{"id":622787,"date":"2018-10-11T04:35:51","date_gmt":"2018-10-11T04:35:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/dershal-to-invest-usd-53-mn-in-egypt-for-local-electric-car-assembling\/"},"modified":"2018-10-11T04:35:51","modified_gmt":"2018-10-11T04:35:51","slug":"dershal-to-invest-usd-53-mn-in-egypt-for-local-electric-car-assembling","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/dershal-to-invest-usd-53-mn-in-egypt-for-local-electric-car-assembling\/","title":{"rendered":"Dershal to invest USD 53 mn in Egypt for local electric car assembling"},"content":{"rendered":"<p>The local distributor of China\u2019s Dongfeng cars, Dershal, is planning to invest USD 53 mn to begin assembling electric cars in Egypt, Dershal Chairman Hassan El Dessouky said, <a href=\"http:\/\/www.xinhuanet.com\/english\/2018-10\/10\/c_137523786.htm\">Xinhua reports<\/a>. No further details were provided, but Dershal had signed an agreement with the state-owned Egyptian Automotive Manufacturing Company in July to cooperate on the assembly of electric cars using Chinese technology. The value of the agreement was not disclosed but execs said that he project would produce 200 vehicles in its first year and gradually increase output to 10,000 cars by its fifth year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The local distributor of China\u2019s Dongfeng cars, Dershal, is planning to invest USD 53 mn to begin assembling electric cars in Egypt, Dershal Chairman Hassan El Dessouky said, Xinhua reports. No further details were provided, but Dershal had signed an agreement with the state-owned Egyptian Automotive Manufacturing Company in July to cooperate on the assembly [&hellip;]<\/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":[9291],"tags":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622787","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"96f97be5-e5ab-4efa-bf5a-2bac4ff9eb7f","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Dershal to invest USD 53 mn in Egypt for local electric car assembling","related_issue":[622753],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.6d7e3389-c4f2-4b08-8b79-6d08f24f8278.mp3"},"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>Dershal to invest USD 53 mn in Egypt for local electric car assembling - 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\/2018\/10\/11\/dershal-to-invest-usd-53-mn-in-egypt-for-local-electric-car-assembling\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dershal to invest USD 53 mn in Egypt for local electric car assembling\" \/>\n<meta property=\"og:description\" content=\"The local distributor of China\u2019s Dongfeng cars, Dershal, is planning to invest USD 53 mn to begin assembling electric cars in Egypt, Dershal Chairman Hassan El Dessouky said, Xinhua reports. No further details were provided, but Dershal had signed an agreement with the state-owned Egyptian Automotive Manufacturing Company in July to cooperate on the assembly [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/dershal-to-invest-usd-53-mn-in-egypt-for-local-electric-car-assembling\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-11T04:35:51+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/dershal-to-invest-usd-53-mn-in-egypt-for-local-electric-car-assembling\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/dershal-to-invest-usd-53-mn-in-egypt-for-local-electric-car-assembling\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Dershal to invest USD 53 mn in Egypt for local electric car assembling\",\"datePublished\":\"2018-10-11T04:35:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/dershal-to-invest-usd-53-mn-in-egypt-for-local-electric-car-assembling\/\"},\"wordCount\":104,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/dershal-to-invest-usd-53-mn-in-egypt-for-local-electric-car-assembling\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/11\/dershal-to-invest-usd-53-mn-in-egypt-for-local-electric-car-assembling\/\",\"name\":\"Dershal to invest USD 53 mn in Egypt for local electric car assembling - 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