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Auto sales jump over 40% m-o-m in July
The total number of vehicles sold is the highest reported since August 2022 — a whole 23 months ago
India is looking into setting up a USD 60 mn carbon black factory in Egypt
Local officials met with representatives from major Indian companies working in the carbon black, green hydrogen, furnishings, and automotive industries
Malaysia’s Proton to start producing locally made autos in early 2025. PLUS: Talgo, Aton + Ankh + Centamin, IFC + Tanmiya Capital Ventures, Fujifilm
The company plans to invest some EGP 2 bn during the first two years of production
Nissan Egypt wants to invest USD 56 mn in Egypt through 2026
The automotive player will invest some USD 2 mn to set up a freezone company in Alexandria
EV companies want to expand charging infrastructure — but how can they do it?
The most controversial proposal revolves around using multiple charging protocols rather than a single, unified protocol
Abou Ghaly Motors secures EBRD funds to continue electrifying its London Cab fleet
The injection follows a EUR 10 mn loan in 2022 that funded the purchase of the auto group’s first 250…
Could the private sector help revive state-owned tire maker Trenco?
The government is looking to team up with the private sector to revive and develop Trenco with investments of USD…
Auto sales up for the third month in a row in June
The increase was triggered by growth across passenger car and bus sales
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