EV exhibition in Riyadh showcases world’s fastest car and three-wheeled e-bike 

EV exhibition in Riyadh showcases world’s fastest car and three-wheeled e-bike 
Saudi Arabia has set a clear goal of converting 30 percent of all vehicles in Riyadh to electric by 2030, as part of a broader strategy to halve the city’s emissions. Al-Eqtisadiah 
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Updated 02 November 2025
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EV exhibition in Riyadh showcases world’s fastest car and three-wheeled e-bike 

EV exhibition in Riyadh showcases world’s fastest car and three-wheeled e-bike 

RIYADH: A three-wheeled electric bicycle, an electric car described as the world’s fastest, and electric buses were among the key innovations showcased at the electric vehicle exhibition held in the Saudi capital over three days. 

Saudi Arabia has set a clear goal of converting 30 percent of all vehicles in Riyadh to electric by 2030, as part of a broader strategy to halve the city’s emissions, Al-Eqtisadiah reported. 

The fourth edition of the exhibition was organized within the framework of Vision 2030, which aims to advance clean transportation. It also served as a platform to discuss local manufacturing plans in the emerging EV sector — domestically, regionally, and globally — and to highlight efforts to develop the skills of Saudi nationals working in the industry. 

Visitors to the exhibition were greeted by strong competition among participating companies showcasing their latest transportation innovations. This competition extended beyond speed to include fueling methods and vehicle capabilities, underscoring that the energy source for future transportation has shifted from gasoline and diesel to electricity — Edison’s invention that transformed modern life. 

The exhibition featured the launch of several new vehicles. Bako Motors unveiled the Bako B1, a three-wheeled electric motorcycle designed for last-mile delivery services. The vehicle includes a solar roof that can generate enough energy for up to 50 km of daily driving, along with a 2,000-liter cargo capacity, addressing the needs of logistics firms seeking sustainable fleets. 

Also on display was the ROX ADAMAS, an all-terrain SUV showcased for the first time, while Lucid Motors presented its Gravity SUV, featuring a range exceeding 700 km and equipped with advanced driver-assistance technologies. 

DAN Motors introduced its CG150 motorcycle, featuring a 149cc engine, five-speed transmission, top speed of 95 km/h, an 11.5-liter fuel tank, and a payload capacity of up to 265 kg. 

This shift toward electric mobility is being driven by significant investments in local manufacturing and growing consumer confidence. Market studies suggest that about 40 percent of the population plans to purchase an electric vehicle within the next three years. 

A key theme at the exhibition was progress in infrastructure development. 

Faisal Sultan, regional president of Lucid Motors, said the organizational structure and infrastructure for EV adoption are now in place. He noted that the Public Investment Fund has established a specialized company to develop the national charging network, which has already expanded to more than 200 locations, with plans to exceed 1,000 charging stations by 2030. 


Saudi Arabia, China explore joint investment opportunities in advanced industries

Saudi Arabia, China explore joint investment opportunities in advanced industries
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Saudi Arabia, China explore joint investment opportunities in advanced industries

Saudi Arabia, China explore joint investment opportunities in advanced industries

RIYADH: Saudi Arabia and China are deepening their industrial cooperation as the Kingdom accelerates efforts to attract high-value investments and strengthen global partnerships in advanced manufacturing and technology.

Minister of Industry and Mineral Resources and Board Chairman of the National Industrial Development Center Bandar Alkhorayef chaired a meeting of the center with a delegation comprising leaders of more than 30 Chinese companies, according to the Saudi Press Agency.

The two sides discussed ways to enhance industrial cooperation between Saudi Arabia and China and explored joint investment opportunities in several high-value industries, notably machinery and equipment, semiconductors, and advanced manufacturing technologies.

Held in the Saudi capital, the meeting reviewed the Kingdom’s competitive advantages in the industrial investment landscape, the key enablers offered by the industrial ecosystem to facilitate investments, and promising opportunities across advanced sectors.

It also discussed avenues for knowledge exchange, technology transfer, and innovative industrial solutions, in addition to cooperation in supply chains and other areas of mutual interest.

Several entities within the Saudi industrial ecosystem presented overviews of their capabilities and services to support industrial investors, including the Royal Commission for Jubail and Yanbu, the Local Content and Government Procurement Authority, and the Saudi Authority for Industrial Cities and Technology Zones, known as MODON, as well as the Saudi Industrial Development Fund, and the Saudi EXIM Bank.

The meeting was attended by senior officials from the Saudi industrial sector and a Chinese delegation led by the vice president of Tsinghua University, along with executives from around 30 Chinese companies specializing in industry and technology.

The gathering comes as part of the center’s efforts to strengthen international industrial partnerships, attract high-quality investments, and connect local and international investors with promising opportunities in targeted sectors — supporting sustainable industrial development and enhancing the sector’s role in diversifying the national economy in line with Saudi Vision 2030.