E-commerce companies and 3PL players across the board eventually committing to including EVs in their fleet as a part of their sustainability initiatives will have Strong Influence in the Industry: Ken Research

Key Findings Majority of the companies and users are hesitant to adopt LEVs owing to outdated concerns regarding range and reliability. Under the automotive sector strategy, NIDLP is aiming to attract 3 to 4 international manufacturers to locally manufacture EVs. The mass production of batteries and available tax incentives will bring down the cost of… Read More »

Future Growth of KSA Light Electric Vehicle Market Outlook: Ken Research

What is the current scenario of LEVS in LMD? The advent of e-commerce, food and grocery deliveries is leading to a rapid increase in demand for last-mile deliveries. Approximately 30,000 Light Commercial Vehicles are employed throughout the kingdom for last mile delivery fulfilling more than 200 Million orders. Most e-commerce retailers in KSA struggle with… Read More »

High penetration acceptance of the use LEVs could radically reduce the high rate for demand of oil: Ken Research

Establishing standard protocols for EVSE grid communication or creation of public-private partnership to fund and operate EVSE infrastructure is not yet present in KSA. Type of Fleet Used: Most of the CEP companies such as UPS, DHL and Saudi Post use four-wheelers, particularly small vans, instead of two-wheelers to deliver parcels/packages in Saudi Arabia due… Read More »