Desert Power The Saudi Arabia EV Market Surge

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2026-01-08 08:22:15 -

The Middle East is witnessing a historic energy transition as the EV market accelerates under the ambitious framework of Vision 2030. The Saudi Arabia EV market was valued at USD 2,259 Million in 2024 and is projected to grow to USD 11,500 Million by 2030, with a compound annual growth rate (CAGR) of 33.1% from 2025 to 2030. This massive capital influx is driven by the government's goal to...

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