Last Mile LEVs in KSA to hold an attractive Future Potential with lucrative government initiatives. Domestic express courier dominates the market and is expected to register revenue growth at a CAGR of 4.4%. Most e-commerce retailers in KSA struggle with last-mile delivery as delays, reduced success rate & difficulty cash on delivery (COD) handling. Inconsistent demand, with spikes during festive seasons such as Ramadan, put additional pressure on the supply-side… Read More »
The KSA Last Mile LEVs Market is expected to grow with the increase in the deployment of EVs in the kingdom. Explore the key trends in the market: Ken Research EVs are slowly gaining traction, with less than 0.5% of vehicles in Saudi Arabia being PHEVs. Efforts to develop an EV market are in line with Saudi Crown Prince Muhammed bin Salman’s Vision 2030 plan, which aims to reduce the country’s reliance on oil, diversify the economy, and implement a variety of social reforms. Saudi… Read More »
