VinFast, an electric vehicle brand of Vingroup, a business conglomerate in Vietnam, has appointed Prashanth Rao as the new CEO for its Middle East operations. In this role, Rao will spearhead the regional strategy, accelerate EV adoption and establish a robust footprint in a rapidly growing market.
Saudi chemicals giant Sabic has signed an agreement with electric vehicle maker Ceer to explore the use of advanced materials in the design and manufacture of EV units in the kingdom.
Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) signed a usufruct agreement with Korean EV technology company EL B&T to establish an electric vehicle and battery cell production project in Duqm’s special economic zone, with investments estimated at $250 million.
New Murabba Development Company, a wholly-owned subsidiary of Saudi Arabia's sovereign wealth fund PIF, has signed a strategic agreement with Electric Vehicle Infrastructure Company (Eviq) for deployment of EV charging infrastructure across key assets within its giga project - New Murabba.
King Abdulaziz City for Science and Technology (KACST), the Kingdom’s national laboratory, and Lucid Group, the manufacturer of some of the world’s most advanced electric vehicles, have inaugurated the first Electric Vehicle Innovation Center in the Middle East, located in Saudi Arabia.
Dubai Electricity and Water Authority (Dewa) has signed agreements with local firms - Emirates National Oil Company (Enoc), Dubai Taxi and Parkin company - for smooth expansion of its electric vehicle (EV) charging network across Dubai.
Zain Bahrain, a leading telecommunications and technology innovator in the Kingdom, has signed a strategic agreement with Huawei to launch the fastest electric vehicle (EV) chargers in Bahrain at its headquarters in Seef.
Adnoc Distribution has announced the launch of the region's largest superfast EV charging hub on E11 highway between Abu Dhabi and Dubai with 60 charging points. Plans are afoot to open 20 EV charging hubs by the end of 2027, of which 15 will open later this year.
