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BME signs contract with China’s CATL for EGP 2 bn battery systems plant
The facility will start with commercial-vehicle batteries before expanding into passenger cars and renewable-energy storage with 40% local content
Gov’t weighs 5% tariff on imported EVs to protect local assembly
Plus: Senate studies a bill to temporarily lift customs duties, VAT, and administrative fees on imported solar inputs for three…
Imported cars are facing an unofficial squeeze ahead of a formal tariff coming by end-August
The squeeze shows that Cairo wants cars built here, not shipped in
Egypt’s auto market cools in April as buyers digest 1Q pull-forward
“April was the height of uncertainty,” Cars by Maged’s Maged El Tawil tells us
Rox ESI to manufacture Egypt’s first luxury passenger EV
Production is scheduled to kick off in mid-2027
imports pull further ahead of local assembly in March
Anticipated price hikes and rising inflationary pressures fueled March car sales and EV adoption
Infinity, XPRS make EV home chargers more affordable
Plus: Mido secures mezzanine debt financing from Vantage Capital
Turning commercial fleets green doesn’t just make environmental sense, but financial sense too
A sizable 5% of the total commercial vehicle market in Egypt is now EVs
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