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PIF, SEC set up firm to provide EV charging infrastructure

Saudi Arabia's Public Investment Fund (PIF) and Saudi Electricity Company (SEC) announced on Sunday the launch of the Electric Vehicle Infrastructure Company to deliver best-in-class electric vehicle (EV) fast-charging infrastructure across the kingdom.

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PIF, Saudi Electricity Company Announce Launch of Electric Vehicle Infrastructure Company

Saudi Arabia's Public Investment Fund (PIF) said on Sunday that it has partnered with the Saudi Electricity Company (SEC) to launch an electric vehicle infrastructure company. "PIF will own a 75% stake in the Company, while SEC will hold the remaining 25% stake," the sovereign wealth fund said in a statement.

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Saudi Arabia's Wealth Fund Launches Electric Vehicle Infrastructure Company

Saudi Arabia's Wealth Fund Launches Electric Vehicle Infrastructure Company
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Saudi Arabia's wealth fund launches electric vehicle infrastructure company

Saudi Arabia's wealth fund launches electric vehicle infrastructure company
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PIF, Saudi Electricity Company announce launch of Electric Vehicle Infrastructure Company

PIF, Saudi Electricity Company announce launch of Electric Vehicle Infrastructure Company
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