Electric Vehicle Infrastructure Company (EVIQ), a joint venture company between the Public Investment Fund (PIF) & Saudi Electricity Company (SEC) has signed a Memorandum of Understanding (MoU) with Riyadh Development Company in aims of enhancing the Kingdom’s charging infrastructure for electric vehicles. This agreement aligns with both parties’ efforts to enhance sustainable transportation infrastructure in the Kingdom, in line with the Saudi Vision 2030 and the Kingdom’s environmental sustainability goals.