{"id":553488,"date":"2021-12-06T03:50:53","date_gmt":"2021-12-06T03:50:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/06\/were-set-to-have-a-new-ev-partner-within-weeks\/"},"modified":"2021-12-06T03:50:53","modified_gmt":"2021-12-06T03:50:53","slug":"were-set-to-have-a-new-ev-partner-within-weeks","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/06\/were-set-to-have-a-new-ev-partner-within-weeks\/","title":{"rendered":"We\u2019re set to have a new EV partner within weeks"},"content":{"rendered":"

<\/a> El Nasr\u2019s EV speed dating pool is down to three Chinese partners:<\/strong> State-owned El Nasr Automotive will begin meeting today with three Chinese companies it has shortlisted as its potential partner on locally assembling electric vehicles, Public Enterprises Minister Hisham Tawfik told CNBC Arabia (watch, runtime: 1:44<\/a>). The ministry has also contracted a German consultant specialized in EV design, Tawfik said, according to Al Mal<\/a>.<\/p>\n

Learning from its Dongfeng mistakes:<\/strong> El Nasr has narrowed down the list from 13 proposals<\/a> that originally also included European auto manufacturers and will begin the negotiations having already set its rules of engagement, the minister said. The company plans to settle on one of them to replace China\u2019s Dongfeng and sign the contract by the end of the month<\/a>. Plans for El Nasr Automotive to link up with Chinese auto giant Dongfeng to locally assemble EVs fell through last month<\/a> when the state-owned firm exited talks after being unable to negotiate a lower price point for imported components.<\/p>\n

What we know about the car:<\/strong> El Nasr will only assemble a single \u201creasonably priced\u201d EV model, which will cater to the Egyptian consumers\u2019 needs, Tawfik said. The government will invest at least EGP 450 mn<\/a> to roll out the infrastructure required to make EVs viable on Egyptian roads. Industry leader Infinity is aiming to install 3k charging stations<\/strong> across the country over the next three years as it works with the government on the program.<\/p>\n

The private sector also has plans to rollout EVs: <\/strong>Al Mansour Automotive and General Motors said they could team up to produce EVs<\/a> in Egypt with plans to present a study to the government within 2-3 months.<\/p>\n","protected":false},"excerpt":{"rendered":"

El Nasr\u2019s EV speed dating pool is down to three Chinese partners: State-owned El Nasr Automotive will begin meeting today with three Chinese companies it has shortlisted as its potential partner on locally assembling electric vehicles, Public Enterprises Minister Hisham Tawfik told CNBC Arabia (watch, runtime: 1:44). The ministry has also contracted a German consultant […]<\/p>\n","protected":false},"author":1,"featured_media":553489,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7339],"tags":[144,250,72,356],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive","tag-automotive","tag-el-nasr-automotive","tag-enterpriseam","tag-evs","wpautop","entry"],"acf":{"mongo_id":"f1b96659-e81b-4af5-b76f-b35eb070586e","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/12\/232.jpg","photo_position":"above","related_issue":[553478],"teaser":"","voice_url":""},"yoast_head":"\nWe\u2019re set to have a new EV partner within weeks - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/06\/were-set-to-have-a-new-ev-partner-within-weeks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We\u2019re set to have a new EV partner within weeks\" \/>\n<meta property=\"og:description\" content=\"El Nasr\u2019s EV speed dating pool is down to three Chinese partners: State-owned El Nasr Automotive will begin meeting today with three Chinese companies it has shortlisted as its potential partner on locally assembling electric vehicles, Public Enterprises Minister Hisham Tawfik told CNBC Arabia (watch, runtime: 1:44). 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The minister said that further details would not be provided until agreements and contracts are signed.\u2026","rel":"","context":"In "Automotive"","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/220.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563089,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/17\/ev-testing-starts-in-july\/","url_meta":{"origin":553488,"position":4},"title":"EV testing starts in July","author":"enterpriseam admin","date":"17 June 2021","format":false,"excerpt":"Egypt will start testing China\u2019s E70 EV cars next month ahead of launching an assembled-in-Egypt E70 in 2022: State-owned El Nasr Automotive has imported 13 E70 electric passenger cars from China and will begin testing them on Egyptian roads from the beginning of next month, the Public Enterprises Ministry said\u2026","rel":"","context":"In "Automotive"","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/234.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545603,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/el-nasr-automotive-to-sign-agreement-with-new-chinese-partner-to-locally-assemble-evs\/","url_meta":{"origin":553488,"position":5},"title":"El Nasr Automotive to sign agreement with new Chinese partner to locally assemble EVs","author":"enterpriseam admin","date":"5 April 2022","format":false,"excerpt":"We\u2019re getting a new Chinese partner for EVs: State-owned El Nasr Automotive will sign next week with an unnamed Chinese company to locally assemble electric vehicles (EVs), El Nasr CEO Hany El Kholy told Enterprise. 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