Egypt signs MoU with China’s Geely to locally produce electric cars

The National Organization for Military Production on Friday signed an MoU with China’s Geely Company to manufacture electric cars in Egypt, an official statement said without revealing any details. Military Production Minister Mohamed El Assar had also met on Thursday with the Chairman of China’s Ankai Automobile Company to talk cooperating in the joint production of electric buses, according to MENA. The Public Enterprises Ministry last month reached an agreement with an unnamed Chinese auto company to produce electric vehicles in partnership with El Nasr automotive.