Saudi Arabia Foxconn JV starts building a new factory to produce electric vehicle chargers, marking a major step in regional expansion. In addition, the project represents Foxconn Interconnect Technology’s first manufacturing base in the Middle East. The company plans to start construction in December and aims to begin production next year.
The joint venture, called Smart Mobility, was created by Foxconn Interconnect Technology together with Saleh Suleiman Alrajhi and Sons. Therefore, Saudi Arabia Foxconn JV starts building the factory to support the kingdom’s growing focus on electric mobility. Prince Fahad bin Nawaf Al Saud, Smart Mobility’s CEO, emphasized that Saudi Arabia plans to electrify 30% of all cars by 2030. Consequently, the factory aligns with national objectives and global EV trends.
FIT, a Foxconn unit, manufactures components for connectivity and servers. Moreover, the company expanded into EV connectivity and charging through acquisitions. These include Germany’s Prettl SWH group, renamed FIT Voltaira, and Auto-Kabel Group. Therefore, Saudi Arabia Foxconn JV starts building the factory with strong technical expertise and industrial capacity.
The new facility will produce EV chargers and related equipment to meet increasing demand. Additionally, the factory will support Saudi Arabia’s efforts to become a regional hub for sustainable transportation. FIT anticipates significant revenue growth from the auto mobility segment, expecting sales to reach $700 million this year. Furthermore, this investment reflects Saudi Arabia’s strategy to diversify its industrial sector and drive technological innovation.
Moreover, Saudi Arabia Foxconn JV builds the factory to strengthen local manufacturing capabilities. By establishing a production base in the region, the company reduces supply chain dependence while improving operational efficiency. At the same time, the project aligns with global EV adoption trends and sustainability goals.
The factory also brings job creation and skills development opportunities. Engineers, technicians, and production staff will benefit from specialized training programs linked to advanced EV technologies. Consequently, the initiative supports both economic growth and workforce development in Saudi Arabia.
Additionally, FIT chairman Sidney Lu highlighted that Saudi Arabia Foxconn JV demonstrates the company’s strategic commitment to the EV sector. By investing in the Middle East, FIT combines local market demand with global expertise. Moreover, the project strengthens partnerships with regional stakeholders, enhances industrial capabilities, and positions Saudi Arabia as a key hub for EV production.
In conclusion, Saudi Arabia Foxconn JV starts building a factory to produce electric vehicle chargers, support national electrification goals, and expand industrial capacity. Furthermore, the project promotes innovation, economic growth, and workforce development throughout the kingdom.
