Saudi Arabia is making strategic investments in the electric vehicle (EV) industry as part of its Vision 2030 road map. The country aims to have 30% of vehicles in Riyadh electrified by 2030 and is focusing on creating a comprehensive EV ecosystem. The Kingdom has invested in US-based EV manufacturer Lucid and is set to launch its own electric vehicle brand, Ceer, in 2026. Saudi Arabia is also prioritizing the development of a self-sufficient automotive supply chain and has allocated $9 billion to EV-related materials. The country is working on integrating AI and automation into the automotive sector and is fostering partnerships with global tech firms to enhance the digital infrastructure for smart mobility solutions.