In Saudi Arabia, electric cars account for a tiny proportion of vehicle sales. But the oil-rich kingdom wants to change that by rolling out manufacturing plants and charging facilities.

The agreements include an order from ENOWA’s engineering, procurement and construction management (EPCM) partner, the Saudi Electricity Company (SEC) awarded to Hitachi Energy and its consortium ...

CEO of SEC Khaled Al Gnoon said: “The financing comes in line with our ambitious investment strategy aimed at injecting approximately SR500bn in our expansion plans in the electricity sector, and ...