{"id":96544,"date":"2025-04-30T00:00:00","date_gmt":"2025-04-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/04\/30\/eviq-mercedes-juffali-plug-in-to-power-saudi-ev-shift\/"},"modified":"2025-04-30T00:00:00","modified_gmt":"2025-04-30T00:00:00","slug":"eviq-mercedes-juffali-plug-in-to-power-saudi-ev-shift","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/04\/30\/eviq-mercedes-juffali-plug-in-to-power-saudi-ev-shift\/","title":{"rendered":"EVIQ + Mercedes + Juffali plug in to power Saudi EV shift"},"content":{"rendered":"

\n

EV-<\/p>\n

<\/strong>EVIQ, Mercede<\/strong>s, Juffali to develop EV infrastructure:<\/strong> The Electric Vehicle Infrastructure Company (EVIQ) \u2014 the JV between the PIF and the Saudi Electricity Company \u2014 inked an MoU with Mercedes-Benz KSA and the Juffali Automotive Company to develop a high-speed EV charging network across the Kingdom, according to a statement<\/a>. The agreement also covers initiatives to raise public awareness of switching to EVs.<\/p>\n

EVIQ is on a roll: <\/strong>EVIQ partnered with Ceer<\/a>, Sasco<\/a>, Lucid<\/a>, BYD<\/a>, and Zeekr<\/a> to develop EV infrastructure across the country. EVIQ opened its first fast EV charging station in Riyadh in January 2024<\/a> and plans to deploy over 5k chargers across the Kingdom by 2030. <\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

\n

RETAIL-<\/p>\n

Tihama jo<\/strong>ins Lenovo:<\/strong> Tihama Distribution, a subsidiary of Tihama Advertising, Public<\/a>Relations, and Marketing<\/a>, is now an official partner of Lenovo through the Lenovo 360 Engage Program, according to a disclosure to Tadawul<\/a>. The agreement allows Tihama to sell Lenovo\u2019s commercial devices and infrastructure solutions in the Kingdom, including laptops, PCs, servers, and related services. Tihama also received several technical certifications from Lenovo in areas like data centers, cloud computing, and AI.<\/p>\n

ICYMI<\/strong>- <\/strong>Tihama Advertising signed a one-year non-binding MoU with Masar Alula last month<\/a> to explore acquiring a stake in the firm, which owns the Hashikom restaurant chain.<\/p>\n

\n

STARTUP WATCH-<\/p>\n

Homegrow<\/strong>n AI-driven health and fitness app <\/strong>Miran<\/a><\/strong> merged with the Egyptian wellbeing <\/strong>platform <\/strong>Welnes App<\/a><\/strong>, according to a post on LinkedIn<\/a>. The merger was led by an unnamed local angel investor affiliated with Doroob VC, according to a press release<\/a>.<\/p>\n

The details: <\/strong>The new company will be headquartered in Riyadh and led by CEO Amr Saleh (LinkedIn<\/a>) and CTO Eslam Ali (LinkedIn<\/a>), aiming to develop a unified health platform that combines Miran\u2019s AI-driven tools with Welnes\u2019 coach-led programs to offer customized meal and workout plans supported by data-driven health analytics.<\/p>\n

\n

INS.-<\/p>\n

Al Rajhi Takaful<\/a><\/strong> retained an Ins. Financial Strength Rating (IFSR) of A3 with a stable <\/strong>outlook<\/strong>, based on a strong market position, steady good profits, and low reserve risk, Moody\u2019s said in a press release (pdf)<\/a>. The rating agency drew attention to business diversification, profitability changes, asset quality, and market share as potential factors leading to changes in rating.<\/p>\n

\n

LOGISTICS-<\/p>\n

Saudia Cargo +<\/strong> Henan ink cargo partnership: <\/strong>Saudia Cargo and China\u2019s Henan Aviation Group inked an MoU to ramp up services between Riyadh and Zhengzhou via the Air Silk Road, according to a statement<\/a>. The move looks to expand the airline's cargo capacity between the two countries and foster trade growth. No further details about the number of new routes or the timeline were disclosed.<\/p>\n

\n

HOUSING-<\/p>\n

NHC + CS<\/strong>CEC <\/strong>plan<\/strong> 20k homes:<\/strong> The National Housing Company (NHC) extended its partnership with China State Construction Engineering Corp<\/a> (CSCEC) to build 20k housing units in Riyadh, Jeddah and Dammam, the company said in a post on X<\/a>. So far, over 3.8k units have already been developed through this collaboration.<\/p>\n

Part of a bigger plan<\/strong>:<\/strong> The NHC has been tasked with building affordable housing options<\/a> to close the 1.2 mn housing units gap needed to achieve a 70% home ownership target by 2030. It may add another 100k housing units this year to the 200k already in the pipeline.<\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS: KAUST + MOTLS launch hub for future transport tech<\/p>\n","protected":false},"author":1,"featured_media":96545,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[54,10,1273,101,2050,3980,1887,2261],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-96544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-enterpriseam-ksa","tag-esports","tag-eviq","tag-king-abdullah-university-of-science-and-technology-kaust","tag-lenovo","tag-national-housing-company-nhc","tag-tihama-advertising-and-public-relations","wpautop","entry"],"acf":{"mongo_id":"678c96e5-c671-42a2-8ae5-e2774438949e","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/1891.jpg","photo_position":"above","homepage_title":"","full_issue_title":"EVIQ + Mercedes + Juffali plug in to power Saudi EV shift","related_issue":[96530],"teaser":"PLUS: KAUST + MOTLS launch hub for future transport tech","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.fb99144d-6cb0-4bb3-9c22-145000e5c438.mp3"},"yoast_head":"\nEVIQ + Mercedes + Juffali plug in to power Saudi EV shift - 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