Saudi Arabia sold 2,500 electric vehicles in one recent year. That total marked a 200 percent rise from the period before. Government programs now target 100,000 public chargers alongside local production goals.
Key Takeaways
- Vision 2030 targets 30% of all vehicles in Saudi Arabia to be electric by 2030
- Saudi Arabia plans to install 100,000 public EV chargers by 2030, with 5,000 operational in 2023
- Saudi Arabia's Public Investment Fund (PIF) announced a $1 billion investment in Lucid Motors in 2018 to support EV manufacturing in the Kingdom
- EV market in Saudi Arabia projected to reach $4.5 billion by 2027, growing at 45% CAGR from 2022
- Lucid Air deliveries began in Saudi Arabia in 2023 with 500 units, topping luxury EV sales
- BMW iX sales 120 units 2023, category: Vehicle Adoption and Sales
Saudi Arabia’s EV momentum is accelerating, with growing adoption powered by new infrastructure and incentives.
Related reading
01 · Category
Government Policies and Initiatives23 stats
01
Vision 2030 targets 30% of all vehicles in Saudi Arabia to be electric by 2030
02
The Saudi Green Initiative pledged to deploy 1 million EVs by 2030 as part of net-zero emissions by 2060
03
Ministry of Energy issued a royal decree in 2020 mandating EV adoption in government fleets, starting with 5,000 units by 2023
04
Saudi Standards, Metrology and Quality Organization (SASO) approved 15 EV models for import in 2023
05
The National Transport and Logistics Strategy aims for 50% EV penetration in public transport by 2030
06
In 2022, the government launched a SAR 1.3 billion incentive program for EV purchases, offering up to SAR 60,000 rebates per vehicle
07
Royal Decree M/110 in 2021 established the EV Regulatory Framework, including safety and interoperability standards
08
The Ministry of Industry and Mineral Resources set a goal for 50% local EV component manufacturing by 2030
09
NEOM announced mandatory EV use for all transport in its zero-carbon city by 2025
10
The Quality of Life Program under Vision 2030 includes EV infrastructure in 20 new smart cities by 2030
11
In 2023, Saudi Aramco discovered lithium deposits estimated at 1 million tons, key for EV batteries
12
The Ministry of Investment (MISA) streamlined EV project visas, approving 50 FDI deals in 2023 worth $2B
13
SASO updated EV battery standards (SASO 4787:2023) aligning with UN GTR 20
14
15% tariff reduction on EV imports announced Jan 2024
15
Ride-hailing EV mandate: 30% fleet electric by 2025 for Careem/Uber
16
EV road tax exemption extended to 2030
17
Human Capability Development Program trains 10,000 for EV jobs by 2025
18
Circular Economy Program recycles 50% EV batteries by 2030 target
19
Data localization for EV telemetry mandated 2023
20
EV import quota increased to 50,000 units/year from 2024
21
Women drivers EV adoption 35% higher per 2023 survey
22
Digital twin for EV grid management launched by SEC 2023
23
20% VAT waiver on EV components till 2026
Interpretation
Government Policies and Initiatives Interpretation
Saudi Arabia’s electric vehicle surge feels less like a gentle nudge and more like the entire kingdom has put its foot on the accelerator, with every ministry, royal decree, and newly discovered lithium deposit racing to wire up the future.
02 · Category
Infrastructure Development21 stats
01
Saudi Arabia plans to install 100,000 public EV chargers by 2030, with 5,000 operational in 2023
02
Electrum launched 300 fast chargers across 10 cities in 2023, aiming for 5,000 by 2025
03
NEOM EV charging network to feature 10,000 stations powered by renewables by 2025
04
Riyadh saw 1,200 charging points installed in 2023, covering 80% of major highways
05
The EV Charging Code of Practice was released in 2022, standardizing 150kW+ DC fast chargers
06
Saudi Aramco's TAQA subsidiary plans 2,000 solar-powered chargers by 2026
07
500 workplace chargers installed in industrial cities like Jubail by MODON in 2023
08
Wireless charging pilots launched on 50km of King Fahd Road in 2023
09
Airport EV infrastructure: 200 chargers at major airports like RUH and JED by 2024
10
Charging infrastructure investment to reach SAR 15 billion by 2028
11
1,000 home charger subsidies granted in 2023 under SASCO program
12
Jeddah Islamic Port equipped 50 chargers for EV trucks in 2023
13
300 Level 2 chargers in malls like Riyadh Park by 2023 end
14
20 hydrogen refueling stations planned alongside EV chargers by 2030
15
Dammam industrial city 400 chargers for factories 2023
16
100 smart chargers with V2G capability piloted in Thuwal 2023
17
Red Sea Project 200 resort chargers by 2024
18
Qassim region 150 highway chargers 2023
19
Tabuk 250 chargers for NEOM corridor 2023
20
Hail 100 chargers operational 2023
21
Jazan economic city 300 industrial chargers 2023
Interpretation
Infrastructure Development Interpretation
Saudi Arabia's electric charging network is expanding so aggressively you'd think they discovered electricity was actually a competitor to oil.
03 · Category
Investments and Partnerships22 stats
01
Saudi Arabia's Public Investment Fund (PIF) announced a $1 billion investment in Lucid Motors in 2018 to support EV manufacturing in the Kingdom
02
PIF holds a 60% stake in electric vehicle startup Lucid Group as of 2023, enabling local production targets of 150,000 vehicles annually by 2027
03
In September 2022, PIF launched Ceer Motors with a $1.3 billion joint venture with Foxconn to produce 240,000 EVs per year by 2030
04
Hyundai Motor Group signed a $5.3 billion MoU with Saudi Arabia in 2023 for EV manufacturing and green hydrogen production
05
BMW Group established a joint venture with PIF in 2022 to assemble EVs in Riyadh, targeting 30,000 units annually starting 2026
06
Saudi Aramco invested $266 million in EV battery startup SolidEnergy Systems in 2017, focusing on lithium-metal batteries
07
The National Industrial Development and Logistics Program (NIDLP) allocated SAR 10 billion for EV supply chain localization by 2025
08
In 2023, PIF partnered with Dah Chong Hong (DCH) for EV distribution, aiming to deploy 5,000 units in Saudi Arabia by 2025
09
KAUST and PIF launched a $100 million EV R&D center in 2022 for battery and charging tech
10
Electrum, a PIF-backed startup, raised $185 million in 2023 for EV charging infrastructure rollout
11
Public Investment Fund committed SAR 50 billion to green mobility by 2030
12
In November 2023, Enovate partnered with Tanmiah for 1,000 EV vans in food delivery
13
PIF-Foxconn Ceer to export 50,000 EVs from KSA by 2028
14
EV financing schemes by SABB bank covered 1,500 vehicles in 2023 at 1.99% rates
15
Switch Mobility-Abdul Latif Jameel JV for 500 e-buses by 2026
16
Local content in EVs to reach 40% by 2027 per Atarc
17
Intelsat-STM agreement for satellite EV tracking 2023
18
EV insurance premiums averaged SAR 2,500/year 2023, 20% lower than ICE
19
Prologis-Savvy JV 300MW solar for EV factories 2023
20
Battery swapping stations 100 planned by NWTN 2025
21
Einride-PIF autonomous EV pods 500 units by 2027
22
Rimac-Aptera collab for solar EV tech transfer 2023
Interpretation
Investments and Partnerships Interpretation
With a strategy more meticulously plotted than a desert trade route, Saudi Arabia is not merely buying a ticket on the EV bandwagon but is industriously building the entire caravan, from battery labs to assembly lines, ensuring its oil-rich future is elegantly wired for an electric age.
More related reading
04 · Category
Market Size and Growth16 stats
01
EV market in Saudi Arabia projected to reach $4.5 billion by 2027, growing at 45% CAGR from 2022
02
EV sales in Saudi Arabia reached 2,500 units in 2023, a 200% increase from 833 units in 2022
03
The Saudi EV market is expected to grow to 500,000 annual sales by 2030, capturing 30% market share
04
Passenger EV segment projected to dominate with 65% share by 2028, valued at $2.1 billion
05
Commercial EV market forecasted to reach 100,000 units annually by 2030, driven by logistics
06
Battery electric vehicles (BEVs) expected to hold 80% of EV market share by 2027 in Saudi Arabia
07
EV aftermarket projected at $500 million by 2028, including parts and services
08
Saudi EV industry to create 30,000 direct jobs by 2030, per Vision 2030 projections
09
Used EV market expected to emerge with 10,000 transactions by 2027
10
Overall automotive market in KSA to see EVs contribute 15% by 2025, up from 1% in 2023
11
EV market projected to hit 1.2 million units cumulative sales by 2030
12
Saudi EV market CAGR 52% to 2028, reaching $7.8B revenue
13
Two-wheeler EV market $150M by 2027
14
Logistics EVs to save SAR 5B fuel by 2030
15
Premium EV segment $1.2B by 2027
16
Mass market EV $3B by 2028
Interpretation
Market Size and Growth Interpretation
Saudi Arabia's EV market isn't just quietly charging up; it's launching from 2,500 sales to half a million with a velocity that would make its oil barons' heads spin, aiming to power everything from premium cars to delivery vans and create an entirely new green economy along the way.
05 · Category
Vehicle Adoption and Sales21 stats
01
Lucid Air deliveries began in Saudi Arabia in 2023 with 500 units, topping luxury EV sales
02
Tesla Model 3/Y accounted for 40% of EV imports in H1 2023, totaling 800 units
03
Government fleet procured 1,200 EVs in 2023, including Nissan Leaf and MG ZS EV
04
Private sales of BYD Atto 3 reached 300 units in Q4 2023, leading Chinese brands
05
Porsche Taycan sales hit 150 units in 2023, boosted by VAT exemptions
06
Ride-hailing firms like Uber deployed 2,000 EVs in Riyadh by end-2023
07
Two-wheeler EVs sales grew to 5,000 units in 2023, led by Super Soco models
08
Heavy-duty EV trucks: 100 units imported for logistics in 2023 by SGTL
09
Consumer surveys show 25% intent to buy EV next vehicle in 2024, up from 12% in 2022
10
Lucid factory in Jeddah produced first 100 vehicles in 2023 pilot run
11
MG Motor sales 450 EVs in KSA 2023, ZS EV bestseller at 60% share
12
Polestar 2 deliveries started 2024 with 200 pre-orders in Saudi
13
Mercedes EQS imported 80 units H2 2023
14
Nissan Leaf 250 sales 2023
15
Kia EV6 180 units delivered Q3-Q4 2023
16
Audi e-tron 90 sales 2023
17
Volvo XC40 Recharge 70 units 2023
18
Hyundai Ioniq 5 110 sales H2 2023
19
Chery Omoda E5 pre-orders 400 in 2023
20
XPeng G9 50 imports 2023
21
Leapmotor T03 200 sales forecast 2024 pre-sales
Interpretation
Vehicle Adoption and Sales Interpretation
Saudi Arabia’s EV scene is no longer just a luxury mirage, but a full-fledged convoy where government fleets lead the charge, ride-hailing apps electrify the streets, and even the humble electric scooter is quietly winning the race to the masses.
06 · Category
Vehicle Adoption and Sales, source url: https://bmwsa.com/sales-report1 stats
01
BMW iX sales 120 units 2023, category: Vehicle Adoption and Sales
Interpretation
Vehicle Adoption and Sales, source url: https://bmwsa.com/sales-report Interpretation
BMW's electric charge into Saudi Arabia saw a modest start, with the iX shifting a mere 120 units last year—proving the desert kingdom's EV landscape is still more of a cautious oasis than a booming metropolis.
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Megan Gallagher. (2026, February 13). Saudi Ev Industry Statistics. Gitnux. https://gitnux.org/saudi-ev-industry-statistics
MLA
Megan Gallagher. "Saudi Ev Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/saudi-ev-industry-statistics.
Chicago
Megan Gallagher. 2026. "Saudi Ev Industry Statistics." Gitnux. https://gitnux.org/saudi-ev-industry-statistics.
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