{"id":561076,"date":"2021-03-24T04:12:58","date_gmt":"2021-03-24T04:12:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/24\/keep-an-eye-out-for-the-first-batch-of-new-natgas-vehicles\/"},"modified":"2021-03-24T04:12:58","modified_gmt":"2021-03-24T04:12:58","slug":"keep-an-eye-out-for-the-first-batch-of-new-natgas-vehicles","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/24\/keep-an-eye-out-for-the-first-batch-of-new-natgas-vehicles\/","title":{"rendered":"Keep an eye out for the first batch of new natgas vehicles"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>The first batch of dual-fuel vehicles under the <\/strong><strong>state\u2019s scheme to swap out old, gasoline-fueled cars <\/strong><strong>will hit the road within a month<\/strong>, the initiative\u2019s spokesperson Ahmed Abdel Razek told Enterprise. The number of cars to be delivered in the first batch will depend on the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8dcdd2a0-322c-4f58-9694-7534a490badb\">availability of the models<\/a> selected by the customers, he said, adding that the trial batch would be \u201csmall\u201d to minimize rollout errors.<\/p>\n<p><strong>The government expects to get <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a946047f-ec53-4300-942f-165509dbcc68\">70k new dual-fuel cars<\/a><\/strong><strong> on the road this year<\/strong> as part of its multi-year plan to increase the use of natural gas to power cars and microbuses across the country. By 2023, the government hopes to have converted 250k vehicles. The entire plan will swap out 1.8 mn cars over the course of a decade \u2014 a feat that is expected to cost some <a href=\"https:\/\/enterprise.press\/hardhats\/feasible-plan-convert-vehicles-natgas-gasoline-national-scale\/\">EGP 320 bn<\/a>.<\/p>\n<p><strong>The program seems to be proving popular so far<\/strong>, with some 60k people submitting requests to replace their vehicles since it launched earlier this year. Of these, around 80% have been from passenger-car owners, Abdel Razek said. The Finance Ministry is offering vehicle owners a number of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c569a8ad-4826-4eb2-92a1-f2f4bf44ff52\">financial incentives<\/a> to take part in the scheme, while some <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b32a76e-edee-488e-bb81-5700f30f1229\">EGP 16.2 bn<\/a> is being made available by the government and the central bank to provide subsidized loans through local banks.<\/p>\n<p><strong>IN OTHER AUTOMOTIVE NEWS-<\/strong><\/p>\n<p><strong>China\u2019s Dongfeng could invest USD 10 mn in a plan to locally assemble electric <\/strong><strong>vehicles with state-owned El Nasr Automotive<\/strong>, which would be equivalent to around 20% of the capital needed for the assembly line, Public Enterprises Minister Hisham Tawfik told <a href=\"https:\/\/bit.ly\/396DuzO\">Masrawy<\/a>. The two companies had agreed earlier <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/42ebc60e-2d0f-40a7-a82e-41296a02f798\">this year<\/a> to jointly assemble EVs in Egypt, with plans to install the assembly line by 2Q2021 at an expected cost of EGP 2.5 bn. The first El Nasr-Dongfeng EV should be ready to hit the road by the beginning of 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first batch of dual-fuel vehicles under the state\u2019s scheme to swap out old, gasoline-fueled cars will hit the road within a month, the initiative\u2019s spokesperson Ahmed Abdel Razek told Enterprise. The number of cars to be delivered in the first batch will depend on the availability of the models selected by the customers, he [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":561077,"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":[144,419,250,93,72,268],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive","tag-automotive","tag-dongfeng","tag-el-nasr-automotive","tag-energy","tag-enterpriseam","tag-natgas-transition-scheme","wpautop","entry"],"acf":{"mongo_id":"d21a19d9-0096-4672-8e09-874749be231f","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/3\/296.jpg","photo_position":"above","related_issue":[561070],"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>Keep an eye out for the first batch of new natgas vehicles - 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\/03\/24\/keep-an-eye-out-for-the-first-batch-of-new-natgas-vehicles\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Keep an eye out for the first batch of new natgas vehicles\" \/>\n<meta property=\"og:description\" content=\"The first batch of dual-fuel vehicles under the state\u2019s scheme to swap out old, gasoline-fueled cars will hit the road within a month, the initiative\u2019s spokesperson Ahmed Abdel Razek told Enterprise. The number of cars to be delivered in the first batch will depend on the availability of the models selected by the customers, he [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/24\/keep-an-eye-out-for-the-first-batch-of-new-natgas-vehicles\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-24T04:12:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/296.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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/24\/keep-an-eye-out-for-the-first-batch-of-new-natgas-vehicles\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/24\/keep-an-eye-out-for-the-first-batch-of-new-natgas-vehicles\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Keep an eye out for the first batch of new natgas vehicles\",\"datePublished\":\"2021-03-24T04:12:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/24\/keep-an-eye-out-for-the-first-batch-of-new-natgas-vehicles\/\"},\"wordCount\":317,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/24\/keep-an-eye-out-for-the-first-batch-of-new-natgas-vehicles\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/296.jpg?fit=%2C&ssl=1\",\"keywords\":[\"automotive\",\"Dongfeng\",\"El Nasr Automotive\",\"energy\",\"EnterpriseAM\",\"natgas transition scheme\"],\"articleSection\":[\"Automotive\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/24\/keep-an-eye-out-for-the-first-batch-of-new-natgas-vehicles\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/24\/keep-an-eye-out-for-the-first-batch-of-new-natgas-vehicles\/\",\"name\":\"Keep an eye out for the first batch of new natgas vehicles - 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That includes the 250k figure that was previously announced \u2014 which the Trade and Industry Ministry is handling\u2026","rel":"","context":"In &quot;NATGAS TRANSITION&quot;","block_context":{"text":"NATGAS TRANSITION","link":"https:\/\/enterpriseam.com\/egypt\/category\/natgas-transition\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/185.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565780,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/the-govt-has-now-been-handing-out-new-natgas-vehicles-for-a-full-month\/","url_meta":{"origin":561076,"position":1},"title":"The gov\u2019t has now been handing out new natgas vehicles for a full month","author":"enterpriseam admin","date":"4 May 2021","format":false,"excerpt":"Update on the gov\u2019t automotive natgas transition scheme: Egypt handed over 340 natgas cars as part of the natgas transition scheme during April, which was the first month the government began delivering the vehicles, Finance Minister Mohamed Maait said in a statement on Friday.Applications to the scheme seem to be\u2026","rel":"","context":"In &quot;SPEED ROUND: AUTOMOTIVE&quot;","block_context":{"text":"SPEED ROUND: AUTOMOTIVE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/296.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558699,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/23\/madbouly-wants-to-see-a-faster-natgas-transition\/","url_meta":{"origin":561076,"position":2},"title":"Madbouly wants to see a faster natgas transition","author":"enterpriseam admin","date":"23 August 2021","format":false,"excerpt":"Prime Minister Moustafa Madbouly mandated the acceleration of deliveries under the government\u2019s natgas vehicle swap scheme as the second batch delivery rates continue to stutter \u201cunsatisfactorily,\u201d the prime minister said during a meeting yesterday The government this year began rolling out a plan that it hopes will see as many\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/235.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562570,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/govt-wants-to-expand-natgas-transition-plan\/","url_meta":{"origin":561076,"position":3},"title":"Gov\u2019t wants to expand natgas transition plan","author":"enterpriseam admin","date":"30 May 2021","format":false,"excerpt":"The Finance Ministry could expand its automotive natgas transition scheme to allow more vehicle owners and more governorates to participate, Finance Minister Mohamed Maait said in a statement on Friday. The ministry is considering opening it up to new governorates as soon as they have the required infrastructure, while new\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\/5\/267.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561364,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/05\/hit-the-road-jack\/","url_meta":{"origin":561076,"position":4},"title":"Hit the road, Jack.","author":"enterpriseam admin","date":"5 April 2021","format":false,"excerpt":"The dual-fuel vehicles being delivered in the pilot phase of the government\u2019s natgas transition plan are now on the road after Prime Minister Mostafa Madbouly handed over the keys to their new owners in a ceremony last night, the cabinet said in a statement.We\u2019re not sure how many vehicles are\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\/4\/38.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566460,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/21\/tuk-tuk-owners-should-be-able-to-swap-their-vehicles-for-natgas-microbuses-next-month-we-have-a-price-tag-for-evs-infrastructure\/","url_meta":{"origin":561076,"position":5},"title":"Tuk-tuk owners should be able to swap their vehicles for natgas microbuses next month + we have a price tag for EVs infrastructure","author":"enterpriseam admin","date":"21 June 2021","format":false,"excerpt":"Tuk-tuk owners will soon be able to apply to the natgas transition scheme: The cabinet yesterday decided to expand the Finance Ministry\u2019s natgas transition scheme to include tuk-tuk owners, who should be able to apply to swap out their vehicles for natgas-powered microbuses as of next month, the Finance Ministry\u2019s\u2026","rel":"","context":"In &quot;SPEED ROUND: ENERGY&quot;","block_context":{"text":"SPEED ROUND: ENERGY","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/547.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\/561076","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=561076"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/561076\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/561070"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/561077"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=561076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=561076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=561076"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=561076"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=561076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}