{"id":81927,"date":"2024-01-23T00:00:00","date_gmt":"2024-01-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/01\/23\/raya-partners-with-xpeng-to-launch-three-new-evs-in-egypt\/"},"modified":"2024-01-23T00:00:00","modified_gmt":"2024-01-23T00:00:00","slug":"raya-partners-with-xpeng-to-launch-three-new-evs-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/01\/23\/raya-partners-with-xpeng-to-launch-three-new-evs-in-egypt\/","title":{"rendered":"Raya partners with XPeng to launch three new EVs in Egypt"},"content":{"rendered":"

<\/strong>Raya <\/strong>Auto partners with XPeng to deploy EVs in Egypt: <\/strong>Raya Holding is partnering with Chinese EV maker XPeng<\/a> to deploy three EV models in Egypt in 1H 2024, Hapi Journal<\/a> reports. The company is boosting its EV operations with a EGP 500 mn investment and is targeting 10% of the Egyptian EV market in 2024, with plans to sell 3.5k EVs as a first stage. Some 2.5k Raya EVs<\/a> were licensed in 2023, up from 1.2k in 2022. XPeng\u2019s partnership with Raya \u2014 which has been in the works for two years \u2014 marks the first entrance for the Chinese\u2019s automaker in Africa\u2019s market, Daily News Egypt<\/a> said. <\/p>\n

About the models:<\/strong> As part of Raya Auto\u2019s efforts to localize the industry, the company will roll out XPeng's G9, G6, and P7i EV models. The vehicles can reach 80% charge within 25 minutes, and have ranges of 600 to 700 km per charge. The company will also offer warranty and maintenance services across 3 different centers in Cairo at the car\u2019s 8 year mark, or after it hits 160k km on the road. <\/p>\n

Part of XPeng\u2019s plans to overcome EV sector bottlenecks: <\/strong>In the wake of giant EV makers either missing their annual production targets<\/a> or hitting record low slumps in stock, XPeng has shifted its strategy to focus on becoming a global player instead of focusing only in the Chinese market, XPeng Vice Chairman Brian Gu said in April<\/a>. XPeng is also diversifying its activities, having been granted a flight permit<\/a> in February for testing its electric take-off and landing (eVTOL) aircrafts.<\/p>\n","protected":false},"excerpt":{"rendered":"

Raya Holdings is investing EGP 500 mn in expanding its EV sector in the coming period<\/p>\n","protected":false},"author":1,"featured_media":81928,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[103],"tags":[69,40,102,11,64],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-81927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electric-vehicles","tag-china","tag-egypt","tag-electric-vehicles","tag-enterpriseclimate","tag-evs","wpautop","entry"],"acf":{"mongo_id":"04a7b1dc-ee93-4e4c-b1d7-4d02ade32cc5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/1817.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Raya partners with XPeng to launch three new EVs in Egypt","related_issue":[81917],"teaser":"Raya Holdings is investing EGP 500 mn in expanding its EV sector in the coming period","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.4a10ba7b-4fb4-407d-b267-726da807b7e0.mp3"},"yoast_head":"\nRaya partners with XPeng to launch three new EVs in Egypt - 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