Saudi Arabia Unveils Volt Charge to Boost EV Infrastructure and Advances in Sustainability
Saudi Arabia's Volt Charge and Agricultural Fund drive towards Vision 2030 with EV infrastructure and $533 million for food sustainability.
Saudi Arabia's Volt Charge is set to revolutionize the Kingdom’s electric vehicle infrastructure with mobile chargers and AI integration, revealed at the EV Auto Show in Riyadh. Ensuring sustainability, they aim to produce 40,000 chargers annually, aligning with Vision 2030.
In a similar vein of forward-thinking developments, Saudi Arabia’s Agricultural Development Fund has approved $533 million in loans to boost food sustainability and security. This funding supports various agricultural initiatives, contributing to the Kingdom's self-sufficiency goals under Vision 2030.
Turning to the energy sector, Saudi Arabia's oil production had an uptick in July, though exports saw a decrease. At a recent OPEC+ meeting, the nation reaffirmed its commitment to production cuts while resuming fuel oil imports from Kuwait to meet summer electricity demand.
On the international collaboration front, Saudi Arabia and Lombardy are forging stronger ties in industrial innovation and advanced manufacturing. High-level meetings at the Saudi-Italian Business Forum showcased opportunities across multiple sectors, with Italian companies showing keen investment interest.
Speaking of celebrations, the Royal Saudi Air Force Museum will host festivities for Saudi Arabia's 94th National Day from September 21 to 23. The event promises guided tours, parades, and activities for all ages, offering a historic and entertaining experience.
Finally, on a note of safety, the Jeddah Border Guard recently rescued two citizens from drowning and emphasized the importance of following marine safety guidelines. Vacationers are urged to swim within designated areas and contact emergency services if needed with emergency numbers 911 for Makkah and Eastern regions, and 994 for other regions.