{"id":559527,"date":"2021-01-25T04:01:12","date_gmt":"2021-01-25T04:01:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/more-evs-coming-right-up\/"},"modified":"2021-01-25T04:01:12","modified_gmt":"2021-01-25T04:01:12","slug":"more-evs-coming-right-up","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/more-evs-coming-right-up\/","title":{"rendered":"More EVs, coming right up"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>EV production plans seeing the light?<\/strong> A project to locally assemble electric vehicles between the Military Production Ministry and an unnamed international company will officially be announced this Wednesday, <a href=\"https:\/\/bit.ly\/367Di1T\">Youm7<\/a> reports. The article does not name the company, but our guess is that this is a revival of the National Organization for Military Production\u2019s (NOMP) <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/08\/egypt-signs-mou-with-chinas-geely-to-locally-produce-electric-cars\/\">2019 MoU<\/a> with China\u2019s Geely. According to the newspaper, the ministry\u2019s Helwan Machinery and Equipment Company will set up and operate the production lines.<\/p>\n<p><strong>What are the specs?<\/strong> All we know so far is that the vehicles produced will meet a 45% local component quota.<\/p>\n<p><strong>Full speed ahead towards our electric future:<\/strong> The project\u2019s kick-off comes on the heels of state-owned El Nasr moving ahead with <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/42ebc60e-2d0f-40a7-a82e-41296a02f798\">locally producing EVs with China\u2019s Dongfeng<\/a>, after signing the contracts earlier this month. This all comes as the country\u2019s infrastructure to accommodate electric vehicles is expanding and should include <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2fa3cac6-21f1-4d7c-bf73-f6fd8b49d842\">more than 3k charging stations by 2024<\/a>. The NOMP <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/02\/egypt-signs-mou-with-chinese-companies-to-produce-ev-charging-stations\/\">had also signed<\/a> an MoU with China\u2019s SSE International and Marathon International Technology to begin production of EV charging stations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EV production plans seeing the light? A project to locally assemble electric vehicles between the Military Production Ministry and an unnamed international company will officially be announced this Wednesday, Youm7 reports. The article does not name the company, but our guess is that this is a revival of the National Organization for Military Production\u2019s (NOMP) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":559528,"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":[144,72,3434],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559527","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive","tag-automotive","tag-enterpriseam","tag-tahya-misr-fund","wpautop","entry"],"acf":{"mongo_id":"ebaaafcc-7c6e-4a72-a659-8b10b312f6fa","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/1\/305.jpg","photo_position":"above","related_issue":[559516],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>More EVs, coming right up - 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\/01\/25\/more-evs-coming-right-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More EVs, coming right up\" \/>\n<meta property=\"og:description\" content=\"EV production plans seeing the light? A project to locally assemble electric vehicles between the Military Production Ministry and an unnamed international company will officially be announced this Wednesday, Youm7 reports. The article does not name the company, but our guess is that this is a revival of the National Organization for Military Production\u2019s (NOMP) [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/more-evs-coming-right-up\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-25T04:01:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/305.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/more-evs-coming-right-up\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/more-evs-coming-right-up\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"More EVs, coming right up\",\"datePublished\":\"2021-01-25T04:01:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/more-evs-coming-right-up\/\"},\"wordCount\":188,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/more-evs-coming-right-up\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/1\/305.jpg?fit=%2C&ssl=1\",\"keywords\":[\"automotive\",\"EnterpriseAM\",\"Tahya Misr Fund\"],\"articleSection\":[\"Automotive\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/more-evs-coming-right-up\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/25\/more-evs-coming-right-up\/\",\"name\":\"More EVs, coming right up - 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Military Production Minister Mohamed El Assar had also met on Thursday with the Chairman of China\u2019s Ankai Automobile Company to talk\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595694,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/04\/chinas-foton-discusses-manufacturing-electric-buses-with-egyptian-officials\/","url_meta":{"origin":559527,"position":1},"title":"China\u2019s Foton discusses manufacturing electric buses with Egyptian officials","author":"enterpriseam admin","date":"4 August 2019","format":false,"excerpt":"A delegation from Chinese automotive manufacturer Foton Motor met with Military Production Minister Mohamed El Assar, Local Development Minister Mahmoud Shaarawy and the governors of Cairo and Alexandria to discuss preparations for manufacturing electric buses in Egypt, according to a Military Production Ministry statement. Chinese engineers visited the ministry\u2019s factories\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596729,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/07\/raya-auto-plans-investing-egp-300-mn-in-making-motorcycles-and-electric-vehicles\/","url_meta":{"origin":559527,"position":2},"title":"Raya Auto plans investing EGP 300 mn in making motorcycles and electric vehicles","author":"enterpriseam admin","date":"7 July 2019","format":false,"excerpt":"INVESTMENT WATCH- Raya Auto plans to invest EGP 300 mn in three years: Raya Holding\u2019s automotive unit Raya Auto is planning to invest around EGP 300 mn over the coming three years to manufacture motorcycles and electric vehicles, CEO Tamer Abdel Aziz said, according to the local press. The company\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560277,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/egypt-to-produce-locally-assembled-electric-buses-by-2021\/","url_meta":{"origin":559527,"position":3},"title":"Egypt to produce locally assembled electric buses by 2021","author":"enterpriseam admin","date":"22 February 2021","format":false,"excerpt":"The first all-Egyptian electric buses being assembled domestically will hit the road before the year is out, Military Production Minister Mohamed Morsy told Ala Masouleety\u2019s Ahmed Moussa (watch, runtime: 11:03). The buses will be assembled at state-owned and private sector facilities, Morsy said, and will source all the components domestically,\u2026","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/318.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596141,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/19\/raya-discusses-ev-licensing-regs-with-egypts-traffic-authorities\/","url_meta":{"origin":559527,"position":4},"title":"Raya discusses EV licensing regs with Egypt\u2019s traffic authorities","author":"enterpriseam admin","date":"19 August 2019","format":false,"excerpt":"Raya Auto is in talks with traffic authorities to clarify licensing regulations for electric motorcycles, CFO of parent company Raya Holdings Hossam Hussein tells Al Mal. The company is investing EGP 300 mn in the production of EVs, having recently inaugurated a second production line at its 6 October production\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":609652,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/08\/will-a-new-digital-platform-and-electric-car-incentives-boost-the-auto-industry\/","url_meta":{"origin":559527,"position":5},"title":"Will a new digital platform and electric car incentives boost the auto industry?","author":"enterpriseam admin","date":"8 November 2023","format":false,"excerpt":"Al Nasr Automotives is reportedly close to signing an agreement with a Chinese company to produce EVs","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/381.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=559527"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559527\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/559516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/559528"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=559527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=559527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=559527"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=559527"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=559527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}