Tuesday 26 November 2024
 
»
 
»
Story

Top EV company Eviq to open research unit in Riyadh

RIYADH, December 18, 2023

Eviq, a key electric vehicle infrastructure company, has announced plans to open a research and development (R&D) facility in Riyadh that is a first-of-its-kind in the region, according to an EVIQ press release.
 
A joint venture between Saudi sovereign wealth fund PIF (Public Investment Fund) and Saudi Electricity Company (SEC), Eviq said the new facility will be used for testing a spectrum of chargers and software, mainly to ensure the deployment of best-in-class equipment and related software, thus reinforcing its 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 standards for operating in Saudi Arabia, it stated.
 
Eviq CEO Mohammad Bakr Gazzaz said: "The launch of our R&D facility is a testament to our commitment to quality and sustainable development of the Kingdom’s EV infrastructure. Our state-of-the-art facility ensures that Eviq remains at the cutting-edge of EV charging solution development, bringing users the optimal charging experience, and ensuring that every EV driver in Saudi Arabia has access to reliable and efficient charging solutions."
 
"This facility is a cornerstone in our strategy to support the Kingdom’s Vision 2030. By focusing on top-quality charger deployment and ensuring compatibility with a range of EVs, we are paving the way for the growth of a sustainable and advanced EV ecosystem in Saudi Arabia, further supporting the wider Saudi objectives," he stated.
 
According to Eviq, the new R&D facility plays a crucial role in its mission to "deliver the highest quality EV charging solutions by thoroughly testing various types of chargers." 
 
The facility is not just a testament to Eviq's commitment to innovation, but also a significant step toward enhancing charger efficiency, reliability and compatibility, it stated, adding that it serves as a hub for developing the expertise and knowledge in charger technology that will support the evolving needs of the electric vehicle market in Saudi Arabia.
 
Eviq said it has set an ambitious target for deployment of 5,000 chargers across 1,000 strategic locations by 2030. 
 
"This ambitious plan highlights EVIQ's dedication to catalyzing the EV ecosystem in Saudi Arabia, heralding a new era of sustainable mobility," it added.-TradeArabia News Service



Tags: Saudi | research | facility | Electric vehicle |

More Motoring Stories


Markets

calendarCalendar of Events

Partners

4580

Ads

Buy high quality China wholesale Health & Beauty , Electronics, Sports & Outdoors , Computers, Video Games, Toys & Hobbies Cell Phones, Automobiles and other wholesale products directly from reliable Chinese wholesalers or Factories on DHgate.com