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  • ton = $6.05 -0.22 (-3.50 %)

6 Jun, 2022
1 min time to read

Saudi Petromin’s new venture Electromin aims at enhancing the customers’ confidence in buying electric vehicles as the company opens 100 EV charging stations in Saudi Arabia.

More of that, the company plans to expand the number of stations beyond 100 in an attempt to mitigate the most critical concern of people who wish to buy EVs - charging the vehicles. The customers’ fear concentrates mainly in running out of storage and getting stuck on the road being unable to recharge. Thus, such anxiety is the biggest obstacle to the adoption of EV. Addressing this issue, Electrominassists users by offering a mobile charging service for EV users in real time and on the spot.

The existing 100 locations cover major cities - Riyadh, Jeddah, and Dammam. Still, Electromingroup admits the Kingdom would eventually need a national network of EV charging stations.

Along with AC charges the company also plans to introduce direct current (DC) fast chargers as the market grows and more customers in KSA start buying EVs.