Navya & Electromin Signed a MoU for the development of mobility solutions in KSA

  • Date: 29-Mar-2022
  • Source: Saudi Gulf Projects
  • Sector:Transport
  • Country:Saudi Arabia
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Navya & Electromin Signed a MoU for the development of mobility solutions in KSA

NAVYA, France, a leader in autonomous mobility systems, and Electromin, an eMobility turn-key solutions company wholly owned by Petromin, a leading Saudi company in the advanced lubricants, automotive technology, multi-modal mobility and sustainable transportation, signed a MoU for the distribution of Navya’s products and technology in KSA as well as joint development of advanced custom autonomous mobility solutions for the Kingdom’s numerous Mega and Giga projects, parks, universities and other developments.

“At Petromin we strongly believe in sustainability and are guided by our principals of responsible corporate citizenship for the embellishment of our planet. Two years ago, we embarked on an exciting journey with an ambitious goal to transform our storied successful company from primarily a premier lubricant manufacturer and operator of the largest network of quick service facilities, to a world class automotive technology, advanced mobility, and avant-garde transportation solutions company. As part of that journey, we started Electromin, a technology driven, turn-key eMobility provider that is now leading the electrification of the Kingdom and GCC.

This MoU to establish a collaboration with Navya, a prominent global technology company for autonomous driving systems and a market leader in GCC with 75% share, is a very important milestone in our quest to