Gov’t to limit Chinese EV imports to official agents
The move is part of a broader push to regulate the EV market and support local manufacturing
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The move is part of a broader push to regulate the EV market and support local manufacturing
Truck sales nearly tripled y-o-y, while overall sales were up 104.7%.
The government plans to spend EGP 9.2 bn on incentives to localize the auto industry this fiscal year
Abou Ghali Auto will start producing the Sandstorm S24 in Egypt in 2026
The offering includes base Box EV model with a budget friendly price tag of just EGP 770k
PLUS- Potato exporters are about to have an easier time accessing EU markets
ManEast will invest EGP 1 bn this year
New factories and increased production capacity expands car supply and pressures prices amid a wave of reductions
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