Strategic Agreement for the Supply of Electric Vehicles between Almajdouie Peugeot, Hertz, and PepsiCo Middle East

08-01-2024
Almajdouie Motors Company, the authorized dealer for Peugeot, Hertz, and PepsiCo Middle East, have signed a strategic agreement aimed at enhancing PepsiCo Middle East's commercial vehicle fleet with electric vehicles as part of sustainable transportation solutions.

This collaboration underscores Almajdouie's commitment to providing environmentally friendly transportation options, as they will offer a wide range of modern Peugeot electric vehicles.

This agreement aims to:

Alignment with Saudi Arabia's Vision 2030 and its green initiatives.
Promotion of environmental sustainability and renewable energy solutions.
Provision of diverse vehicle options to cater to the varied needs of customers.
Strengthening Almajdouie Motors' leadership in the eco-friendly vehicles sector.

The signing ceremony took place at the Electric Vehicles Exhibition held in the Riyadh International Convention and Exhibition Center. Key attendees included Mr. Ahmed Saud Abbasi, CEO of Almajdouie Motors; Mr. Abdullah Alrefae, Managing Director of Almajdouie Peugeot; Mr. Asaad Al-Atyani, Managing Director at Alwasilah Rent a Car, representing Hertz and Thrifty Franchisee, and Mr. Nedal AlBanna, Transportation Manager at PepsiCo Middle East.