Top 10 EV companies in Middle East

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Top 10 EV companies in Middle East

Top 10 EV companies in the Middle East that are vying to become the market leader in the GCC countries and beyond. Read more...
last updated
September 4, 2023

The idea of compiling this list of the top 10 EV companies in the Middle East is to provide recognition for local manufacturing, supplier units, and automotive manufacturing hubs in the region’s nascent electric vehicle market. As the world transitions from ICE to EV, the proactive governments in Saudi Arabia, UAE, Egypt and Turkey are driving this change forward.

The most-commonly followed EV manufacturing setup involves a state entity partnering with a global automotive manufacturer to set up a joint venture in the country. All these EV manufacturers are vying to become the market leader in the GCC countries, competing with other EV companies in the region and the global giants such as Tesla and Volkswagen.

This top 10 list of EV companies in the Middle East includes all these details, in addition to the type of vehicles they are manufacturing. 

1. Ceer

Ceer, a joint venture between the Kingdom of Saudi Arabia’s Public Investment Fund (PIF) and Taiwanese manufacturer Foxconn, is the first Saudi automotive brand to produce electric vehicles in Saudi Arabia. 

They will design, manufacture and sell a range of vehicles including sedans and SUVs for consumers in Saudi Arabia and the wider GCC region.

With over US$150 million of foreign direct investment, Ceer is forecasted to create up to 30,000 direct and indirect jobs, and contribute USD 8 billion to Saudi Arabia’s GDP by 2034. 

Ceer has signed a massive land-purchase agreement of over 1 million square meters at King Abdullah Economic City (KAEC), near the port city of Jeddah in Saudi Arabia. 

Ceer’s Chief Executive Officer, James DeLuca, said in a statement that KAEC offers them a great location with world-class logistics, effective access for their global and Saudi-based suppliers, and an ideal location to base and develop their future workforce.

Cyril Piaia, CEO of Emaar, The Economic City, the master developer of KAEC, responded that they are delighted to welcome Ceer to KAEC and to help make history by building the first automotive manufacturing hub in Saudi Arabia and the wider region.


Location: KAEC, Near Jeddah, Saudi Arabia

2. Togg

Togg (Türkiye'nin Otomobili Girişim Grubu translated as Turkey's Automobile Enterprise Group) is Turkey’s government-supported EV manufacturer, formed as a collaboration between five Turkish companies. Demand for Turkey’s first domestic EV has been so huge that the company had to stop taking pre-orders after advance bookings hit nearly 177,000.

Togg has established its first EV manufacturing factory at Gemlik, Bursa that is spread across 1.2 million square meters. The company aims to produce 1 million EVs across five segments by 2030. Bursa is an ideal location for Togg with its existing base of suppliers catering to foreign carmakers such as Renault and Stellantis Fiat Chrysler, who have set up joint venture car manufacturing plants here.


Location: Gençali, M. K. Atatürk Cd. 14/99a, 16620 Gemlik / Bursa, Türkey

3. M Glory Holding

M Glory is setting up a vast electric vehicle manufacturing plant at Dubai Industrial City spread over 1 million square feet, that will produce 55,000 electric cars a year for the GCC region, plus Egypt, Kenya, Tanzania and other parts of Africa.

The project, which has attracted an investment of AED1.5 billion, is expected to create over 1,000 jobs.


Location: Dubai Investment Park

4. El-NASR Automotive Manufacturing Company

El Nasr is Egypt’s state-owned automotive manufacturing company, owned by Metallurgical Holding Company. Founded in 1960, El Nasr has been revived as Egypt’s first OEM for manufacturing electric vehicles. 

The company’s goals include establishing an R&D center, supporting the government’s strategy for shifting from ICE to EV, and serve as a regional hub for manufacturing and exporting electric vehicles. 


Location: Wadi Hof, Helwan, South of Cairo

5. Barq EV

Barq EV is an electric vehicle (EV) manufacturer based in Saudi Arabia. A subsidiary of business group Abdul Latif Jameel, Barq EV focuses on designing and producing electric vehicles specifically tailored for the Middle East market.

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Through an agreement with Saudi Post (SPL), they have launched a EV scooter called Rena Max that is designed for delivery drivers, with a 145 km range on a single charge. Another one called Rena LIte has a smaller range for local deliveries, and they have also launched the Yas 1, a drone for delivery with a range of 15 km.


Location: Riyadh, Saudi Arabia

6. Intelligent EV Company NWTN

NWTN Motors (pronounced as Newton) specializes in the design and production of high-performance electric sports cars that combine advanced technology with sleek design and high-performance.

The company, which is based in Germany, has announced a partnership with Sultan Investments for setting up an EV factory in Khalifa Industrial Zone Abu Dhabi (KIZAD). The total area of the plant will be over 100,000 square meters, with an annual production capacity of rolling out 50,000 vehicles.


Location: Khalifa Industrial Zone Abu Dhabi

7. Lucid Motors

Lucid Motors, based in the United States, first became known for the Lucid Air, a luxury electric sedan with a long range and impressive performance, coupled with advanced electric drivetrain technology, spacious interiors, cutting-edge infotainment systems, and a sleek design. Lucid Motors is also well-known for their development of cutting-edge electric drivetrain technology and high-performance electric powertrains.

Lucid has signed agreements with government agencies in Saudi Arabia for their first international manufacturing plant located in King Abdullah Economic City, targeting an annual production capacity of 150,000 vehicles. The company estimates this project may help realize $3.4 billion for them over a period of 15 years.


Location: King Abdullah Economic City, Saudi Arabia

8. Mays Motors

Mays Motors is Oman’s home-grown EV company, producing high-performance ‘superhero’ electric cars. Their first car, called the iE1, has a range of 500 km and can accelerate from 0-100 km/h in 4 seconds. 

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Mays Motors home-grown operations in Oman, funded through an investment agreement with the Oman Technology Fund, are expected to create up to 800 jobs.


Location: Muttrah, Muscat, Oman

9. MENA Mobility

MENA Mobility, offering smart mobility and logistics solutions in the Middle East region, is also one of the leading suppliers of EV charging infrastructure and technology solutions through a tie-up with global technology giant ABB.

The company is the smart mobility division of Al Naboodah Smart Cities, which itself is a division of the Saeed & Mohammed Al Naboodah Group.


Location: Al Awir, Dubai, UAE

10. META4

META4 is a Dubai-based holding company with a focus on helping build sustainable business models. In partnership with Volty Nxt Energy, they have launched an INR 250 crore project in Telangana, India. The venture, under the name of Ellysium Automotives and the EVeium brand of electric vehicles, is located on a 15-acre plant in the National Investment & Manufacturing Zone (NIMZ) located in Zaheerabad. 

The plant has a production capacity of 100,000 vehicles per year, and will create 500 direct jobs. EVeium currently offers three electric scooters named Cosmo, Comet, and Czar, and they have also launched an EV experience hub called Moto Ace in Bengaluru, in addition to locations in Hyderabad and Pune.

This project shows that business groups in the Middle-East have expanded beyond GCC and parts of Africa, and are setting their sights on the world’s largest EV markets as well.


Location: National Investment & Manufacturing Zone (NIMZ), Zaheerabad, India

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