DUBAI (Reuters) - Saudi oil giant Aramco signed a joint development agreement with Chinese electric vehicle (EV) manufacturer BYD to explore collaboration in the development of new energy vehicle ...

Saudi Arabia is working to diversify its economy, which is dependent on oil export revenue, and wants to set up 5,000 EV charging stations by 2030.

Saudi Arabia has set an ambitious target to increase electric vehicle adoption from 1% to 30% within five years. However, the kingdom faces infrastructure challenges, with only 101 EV charging ...