Saudi Arabia's automotive market is experiencing strong growth.

In the first quarter of 2025, Saudi Arabia's car sales grew by 11.6%, with electric vehicle sales surging by 33%. Astute Analytica predicts that the country's retail market will grow from $19.72 billion in 2024 to $74.4 billion in 2032. Saudi Arabia is also showing a clear trend towards electrification, planning to have 30% of newly registered cars electric by 2030.