{"id":596729,"date":"2019-07-07T04:43:50","date_gmt":"2019-07-07T04:43:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/07\/raya-auto-plans-investing-egp-300-mn-in-making-motorcycles-and-electric-vehicles\/"},"modified":"2019-07-07T04:43:50","modified_gmt":"2019-07-07T04:43:50","slug":"raya-auto-plans-investing-egp-300-mn-in-making-motorcycles-and-electric-vehicles","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/07\/raya-auto-plans-investing-egp-300-mn-in-making-motorcycles-and-electric-vehicles\/","title":{"rendered":"Raya Auto plans investing EGP 300 mn in making motorcycles and electric vehicles"},"content":{"rendered":"

INVESTMENT WATCH- Raya Auto plans to invest EGP 300 mn in three years:<\/b> 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<\/a>. The company has inaugurated the second production line at its 6 October production facility. We reported last week<\/a> that the company is in talks with three Indian and Chinese companies to cooperate on the manufacturing process.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 has inaugurated the second production […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[72,125,614,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596729","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-investment-watch","tag-raya-holding","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5e12466b-1736-4fae-80ac-9149f9470e94","is_powered_by":true,"section_story_id":"eecb0797-2ef7-446a-a233-3e10bee7c1bd","story_type":"1","photo_url":"","photo_position":"above","related_issue":[596716],"teaser":"","voice_url":""},"yoast_head":"\nRaya Auto plans investing EGP 300 mn in making motorcycles and electric 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\/2019\/07\/07\/raya-auto-plans-investing-egp-300-mn-in-making-motorcycles-and-electric-vehicles\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raya Auto plans investing EGP 300 mn in making motorcycles and electric vehicles\" \/>\n<meta property=\"og:description\" content=\"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. 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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 "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":598830,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/rayas-manufacturing-arm-seeking-licence-to-assemble-electric-cars\/","url_meta":{"origin":596729,"position":2},"title":"Raya\u2019s manufacturing arm seeking licence to assemble electric cars","author":"enterpriseam admin","date":"10 June 2019","format":false,"excerpt":"INVESTMENT WATCH- Raya\u2019s manufacturing arm seeking licence to assemble electric cars: Raya Auto, a subsidiary of Medhat Khalil\u2019s Raya Holding, has begun talks with the Trade and Industry Ministry to obtain a licence to assemble electric cars, sources close to the matter told Al Mal. Raya is moving forward with\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559725,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/raya-eyes-expansion-efic-plans-fertilizer-production-upgrade\/","url_meta":{"origin":596729,"position":3},"title":"Raya eyes expansion + EFIC plans fertilizer production upgrade","author":"enterpriseam admin","date":"2 February 2021","format":false,"excerpt":"Raya Holding for Financial Investments will invest EGP 400 mn in 2021 to expand into new sectors, CEO Medhat Khalil told Reuters in an interview cited by Al Arabiya. The company will self-finance half of the amount and is lining up bank finance for the rest, he said.Haier Raya kickstarts\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591522,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/09\/raya-holding-to-invest-egp-1-bn-in-home-appliance-production-lines\/","url_meta":{"origin":596729,"position":4},"title":"Raya Holding to invest EGP 1 bn in home appliance production lines","author":"enterpriseam admin","date":"9 December 2019","format":false,"excerpt":"INVESTMENT WATCH- Raya Holding to invest EGP 1 bn in home appliance production lines: Raya Holding is planning to set up several new home appliance production lines, an investment that could cost as much as EGP 1 bn, Chairman Medhat Khalil tells Al Mal. The group is in talks with\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574844,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/23\/574844\/","url_meta":{"origin":596729,"position":5},"title":"CORRECTION- We incorrectly reported yesterday\u2026","author":"enterpriseam admin","date":"23 September 2020","format":false,"excerpt":"CORRECTION- We incorrectly reported yesterday that Raya Auto is investing USD 200 mn in the local production of electric vehicles in the next three years. The correct figure is EGP 200 mn. The story has since been corrected on our website.","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\/596729","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=596729"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596729\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/596716"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=596729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=596729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=596729"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=596729"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=596729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}