IMARC Group, a leading global market research and management consulting firm, has published its latest market intelligence report on the Saudi Arabia e-mobility market. The Saudi Arabia e-mobility market size increased from USD 773.5 Million in 2025 to USD 987.6 Million in 2026, and is projected to reach USD 6,967.4 Million by 2034, exhibiting a CAGR of 27.66% during 2026-2034, driven by Vision 2030 sustainability goals, rising environmental awareness, growing smart city investments, and the expanding integration of digital technologies in traffic management and public transport.
E-mobility benefits from the structural shift away from gasoline and diesel-powered transport in Saudi Arabia, with every new smart city district, urban corridor, and fleet upgrade creating demand for electric vehicles, charging infrastructure, and battery ecosystems. The market is forecast to add approximately USD 5.98 Billion in incremental value between 2026 and 2034, with three structural forces shaping this trajectory: Vision 2030-led sustainability and diversification goals, large-scale smart city development including NEOM, and a growing wave of automaker and energy-sector partnerships building the Kingdom’s green mobility ecosystem.
Saudi Arabia E-Mobility Market at a Glance:
- Market Size (2025): USD 773.5 Million
- Market Size (2026): USD 987.6 Million
- Forecast Market Size (2034): USD 6,967.4 Million
- CAGR (2026-2034): 27.66%
- Electric Car Market Size (2024): USD 500 Million
- Products Covered: Electric Car, Electric Motorcycle, Electric Scooter, Electric Bike, and Others
- Batteries Covered: Sealed Lead Acid, Li-ion, and NiMH
How AI is Reshaping the Future of the Saudi Arabia E-Mobility Market
- AI-Powered Traffic and Public Transport Management: Digital technologies and intelligent traffic systems are being integrated into urban transport networks, optimizing routes, reducing congestion, and making electric public transport and shared mobility more efficient as smart city projects scale across the Kingdom.
- Smart Charging and Connected Infrastructure: Smart charging stations, connected transportation systems, and dedicated EV lanes in new urban developments are using data-driven load management to make EV ownership more convenient, supporting adoption in cities like NEOM.
- Intelligent Battery Management and Recycling: Advanced battery management systems and the emerging battery production and recycling ecosystem are helping extend battery life, improve range reliability, and strengthen the long-term economics of electric cars, bikes, and scooters.
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Saudi Arabia E-Mobility Market Trends and Drivers:
Rising environmental concerns are the foundational driver behind e-mobility adoption in Saudi Arabia. Growing awareness about climate change, air pollution, and carbon emissions is pushing both individuals and policymakers toward cleaner transportation, particularly in urban centers where traffic-related pollution is a major issue. Electric cars and electric bikes, which produce zero tailpipe emissions, are emerging as the preferred alternative to conventional gasoline and diesel vehicles, with the Saudi Arabia electric car market reaching USD 500 Million in 2024, while citizens increasingly view EVs as responsible choices aligned with a greener lifestyle.
Smart city expansion is compounding this environmental momentum with direct infrastructure demand. In November 2024, Tilal Real Estates initiated a smart city development on the eastern side of the Kingdom worth approximately SAR 6 Billion (USD 1.6 Billion), covering around 268,000 square meters of residences, workplaces, hotels, parks, shopping centers, and entertainment venues. As the Kingdom builds technologically advanced and sustainable urban centers like NEOM, smart city plans are incorporating EV-ready infrastructure, smart charging stations, dedicated EV lanes, and connected transportation systems that make daily EV adoption easier.
Industry partnerships and ecosystem investment are reshaping the competitive environment on top of these demand drivers. In May 2024, Aramco teamed up with BYD to develop innovative low-emission vehicles, aiming to reduce oil reliance and position Saudi Arabia as a major center for green mobility within the GCC, while in December 2024 Al-Futtaim Electric Mobility introduced BYD’s new energy vehicle range in the Kingdom. Energy companies and automakers are simultaneously investing in EV technology and charging infrastructure, encouraging the growth of related industries such as battery production and recycling.
Government Schemes and Vision 2030 Initiatives Driving Demand:
- Vision 2030 Sustainability and Diversification Agenda: The government is promoting e-mobility as part of its broader sustainability and economic diversification goals under Vision 2030, aligning clean transportation with the Kingdom’s carbon reduction priorities and generating sustained demand for EVs and supporting infrastructure.
- Smart City and Giga-Project Development: Technologically advanced urban centers such as NEOM are integrating EV-supportive infrastructure, including smart charging stations, dedicated EV lanes, and connected transportation systems, creating a built-in adoption environment for e-mobility solutions.
- Aramco and BYD Green Mobility Collaboration: The May 2024 partnership between Saudi Aramco and BYD to develop low-emission vehicles signals the Kingdom’s goal of reducing oil reliance and establishing itself as a regional hub for green mobility across the GCC.
- Digital Traffic Management and Public Transport Integration: Rising integration of digital technologies in traffic management and public transport is promoting wider utilization of e-mobility, supporting cleaner and more efficient urban transportation systems.
- Public Awareness and Corporate Sustainability Campaigns: Educational campaigns and corporate initiatives are strengthening public commitment to environmental protection, encouraging EV adoption and the growth of related industries such as battery production and recycling.
Saudi Arabia E-Mobility Industry Segmentation:
The report has segmented the market into the following categories:
Breakup By Product:
- Electric Car
- Electric Motorcycle
- Electric Scooter
- Electric Bike
- Others
Electric cars anchor the market, supported by the Kingdom’s clean mobility push, expanding model availability from global brands such as BYD, and Vision 2030-aligned sustainability goals. Electric motorcycles, scooters, and bikes serve last-mile, delivery, and urban commuting needs, benefiting from lower costs of ownership and growing demand for compact, zero-emission personal transport.
Breakup By Voltage:
- Less than 24V
- 24V
- 36V
- 48V
- Greater than 48V
Breakup By Battery:
- Sealed Lead Acid
- Li-ion
- NiMH
Li-ion batteries are central to the market’s technology shift, offering the energy density, range, and lifecycle performance that modern electric cars, bikes, and scooters require, while Sealed Lead Acid and NiMH chemistries continue to serve cost-sensitive and legacy applications.
Breakup By Region:
- Northern and Central Region
- Western Region
- Eastern Region
- Southern Region
The report provides a comprehensive regional analysis across the Kingdom, covering key players and market forecasts for each region over 2026-2034, with major urban hubs and smart city developments shaping regional adoption patterns.
Competitive Landscape:
The Saudi Arabia e-mobility market is evolving rapidly, with global automakers, regional distributors, and energy companies positioning themselves across the electric vehicle value chain. The report provides detailed profiles of all major companies, along with market structure, key player positioning, top winning strategies, a competitive dashboard, and a company evaluation quadrant.
Recent activity underlines the pace of competition: BYD’s market entry through Al-Futtaim Electric Mobility, with three all-electric models (BYD HAN, BYD ATTO 3, and BYD SEAL) and two long-range PHEVs (BYD SONG PLUS and BYD QIN PLUS), and its collaboration with Aramco, show international new energy vehicle leaders partnering with strong local players to build scale in the Kingdom.
What Does The Full Report Cover?
If you are tracking the Saudi Arabia e-mobility market for investment decisions, market entry planning, competitive benchmarking, or strategic advisory, IMARC Group’s report gives you everything in one place:
- Complete market sizing in value terms with historical analysis for 2020-2025 and forecasts covering the full 2026-2034 projection period
- Industry catalysts and challenges, with a detailed analysis of market drivers, restraints, and opportunities
- Segment-wise breakdowns across five products, five voltage categories, three battery types, and four regions, each with historical and forecast assessment
- Competitive landscape with market structure, key player positioning, top winning strategies, a competitive dashboard, and a company evaluation quadrant
- Value chain analysis and Porter’s five forces assessment covering new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution
- Latest trends covering smart city-led EV infrastructure, battery technology shifts, digital traffic management, and Vision 2030-driven green mobility partnerships shaping market competition across the Kingdom
Recent News and Developments in Saudi Arabia E-Mobility Market
- December 2024: Al-Futtaim Electric Mobility Company introduced BYD to Saudi Arabia, launching three all-electric models (BYD HAN, BYD ATTO 3, and BYD SEAL) along with two long-range PHEVs (BYD SONG PLUS and BYD QIN PLUS), aiming to give car owners a smooth and easy switch to e-mobility.
- November 2024: Tilal Real Estates initiated a new smart city development on the eastern side of the Kingdom worth approximately SAR 6 Billion (USD 1.6 Billion), spanning around 268,000 square meters of residential, commercial, hospitality, and entertainment space and supporting demand for EV-ready urban infrastructure.
- May 2024: Saudi Aramco teamed up with BYD to develop innovative low-emission vehicles, aiming to lessen oil reliance, adopt sustainability, and create a cleaner transportation system as part of the Kingdom’s goal to become a major center for green mobility within the GCC.
Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.
Key Questions This Report Answers
- What is the current Saudi Arabia e-mobility market size and what is its projected value?
- How has the Saudi Arabia e-mobility market performed so far and how will it perform in the coming years?
- What is the breakup of the Saudi Arabia e-mobility market by product, voltage, battery, and region?
- What are the key drivers and challenges in the Saudi Arabia e-mobility market?
- How are Vision 2030, smart city projects, and green mobility partnerships reshaping the Saudi Arabia e-mobility industry?
- What are the various stages in the value chain of the Saudi Arabia e-mobility market?
- Who are the top companies in the Saudi Arabia e-mobility market and what is the degree of competition?
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