Riyadh, Saudi Arabia : Schneider Electric and ELECTROMIN have partnered together to drive growth for a range of technologies in the Kingdom’s electric vehicle (EV) sector. The agreement aims to accelerate the realization of sustainable and zero emission mobility in the Kingdom by creating an integrated EV ecosystem that offers an affordable, unique one stop electric mobility as a service (eMaaS) solution, by providing access to advanced technology, products, infrastructure, and maintenance.

This comes as part of the efforts both companies are undertaking to contribute to and support the national efforts of promoting sustainable technologies that move the Kingdom towards its Vision 2030 goals, utilize clean energy to reduce the country’s carbon emissions, and create tens of thousands of new jobs in the green economy space. Saudi Arabia’s Green Initiative aims to reduce the country’s carbon emissions in the region by 60 percent through the use of green technologies and reducing carbon emissions from the transportation sector will be crucial to the country achieving its net zero goals.

ELECTROMIN is a leading technology & e-mobility solutions provider focusing on providing a complete turnkey solution from in-depth consultancy through to network operation and maintenance, the building of charging network throughout the country’s main urban areas to offer a seamless charging experience for EV drivers, and the provision of global industry expertise to provide the best knowledge and experience to the Kingdom’s fast growing EV sector. 

 “Sustainability and electric vehicles are among the two of the fastest growing segments in the coming years, and we wanted to partner with a global leader in this space,” said Kalyana Sivagnanam, Chief Executive Officer, ELECTROMIN. “Schneider Electric has long been a pioneer in the green technology space globally and in Saudi Arabia, and we are excited to be working with the Schneider Electric team in Saudi Arabia to accelerate this transition.”

“Saudi Arabia is leading the way when it comes to having a comprehensive sustainability vision, and by working with ELECTROMIN, we’re looking forward to be able to contribute to the country achieving this green transition,” said Mohamed Shaheen, Cluster President Saudi Arabia and Yemen, Schneider Electric. “Schneider Electric’s charging technologies are installed throughout the Kingdom, in malls, offices, residential developments and government buildings, and we both see the enormous potential for solutions in the electric vehicle space, and we’ll be working closely together to support our Saudi customers as they move towards becoming cleaner and greener.” 

-Ends-

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.