Key Findings
Majority of the companies and users are hesitant to adopt LEVs owing to outdated concerns regarding range
and reliability.
Under the automotive sector strategy, NIDLP is aiming to attract 3 to 4 international manufacturers to
locally manufacture EVs.
The mass production of batteries
and available tax incentives will bring down the cost of EV, thus, making
it cost-effective and the preferred choice.
Cities such as NEOM and SPARK are
incorporating smart mobility into their urban planning
Small format EVs may gain momentum
in the near future, given their lower fuel and maintenance costs. They
are also less dependent on charging infrastructure, since their power requirements
are lower, and they are more likely to come in models that allow battery
swapping.
Electric Vehicles in Food and
Grocery Delivery sectors are expected to penetrate faster due to
availability of hybrid models. Major demand regions such as Central and Western
Saudi Arabia (Riyadh, Jeddah and Dammam and AL-Khobar being major cities) to
witness LEV penetration in the near future.
Service Contracts: In order
for platforms to stay asset-light, service contracts with strategic partners
(for EV deployment and charging infrastructure) present a high potential for
deployment.
Several gaps in the LEV market such as a
limited hybrid car range, high prices, insufficient battery life and an
underdeveloped charging ecosystem are yet to be filled.
Fleet operators need to create and manage vehicle service infrastructure
and charging infrastructure on their own due to limited availability of
existing set-ups in public domain.
The report titled “Future
Potential Market of LEVs in Last Mile Delivery Industry in KSA – Favorable
Government Policies and Better Charging Infrastructure Availability to drive
the LEV Sales in KSA Market” by Ken Research suggested that the Light
Electric Vehicle market is further expected to grow in the near future owing to
available tax benefits and convenient usage. The advent of e-commerce, food and
grocery deliveries leading to a rapid increase in demand for last-mile
deliveries along with the initiatives taken by the government regarding the EV
Infrastructure and Policies will increase its sale in the near future. The market is expected to register a positive
ten year CAGR of 4.0% in terms of last mile delivery fleets during the forecast
period 2020-2030F.
Key Segments Covered in LEV Adotpion in Last Mile Delivery Market in KSA
Business Side Potential for LEVs in
KSA CEP Industry
CEP Market Size
Total Number of Courier Shipments
KSA E-Commerce Landscape
E-Commerce Market Major Categories
Total Number of E-Commerce Orders
Total Number of Vehicles Deployed
Competition Scenario in KSA CEP Market
Future Projections towards Penetration of LEVs in Courier Segment
Business Side Potential for LEVs in
KSA Grocery Delivery Market
KSA Online Grocery Ecosystem
KSA Online Grocery Market Size
KSA Online Grocery Market Concentration
KSA Online Grocery Market Segmentations
Total Number of Orders
Total Number of Vehicles Deployed
Competition Scenario in KSA Grocery Delivery Market
Future Projections Towards Penetration of LEVs in Grocery Delivery
Segment
Business Side Potential for LEVs in
KSA Food Delivery Market
Landscape of Food Delivery Companies in Saudi Arabia
KSA Online Food Delivery Market Size
Total Number of Orders
Total Number of Vehicles Deployed
Competition Scenario in KSA Food Delivery Market
Future Projections Towards Penetration of LEVs in Food Delivery Segment
Key Target Audience
LEV Manufacturers
LEV Dealers/Distributors
Courier and Parcel Companies
E-Commerce Companies
Grocery Delivery Companies
Food Delivery Companies
Time Period Captured in the Report:
Historical Period: 2015-2020
Forecast Period: 2020–2030
Companies Covered:
EV Manufacturers
Tesla
BMW
Chevrolet
Renault
Hyundai
Nissan
CEP Industry
Saudi Post
Naquel Express
SMSA Express
DHL
Aramex
UPS
FedEx/TNT
Grocery Delivery Companies
Nana Direct
Zadfresh
Danube
Carrefour
Qareeb
Food Delivery Companies
Hungerstation
Careem
Jahez
Talabat
Mrsool
Key Topics Covered in the Report
Overview of Global EV Market
Genesis and Overview of KSA LEV Market
Ecosystem of Major Entities in Saudi Arabia LEV market
Charging Infrastructure for LEV Market in Saudi Arabia
Overview of KSA Last-Mile Delivery Market
Number of Orders/Shipments in KSA Last-Mile Delivery Market
Number of Fleets Deployed for Last Mile Delivery
Business Side Potential for LEVs in KSA CEP Industry including E-commerce
Landscape in KSA
Business Side Potential for LEVs in KSA Grocery Delivery Market
Business Side Potential for LEVs in KSA Food Delivery Market
Regulatory Scenario and Framework in Saudi Arabia LEV Market
Opinions of Industry Experts regarding adoption of LEVs
Difference in EV costs compared to ICE vehicles- Cost Benefit Analysis
Viable Supply Chain Model for Adoption and Supplying LEVs in KSA
Current Landscape of LEV Offering in KSA
Major Deals/Transactions for LEVs in KSA
Impact of COVID 19 on EV sales
Future Analysis and Projections for LEVs in Saudi Arabia
Opportunity Analysis of an LEV in Last Mile Delivery
Case Studies for LEV Last-Mile Delivery
Recommendations / Success Factors
Research Methodology
Appendix
For more information on the
research report, refer to below link:
Future Potential Market of LEVs in Last Mile Delivery
Industry in KSA
Related Reports
Global Last Mile Delivery Market Report 2019,
Competitive Landscape, Trends and Opportunities
Contact Us:-
Ken Research
Ankur Gupta, Head
Marketing & Communications
