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Raya Auto to invest EGP 200 mn in EV production
INVESTMENT WATCH- Raya Auto plans to invest EGP 200 mn in local EV assembly over the next three years: Raya…
How feasible is the plan to replace gasoline-fired cars with dual-fuel vehicles — Part 3
How feasible is the plan to replace gasoline-fired cars with dual-fuel vehicles — the role of the auto industry. This…
The next step in our journey to an EV future will cost about EGP 500 mn
INVESTMENT WATCH- The next step in our journey to an EV future will cost about EGP 500 mn: The plant…
EBRD to invest EGP 1.5 bn in NUCA bond issuance
DEBT WATCH- EBRD to back NUCA bond issuance with EGP 1.5 bn investment: The European Bank for Reconstruction and Development…
Is Egypt ready for electric vehicles?
Is Egypt ready for electric vehicles? Over the past year, the Madbouly government has enacted policies to encourage the embryonic…
What we’re tracking on 23 March 2020
Egypt now has 327 confirmed cases of covid-19 after 33 new cases, all Egyptians, were reported yesterday by the Health…
El Nasr Automotive restarts talks with Dongfeng over EV manufacturing
State-owned El Nasr Automotive has restarted talks with Wuhan-based Dongfeng, the front-runner to become Egypt’s first domestic electric vehicle manufacturer,…
Auto industry wants more subsidies to produce first batch of electric vehicles
Auto industry wants more subsidies to produce first batch of electric vehicles: Auto industry figures lobbying the government to increase…
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