Saudi Arabia Electric Vehicle Charging Stations Market Report, Size, Share, Opportunities, and Trends Segmented By Vehicle Type, Propulsion Type, and Ownership – Forecasts from 2025 to 2030

Companies Profiled

Saudi Arabia Electric Vehicle Charging Stations Market Size:

The Saudi Arabia Electric Vehicle Charging Stations Market is expected to witness robust growth over the forecast period.

Saudi Arabia Electric Vehicle Charging Stations Market Key Highlights

• The Saudi government's commitment to ensuring 30% of all vehicles in Riyadh are electric by 2030 directly catalyzes massive public charging network expansion, driving demand for fast-charging DC units.
• The formation of the Electric Vehicle Infrastructure Company (EVIQ), a joint venture between the Public Investment Fund (PIF) and the Saudi Electricity Company (SEC), spearheads the deployment of over 5,000 fast chargers by 2030.
• The mandated SASO certification for all EV charging equipment establishes a non-negotiable standard for safety, performance, and compatibility, streamlining market entry for compliant international hardware manufacturers.
• Strategic partnerships between state-backed entities and global automotive manufacturers, such as the Lucid Motors and Ceer local production initiatives, create a guaranteed vehicle fleet that fundamentally underpins charging infrastructure demand.

The Saudi Arabian Electric Vehicle (EV) Charging Stations Market is undergoing a foundational transformation, anchored by the national economic diversification strategy, Vision 2030. This overarching policy mandates a significant shift toward sustainable mobility, directly converting national environmental and economic goals into tangible demand for charging infrastructure. The market’s primary dynamic is the state-driven creation of an EV-ready ecosystem, moving past typical organic adoption models seen elsewhere. This necessitates a rapid, simultaneous build-out of both the EV fleet and its requisite charging network to ensure driver confidence and uptake, positioning the market at a critical inflection point where infrastructure development must precede mass vehicle adoption.

Saudi Arabia Electric Vehicle Charging Stations Market Analysis

• Growth Drivers

Vision 2030's ambitious electrification targets function as the core growth driver. The goal to have 30% of vehicles in Riyadh be electric by 2030 compels a proportional increase in charging infrastructure deployment, creating direct, verifiable demand for stations. Furthermore, the commitment by the Saudi government to purchase up to 100,000 vehicles from the locally-based Lucid Motors over ten years provides a guaranteed captive fleet, which in turn necessitates a dedicated charging network to support its commercial and public sector operations. The Saudi Green Initiative's objective to reduce carbon emissions by over 278 million tons per annum by 2030 solidifies the policy mandate, making EV adoption, and consequently the associated charging infrastructure, a national imperative.

• Challenges and Opportunities

A primary challenge is the initial low consumer EV penetration rate, which creates an underutilization risk for early-stage network operators. This uncertainty acts as a constraint on purely private-sector, risk-capital-driven deployment. However, this challenge simultaneously creates a massive opportunity for early-mover operators, particularly those partnered with the government. The Electric Vehicle Infrastructure Company (EVIQ)’s plan to deploy over 5,000 fast chargers in 1,000 strategic locations by 2030 mitigates this risk by providing a foundation of state-backed demand, offering immediate market access and scale. The sheer geographical size of the Kingdom presents a logistical challenge for long-haul EV travel, directly translating into an opportunity for high-power DC charging stations along major inter-city highway corridors to alleviate range anxiety and boost inter-city demand.

• Raw Material and Pricing Analysis

EV charging stations are a physical product, making raw materials and pricing a crucial factor. The primary materials include power electronics (semiconductors, IGBTs for DC conversion), copper cabling, and specialized steel/aluminum enclosures. Global supply chain constraints, particularly in the semiconductor market, directly impact the cost and lead time for high-power DC chargers. Since the Kingdom is not a major producer of these specialized electronic components, the market remains highly dependent on international suppliers, primarily from Asia and Europe. This dependence exposes local charging station operators to global price volatility and logistics costs, which they must manage to maintain service pricing stability for consumers.

• Supply Chain Analysis

The global supply chain for EV charging hardware is mature, yet it remains geographically centralized. Key production hubs for sophisticated AC and DC charging hardware are concentrated in China, Europe (e.g., Germany, the Netherlands), and the US. The Saudi Arabian market is currently a consumer of finished charging units, creating a logistical dependency on major ports and inland distribution networks. Logistical complexity is exacerbated by the need to import equipment that must meet the specific technical and safety standards set by the Saudi Standards, Metrology and Quality Organization (SASO), adding a layer of compliance complexity before deployment. The PIF's investment in local EV manufacturing signals a future intent to localize battery and potentially charger component production, which would reduce current import dependency and strengthen the domestic value chain.

Government Regulations

In-Depth Segment Analysis

• By Propulsion Type: DC Charging Station

The need for DC Charging Stations is driven primarily by the Kingdom’s focus on enabling inter-city travel and reducing charging times in high-traffic urban centers, an absolute necessity given the country’s vast geography and high heat conditions. Government-backed deployments, led by EVIQ, are explicitly targeting high-power DC units (often 100 kW and above) for public and highway locations. This high-speed charging capability is the central mechanism for overcoming customer range anxiety, a critical growth barrier. Furthermore, the mandatory fleet adoption by government and commercial entities requires rapid turnaround times at centralized depots, which only DC fast-charging can provide, creating a guaranteed B2B demand segment distinct from the consumer market.

• By End-User: Public

The Public end-user segment, which includes highway stations, shopping centers, and government parking, is the foundational growth catalyst for the entire market. In a nascent EV market, public accessibility fundamentally dictates consumer adoption. The government's strategic decision to co-found EVIQ to deploy 5,000 public fast chargers is the single largest demand lever, creating the necessary network density for widespread EV use. Moreover, the integration of charging infrastructure into Saudi Arabia's "Giga-projects" (e.g., NEOM, ROSHN communities) creates large, concentrated, and guaranteed demand for public access points within new, technologically advanced urban centers, effectively bypassing the slower, organic build-out observed in mature markets.

Competitive Environment and Analysis

The Saudi EV charging market’s competitive structure is characterized by a central, state-backed entity setting the market pace, complemented by aggressive private and international partnerships. The Electric Vehicle Infrastructure Company (EVIQ) is the dominant market architect, backed by the PIF and SEC, making it the unavoidable cornerstone for any major infrastructure project.

Electric Vehicle Infrastructure Company (EVIQ): A joint venture between PIF and SEC, EVIQ's strategic positioning is non-competitive in the conventional sense; it is a market enabler and cornerstone setter. Its key product is the deployment and operation of a nationwide network of over 5,000 fast chargers by 2030. This initiative directly de-risks the market for other players by building the foundational infrastructure that validates EV adoption. Its 2023 launch of a dedicated R&D facility in Riyadh, confirmed by the Saudi Press Agency (SPA), highlights a commitment to localizing testing and ensuring equipment meets the Kingdom’s unique climate and safety requirements.

Electromin: A wholly-owned subsidiary of Petromin Corporation, Electromin operates one of Saudi Arabia's first and largest nationwide public EV charging networks. The company's strategy focuses on building out its network organically and through partnerships, leveraging its existing footprint in the retail and energy sectors. In September 2025, Electromin’s subsidiary signed a Memorandum of Understanding with the Jeddah Transport Company to develop new charging stations, demonstrating its focus on municipal and public transport infrastructure.

Recent Market Developments

• August 2025: E-FILL, operated by ASX eMobility, announced the launch of Saudi Arabia’s first subscription-based EV charging model, offering Basic, Standard, and Business/Fleet plans. This development, confirmed by the company’s press release, is a direct move to enhance cost predictability and affordability for EV drivers and fleet operators, aiming to reduce the operational cost barrier to greater EV adoption.
• January 2024: EVIQ inaugurated its first public DC fast-charging site at ROSHN Front in Riyadh. The site features two high-power chargers (>100 kW) and was a significant step toward its 5,000-charger deployment target. The launch, verified by the company's official newsroom, represented a capacity addition of advanced technology, demonstrating EVIQ's mandate to deploy fast-charging solutions from the outset.

Saudi Arabia Electric Vehicle Charging Stations Market Segmentation:

BY VEHICLE TYPE

• Passenger Vehicle
• Commercial Vehicle
• Others

BY PROPULSION TYPE

• AC Charging Station
• DC Charging Station

BY OWNERSHIP TYPE

• Public
• Private
  • Residential
  • Workplace

Companies Profiled

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK 

5.  SAUDI ARABIA ELECTRIC VEHICLE CHARGING STATION MARKET BY VEHICLE TYPE  

5.1. Introduction

5.2. Passenger Vehicle

5.3. Commercial Vehicle

5.4. Others

6. SAUDI ARABIA ELECTRIC VEHICLE CHARGING STATION MARKET BY PROPULSION TYPE  

6.1. Introduction

6.2. AC Charging Station

6.3. DC Charging Station

7.  SAUDI ARABIA ELECTRIC VEHICLE CHARGING STATION MARKET BY OWNERSHIP TYPE  

7.1. Introduction

7.2. Public

7.3. Private

7.3.1. Residential

7.3.2. Workplace

8.  COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Climatic Charger 

9.2. EVIQ 

9.3. Turning Point Energy 

9.4. ABB 

9.5. Schneider Electric

9.6. Luxman Energy  

9.7. Charging Arabia

9.8. Tesla 

10. APPENDIX

10.1. Currency 

10.2. Assumptions

10.3. Base and Forecast Years Timeline

10.4. Key benefits for the stakeholders

10.5. Research Methodology 

10.6. Abbreviations 

Companies Profiled

Climatic Charger 

EVIQ 

Turning Point Energy 

ABB 

Schneider Electric

Luxman Energy  

Charging Arabia

Tesla 

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