TotalEnergies and Altaaqa to roll out EV charging stations in Saudi Arabia
TotalEnergies and Altaaqa Alternative Solutions, part of Jeddah-based diversified Zahid Group, have signed a preliminary agreement to develop and install integrated electric vehicle charging stations in Saudi Arabia, the French energy giant said.
The companies will work together under the Altaaqa EV brand name to develop EV charging infrastructure encompassing all the phases of supply equipment deployment, such as engineering, project management, supply, installation, and technical operation, TotalEnergies said in a statement.
According to the agreement, Altaaqa EV will submit proposals to both prime contractors and end-users, providing them with comprehensive EV charging station solutions. Combining TotalEnergies´ global know-how in the EV charging business and technology with Altaaqa’s commercial knowledge in the power generation sector will ensure that the Saudi Arabian EV market has access to the highest international standards of quality and safety, the companies said.
“We are very pleased to begin a cooperation with Zahid Group and its subsidiary Altaaqa. Our two groups are joining forces to start addressing the Saudi Arabian electric mobility market. It’s a great opportunity to be committed to the transition towards a more sustainable land transportation in the Kingdom of Saudi Arabia,” Pierre Clasquin, Vice President EV Charge Division at TotalEnergies, said in a statement.
Saudi Arabia recently unveiled its Green Initiative charter, and the project is aligned with the kingdom’s Vision 2030 renewable energy pillar that encourages the move towards electric vehicles and the development of associated electric vehicles charging solutions, the companies said.
“Zahid Group and TotalEnergies have worked together for over 15 years and have a strong partnership via joint ventures in various energy related categories… The announcement of this new agreement will reassure automotive retailers and end-users across the Kingdom of Saudi Arabia,” Majid T. Zahid, Group President – Energy at Zahid Group, added in a statement.
TotalEnergies has focused on growing its portfolio of charging networks in global cities, including in France, Netherlands, Belgium, United Kingdom, China and Singapore.
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