, EVIQ is committed to building a reliable and strong EV charging infrastructure in Saudi Arabia, in which will stimulate the growth of EV adoption among the Saudi community and enable the overall EV ecosystem in the Kingdom, leading to making the EV sector in Saudi Arabia more attractive and rewarding for investment opportunities.
 
Furthermore, EVIQ has launched the first state-of-the-art R&D Facility in the region, that is dedicated to testing a spectrum of chargers and software. The facility is aimed to ensuring the deployment of best-in-class equipment and related software, reinforcing EVIQ's commitment to quality, efficiency, and driving the evolution in the EV sector across the Kingdom of Saudi Arabia. It will also give EV drivers in Saudi Arabia the confidence that EVIQ chargers have been thoroughly tested to the highest quality and safety standard for operating in Saudi Arabia.