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الاقتصادية
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الاقتصادية

2026-11-05T13:17:21.421Z

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Nvidia shares shed $320B

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19 Hrs2026-11-05T20:56:00.000Z
Nvidia shares shed $320B

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21 Hrs2026-11-05T19:37:00.000Z
Qualcomm Stock Falls 12%
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Saudi EV Sector Transforms

Saudi EV Sector Transforms

Imports of electric vehicles into Saudi Arabia rose by around 600% in 2025, signaling growing demand and interest in sustainable transport. Saad Basaad, chair of the Governance Committee at the Electric Vehicle Technologies Association, said the goal is for electric vehicles to account for more than 30% of vehicles in Riyadh by 2030—a target that will require infrastructure development and stronger cooperation between government entities and the private sector. The association is also working on a research initiative with more than 49 Saudi universities, alongside partnerships with charging and sales companies and vehicle manufacturers, to support the sector’s growth and localize its technologies.

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