Money & BusinessSaudi Arabia
Saudi: Altaaqa and TotalEnergies to develop EV charging stations
Saudi Arabia’s Altaaqa, a part of Zahid Group, and France’s TotalEnergies have signed an initial agreement to develop integrated electric vehicle charging stations in the Kingdom.
Under the Altaaqa EV brand, the companies will offer end-to-end solutions for the development of the stations, which include adequate infrastructure and equipment deployment.
The move will help Saudi Arabia in its bid to achieve net-zero carbon emissions by 2060.