The Public Enterprises Ministry has reached an agreement with an unnamed Chinese automotive company to set up an electric vehicles factory in partnership with state-owned El Nasr Automotive, minister Hisham Tawfik said. The company is one of the largest in China, and is due to send a delegation to Egypt soon to sign the partnership MoU, Tawfik added. We noted last month that the Trade and Industry Ministry is also in talks with China’s Dongfeng, which is considering manufacturing electric cars in Egypt.

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