Canoo has signed an exclusive agreement with GCC Olayan, for the sale, service and distribution of Canoo fleet solutions in Saudi Arabia.
GCC Olayan has been a distributor of premier brands in Saudi Arabia for more than 75 years and is the founding company of the global Olayan Group.
The first step of the agreemenr will see the sale, distribution, service maintenance and repair of Canoo vehicles. In addition to this, the company has said that the pair will 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 honor 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.
Saudi Arabia has set ambitious targets through its Vision 2030 and has embarked on a course towards greater electric vehicle adoption and sustainable mobility solutions
The release stated that Canoo’s award-winning vehicles and advanced mobility digital solutions will uniquely address the market for purpose-built vehicles to meet fleet needs, in the industrial, transportation, delivery, tourism, retail sectors, and beyond.
Press release and picture: Canoo