Canoo names GCC Olayan EV distributor in Saudi Arabia

Canoo names GCC Olayan EV distributor in Saudi Arabia

Saudi Arabia - Canoo, a high-tech advanced mobility company, has signed an exclusive agreement with GCC Olayan, a subsidiary of Olayan Saudi Holding Company (OSHCO), for sale, service and distribution of Canoo fleet solutions In Saudi Arabia.

GCC Olayan has been a distributer of premier brands in Saudi Arabia for more than 75 years and is the founding company of the global Olayan Group.

The first phase of the agreement is for the sale, distribution, service maintenance and repair of Canoo vehicles. Additionally, Canoo and GCC Olayan will also work to develop a joint venture to launch a digital vehicle ecosystem for service maintenance repair, local assembly and eventually manufacturing.

"It has been an honour to work with the Olayan group companies over many years. Our agreement to bring Canoo’s award-winning vehicles to the region is grounded in our mutual commitment to customer service. The Olayan Group is a global business leader with decades of experience in distribution partnerships with some of the world’s leading brands and they are a proven partner to support EVs in the region,” said Tony Aquila, Chairman & CEO at Canoo.

Canoo vehicles are built on the company’s proprietary multi-purpose platform (MPP) architecture that integrates all high-tech components such