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NATCO reportedly acquires a third of EV platform Electrified
State-owned National Automotive Company (NATCO) has acquired 33% of local private sector EV services platform Electrified, according to a report…
THIS MORNING: It’s inflation day + EGX plans October investment roadshow in the Gulf
Good morning, wonderful people. It’s a quiet Monday morning — but expect the newsflow to pick up pace as the…
Senate readies EV legislation that could create an industry fund + regulatory body
The Senate will discuss today legislation that could set up a new regulatory body to make policy for the electric…
Car sales fell once again in August
Auto sales were down by more than half in August compared with the same month a year before as the…
Last Night’s Talk Shows: Reports of Ahmed El Ezaby’s arrest turned out to be greatly exaggerated
The automotive sector and El Ezaby’s rumored arrest all got airtime on last night’s talk shows. The automotive strategy: Several…
Will we finally get serious about automotive assembly?
The government’s automotive committee held its first meeting yesterday headed by Prime Minister Mousatafa Madbouly, cabinet said in a statement.…
Auto assemblers are hurting
FROM THE DEPT. OF DUH- Auto assembly in Egypt is hurting right now: Al Amal Auto could be forced to…
US equities are still holding up + Porsche looks set to IPO this fall
US equities are the best of a bad bunch amid global turmoil: Investors are still piling into US stocks despite…
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