Seoul, Oct. 1 -- Kia Corp. said on Monday that it has begun a pilot project in Riyadh, Saudi Arabia, with Red Sea Global (RSG), one of the developers of the kingdom's giga projects, to test its purpose-built PV5 vehicle, according to a report by Pulse, the English service of Maeil Business Newspaper Korea.
The initiative follows a memorandum of understanding signed in March 2024 between Hyundai Motor Group and RSG to introduce eco-friendly mobility solutions.
Saudi Arabia launched its Saudi Vision 2030 strategy in 2016 to shift away from its oil-dependent economy and secure long-term growth drivers.
"RSG, one of the five giga projects officially announced under Vision 2030, is developing eco-friendly luxury resorts and wellness tourism...
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