XCHG Limited’s XCharge Europe and XCharge North America have entered a strategic partnership with Saudi Arabia’s Electromin, the country’s largest electric‑vehicle charging network operator and exclusive Volvo distributor. The collaboration will deploy XCharge’s GridLink battery‑integrated charging stations across the Kingdom, positioning the company to capture a significant share of the rapidly expanding Middle Eastern EV‑charging market.
The GridLink system features a 215 kWh battery that can be doubled to 430 kWh with a second unit. It delivers nearly 200 kW of DC fast‑charging power while drawing only 44 kW from the grid, allowing rapid deployment at sites with limited grid capacity such as gas stations, supermarkets, and remote locations. The battery integration also enables energy buffering, reducing peak demand and allowing operators to purchase electricity during off‑peak periods.
The partnership aligns with Saudi Vision 2030’s goal of 30 % electric‑vehicle adoption in Riyadh by 2030 and the kingdom’s net‑zero emissions target for 2060. Electromin’s extensive network of service centers and fuel stations provides a ready infrastructure for XCharge’s technology, while XCharge’s presence in 25 countries and focus on the Middle East as a strategic growth region give the alliance a strong foundation for scaling the solution across the Kingdom and beyond.
Electromin’s Director of eMobility Sales and Marketing, Mowafak AlSaadi, said the GridLink technology “allows us to accelerate our rollout timeline significantly” by reducing grid dependency and enabling fast charging in locations that would otherwise require costly grid upgrades. The quote underscores the operational advantage that the partnership brings to Saudi Arabia’s EV‑charging rollout.
The collaboration positions XCharge to tap into a market projected to reach USD 1.4 billion by 2030, with a CAGR of over 25 % in the Middle East. By leveraging Electromin’s local expertise and XCharge’s battery‑integrated technology, the partnership is expected to accelerate the deployment of high‑power charging infrastructure, support Saudi Arabia’s EV adoption targets, and create new revenue opportunities for both companies in a region that is rapidly expanding its EV ecosystem.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.