{"id":573924,"date":"2020-08-24T03:59:26","date_gmt":"2020-08-24T03:59:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/24\/nissan-reportedly-walks-away-from-egypts-plan-to-convert-microbuses-to-run-on-natgas-toyota-seeks-incentives\/"},"modified":"2020-08-24T03:59:26","modified_gmt":"2020-08-24T03:59:26","slug":"nissan-reportedly-walks-away-from-egypts-plan-to-convert-microbuses-to-run-on-natgas-toyota-seeks-incentives","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/24\/nissan-reportedly-walks-away-from-egypts-plan-to-convert-microbuses-to-run-on-natgas-toyota-seeks-incentives\/","title":{"rendered":"Nissan reportedly walks away from Egypt\u2019s plan to convert microbuses to run on natgas; Toyota seeks incentives"},"content":{"rendered":"

Nissan reportedly walks away from converting microbuses to run on natgas as Toyota eyes <\/strong>incentives:<\/strong> Japan\u2019s Nissan has withdrawn from participating in the Egyptian government\u2019s plans to convert microbuses to run on dual-fuel engines, saying it currently lacks the technical know-how to participate, Hapi Journal<\/a> reports, citing an unnamed government source. The government has reportedly tried to convince Nissan otherwise, but to no avail. It remains unclear why Nissan dropped out of the program entirely, rather than follow in the footsteps of other auto firms \u2014 including Toyota, Al Amal, and Modern Motors \u2014 which requested a grace period<\/a> of 3-4 months to adequately prepare for the conversion program.<\/p>\n

Toyota, meanwhile, wants to be courted a little bit more:<\/strong> The Japanese automaker, which had previously expressed interest<\/a> in the project, has asked the government for incentives to participate, including customs and VAT exemptions. The source suggests these requests will be difficult to meet, and could lead to Toyota following Nissan\u2019s lead and also dropping out<\/strong> from the program.<\/p>\n

That leaves two other companies in the program:<\/strong> Al Amal, the local distributor of King Long-branded microbuses, and Modern Motors, which distributes Foton microbuses, are now the two main participants in the conversion plan that the Sisi administration announced earlier this year<\/a>. These firms are currently in talks for supply agreements for the imported car parts required to outfit cars with the dual-fuel engines, we noted previously.<\/p>\n

Public buses running on natgas to hit the streets soon:<\/strong> The Mass Transit Authority (MTA) is set to work with the Military Production Ministry to convert 300 buses to run on natural gas as a first phase, MTA Chairman Rezk Aly told Al Mal<\/a>. Each bus is expected to cost EGP 500k to convert, meaning the first phase will cost EGP 150 mn. The MTA plans to convert the engines on its entire 3,500-bus fleet within two years. Each converted bus will cut costs by EGP 100k per year, according to Aly.<\/p>\n

Take a deep dive into the plan<\/strong> with our three-part series in Hardhat: Part 1<\/a>, part 2<\/a>, and part 3<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nissan reportedly walks away from converting microbuses to run on natgas as Toyota eyes incentives: Japan\u2019s Nissan has withdrawn from participating in the Egyptian government\u2019s plans to convert microbuses to run on dual-fuel engines, saying it currently lacks the technical know-how to participate, Hapi Journal reports, citing an unnamed government source. The government has reportedly […]<\/p>\n","protected":false},"author":1,"featured_media":573925,"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":[8572],"tags":[10364,72,819,5748,5651,2532,91,2380,1231,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-al-amal","tag-enterpriseam","tag-fuel","tag-king-long","tag-modern-motors","tag-nissan","tag-oil-and-gas","tag-speed-round","tag-toyota","tag-transport","wpautop","entry"],"acf":{"mongo_id":"c1c348e5-8d96-415c-b034-9aa0de930c46","is_powered_by":true,"section_story_id":"e5d5e27d-9ad1-4071-909d-602a4eea2142","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/8\/181.jpg","photo_position":"above","related_issue":[573908],"teaser":"","voice_url":""},"yoast_head":"\nNissan reportedly walks away from Egypt\u2019s plan to convert microbuses to run on natgas; Toyota seeks incentives - 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\/2020\/08\/24\/nissan-reportedly-walks-away-from-egypts-plan-to-convert-microbuses-to-run-on-natgas-toyota-seeks-incentives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nissan reportedly walks away from Egypt\u2019s plan to convert microbuses to run on natgas; Toyota seeks incentives\" \/>\n<meta property=\"og:description\" content=\"Nissan reportedly walks away from converting microbuses to run on natgas as Toyota eyes incentives: Japan\u2019s Nissan has withdrawn from participating in the Egyptian government\u2019s plans to convert microbuses to run on dual-fuel engines, saying it currently lacks the technical know-how to participate, Hapi Journal reports, citing an unnamed government source. 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Infinity now has a total of 150 charging points in operation\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\/2\/131.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576062,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/09\/brilliance-auto-eyes-egypts-microbus-natural-gas-conversion-scheme\/","url_meta":{"origin":573924,"position":3},"title":"Brilliance Auto eyes Egypt\u2019s microbus natural gas conversion scheme","author":"enterpriseam admin","date":"9 November 2020","format":false,"excerpt":"Brilliance Auto eyes Egypt\u2019s microbus natgas conversion scheme: Chinese car manufacturer Brilliance Auto Group is in talks with its parent company, HuaChen Group Auto Holding, about potentially participating in Egypt\u2019s microbus natural gas conversion scheme, said General Manager Khaled Saad without giving further details, according to Al Mal. Brilliance and\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/88.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573022,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/16\/toyota-agrees-to-transition-its-microbus-fleet-in-egypt-to-natural-gas\/","url_meta":{"origin":573924,"position":4},"title":"Toyota agrees to transition its microbus fleet in Egypt to natural gas","author":"enterpriseam admin","date":"16 July 2020","format":false,"excerpt":"Toyota has reportedly agreed to switch the engines on all 100k Toyota-branded microbuses currently on Egypt\u2019s streets to run on natural gas instead of diesel fuel, the local press reports, citing an unnamed government source familiar with the matter. The company expects to complete the process in four to six\u2026","rel":"","context":"In "Automotive + Transportation"","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":649165,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/24\/nissan-appoints-mansour-group-coo-ankush-arora-as-new-india-president\/","url_meta":{"origin":573924,"position":5},"title":"Nissan appoints Mansour Group COO Ankush Arora as new India president","author":"enterpriseam admin","date":"24 April 2017","format":false,"excerpt":"MOVES- Nissan has reportedly appointed Mansour Group COO Ankush Arora as its new India president, Business Standard reports. Arora joined Mansour Group in 2014 after a one-year stint at Tata Motors and more than 17 years at General Motors.","rel":"","context":"In "Speed Round"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/573924","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=573924"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/573924\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/573908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/573925"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=573924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=573924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=573924"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=573924"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=573924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}