Chinese company QCraft plans to enter Saudi autonomous driving market

QCraft’s interest in the Middle East comes after its expansion in Asia and Europe. QCraft
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Updated 10 December 2025
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Chinese company QCraft plans to enter Saudi autonomous driving market

RIYADH: Chinese company QCraft intends to enter the autonomous driving market in Saudi Arabia and the Middle East region, according to its founder and CEO, James Yu, who spoke to Al-Eqtisadiah newspaper.

The company, which specializes in developing advanced autonomous driving technologies, made its first appearance in the region during its participation in the Global CommoMotion Summit 2025, held in Riyadh from Dec. 7 to 9.

The company’s interest in the Middle East comes after its expansion in Asia and Europe, according to Yu, who confirmed that the Saudi market is large and has strong demand.

He said: “We plan to increase our investments and support the local mobility industry through safer and more efficient solutions, relying on clean energy in logistics services.”

Why Saudi Arabia?

QCraft’s participation in the Global CommoMotion Summit was part of a series of presentations and lectures that focused on the latest developments in electric vehicles, autonomous mobility, and artificial intelligence in transportation as well as hydrogen and alternative fuel technologies, and the future of supply chains and logistics services.

This edition, held in Riyadh, highlights Saudi Arabia’s mega infrastructure projects, including the Riyadh Metro and autonomous vehicle trials on the capital’s streets.

Yu confirmed that the firm is preparing to launch pilot and investment projects in the Kingdom once market assessment is complete. He noted that its Level 2 products have reached approximately 1 million installations globally, while its Level 4 products have been sold in several cities worldwide, including Japan, Singapore, and Hong Kong.

Plans for expansion in the Middle East

QCraft has plans to expand into the Middle East in the coming phase, according to its CEO.

Yu said: “The company has become a major player in the autonomous vehicle sector. We brought RoboBus buses and RoboVan delivery trucks to the Middle East, and we are working to develop partnerships to implement these technologies in everyday services.”

He added that the company aims to build an autonomous driving network that will help improve operational efficiency in the logistics sector, while providing environmentally friendly and safer mobility solutions.

The CommoMotion Summit brings together the public and private sectors from Asia, the Middle East, Europe, North America, and the Global South to discuss the future of mobility and urban transformation, shaping the future of multimodal transportation in the world’s cities.

Saudi Arabia is charting a new course for mobility

Last July, Saudi Arabia launched the initial implementation phase for autonomous vehicles, aiming to develop a smart and safe transportation system in the Kingdom.

This step, which aligns with the National Transport and Logistics Strategy, aims to adopt sustainable mobility solutions that leverage the latest artificial intelligence technologies.

In this phase, autonomous vehicles are being deployed in a real-world operational environment covering King Khalid International Airport and several key locations in Riyadh. This includes highways and select destinations in the city center.

Minister of Transport and Logistics Saleh Al-Jasser confirmed at the time that launching the initial application phase embodies an ambitious vision toward building a smart and integrated transportation system that supports economic growth and improves the quality of life.


SIDF concludes participation in Momentum 2025

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SIDF concludes participation in Momentum 2025

RIYADH: The Saudi Industrial Development Fund concluded its participation in the Development Finance Conference Momentum 2025 organized by the National Development Fund under the patronage of Crown Prince Mohammed bin Salman, prime minister and chairman of the NDF board.

The event was held from Dec. 9 to 11 at the King Abdulaziz International Conference Center in Riyadh.

The conference provided a platform to explore the future of development finance and its role in supporting sustainable growth. It brought together leading thinkers, investors, and decision-makers from around the world to discuss key challenges and opportunities, and to exchange experiences that enhance financing tools and maximize their developmental impact.

SIDF participation underscored its active role in supporting economic development through its financing advisory and knowledge-based programs as well as its diverse initiatives designed to meet the needs and aspirations of manufacturers and investors, aligning with the Kingdom's objectives and Vision 2030 targets.

In a panel discussion on the sidelines of the conference, Prince Sultan bin Khalid bin Faisal, CEO of SIDF, highlighted that the fund has, for more than 50 years, continued to develop its financing and advisory tools to empower national industries and enhance their global competitiveness.

He noted that SIDF has supported more than 4200 projects with total disbursements exceeding SR150 billion ($40 billion), attracting investments of nearly SR800 billion.

Prince Sultan added that the fund is currently focused on creating new financing channels in collaboration with government and private entities to provide sustainable funding for the private sector through mechanisms that attract capital and investors.

He said: “We recently launched the world’s largest supply chain financing program in collaboration with Saudi Aramco and the Saudi Electricity Co., benefiting thousands of suppliers and factories.”

SIDF participation culminated in signing a cooperation agreement with the Saudi Railway Company SAR to identify opportunities for industrial sector support and to assist investors in localizing goods and services to increase domestic content.

The Momentum 2025 conference reflects the Kingdom's leading role across various development sectors, highlighting the contributions of its development ecosystem in shaping a sustainable developmental future that delivers economic and social impact in line with Vision 2030 objectives.

The conference serves as a platform for collaboration that advances the implementation of development finance solutions, bringing together leaders from government entities, development finance institutions, investors and innovators from within the Kingdom and abroad.

It aims to strengthen partnerships that align capabilities across the system and translate developmental priorities into actionable initiatives, fostering inclusive and sustainable growth.