Al-Futtaim BYD Saudi Arabia Signs MoU with YELO Car Rental to Support Sustainable Mobility

Al-Futtaim BYD Saudi Arabia has signed a Memorandum of Understanding (MoU) with YELO Car Rental to collaborate on advancing modern and sustainable mobility solutions in the Kingdom.
The agreement focuses on integrating BYD electric vehicles into YELO’s fleet and exploring pilot initiatives that support the adoption of electric mobility, in line with Saudi Arabia’s transition toward a more sustainable transportation sector.

The MoU was signed by Jerome Saigot, Managing Director of Al-Futtaim BYD Saudi Arabia, and Hamad Al-Humaid, CEO of YELO Car Rental. The collaboration will include testing and operating EV fleets, sharing technical and marketing expertise, and exploring future partnership opportunities aligned with Saudi Arabia’s long-term sustainable mobility ambitions.

Commenting on the partnership, Jerome Saigot said:  “Our partnership with YELO goes beyond a commercial collaboration, it reflects a shared vision to elevate the mobility experience. At Al-Futtaim BYD Saudi Arabia, we are redefining mobility through new energy vehicles that combine intelligent innovation, refined performance, and modern luxury, while supporting Saudi Arabia’s Vision 2030.”

Hamad Al-Humaid, CEO of YELO Car Rental, added that the partnership reflects YELO’s commitment to offering modern mobility experiences that combine comfort with environmental responsibility, by introducing innovative electric mobility solutions that enhance customers’ daily journeys and support the sustainability goals of Vision 2030.