{"id":658706,"date":"2025-01-15T00:00:00","date_gmt":"2025-01-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/15\/chinas-geely-and-local-partner-auto-mobility-to-kick-off-local-auto-assembly-starting-today\/"},"modified":"2025-01-15T00:00:00","modified_gmt":"2025-01-15T00:00:00","slug":"chinas-geely-and-local-partner-auto-mobility-to-kick-off-local-auto-assembly-starting-today","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/15\/chinas-geely-and-local-partner-auto-mobility-to-kick-off-local-auto-assembly-starting-today\/","title":{"rendered":"China\u2019s Geely and local partner Auto Mobility to kick off local auto assembly starting today"},"content":{"rendered":"

Made-in-Egypt Geely autos should soon start rolling off the assembly lines<\/strong>, with a new factory set up with the Chinese auto giant\u2019s local partner Auto Mobility set to launch \u201cwithin hours,\u201d Prime Minister Moustafa Madbouly said at a meeting<\/a> with representatives from the involved companies yesterday.<\/p>\n

Auto Mobility? <\/strong>The company is a joint venture between Kuwait\u2019s <\/a>Ali Alghanim & Sons<\/a>Automotive<\/a>, Saudi\u2019s <\/a>Mohamed Yousuf Naghi Group<\/a>, and Egypt\u2019s <\/a>Organi Group<\/a>. The trio behind Auto Mobility \u2014 along with local firm Al Safi Group \u2014 <\/a>teamed up<\/a> in late 2022 to establish <\/a>Global Auto Group<\/a>, the local agent of BMW and Mini.<\/p>\n

The new factory is hoping to export 30k vehicles while also meeting local demand<\/strong>, but no overall annual production capacity target was provided. Whatever the production capacity number is, Geely Holding Group\u2019s vice president indicated the company\u2019s willingness to increase production further and establish Egypt as an important export base for Africa, the Middle East, and other markets further afield. <\/p>\n

We\u2019re also yet to give a price tag for the new factory<\/strong>, but reports last year<\/a> put Auto Mobility\u2019s investment into the localization of Geely-branded vehicles USD 100 mn \u2014 which very well may have also referred to a different game plan than the one ongoing now. <\/p>\n

Remember:<\/strong> Local reports said last year<\/a> that Geely was one of the auto makers who showed interest in participating in the government\u2019s Egyptian Automotive Industry Development Program<\/a> (AIDP), alongside Stellantis, Proton, Geely, Jac, and BYD.<\/p>\n

EVs may be the next step<\/strong>, with Auto Mobility Chairman Fahd Ali Al Ghanim saying last year that it will study the production of EVs at a later stage.<\/p>\n

** We spoke to Auto Mobility Managing Director Osman Abdelmoneim last year for our My<\/strong> Morning Routine column. <\/strong>You can check out our interview here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The new factory is hoping to export 30k vehicles while also meeting local demand<\/p>\n","protected":false},"author":1,"featured_media":658707,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7227,144,72,2093],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-658706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive","tag-auto-mobility","tag-automotive","tag-enterpriseam","tag-geely","wpautop","entry"],"acf":{"mongo_id":"93d4c0af-1a7d-4377-840c-a1213a50bda8","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/865.jpg","photo_position":"above","homepage_title":"","full_issue_title":"China\u2019s Geely and Egyptian partner Auto Mobility to kick off local auto assembly starting today","related_issue":[658696],"teaser":"The new factory is hoping to export 30k vehicles while also meeting local demand","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.af436592-48ea-497a-b8e0-e0dced01d14e.mp3"},"yoast_head":"\nChina\u2019s Geely and local partner Auto Mobility to kick off local auto assembly starting today - 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\/2025\/01\/15\/chinas-geely-and-local-partner-auto-mobility-to-kick-off-local-auto-assembly-starting-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China\u2019s Geely and local partner Auto Mobility to kick off local auto assembly 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The company\u2019s expansion plans rest on the incentives laid out by the legislation, which is designed to prompt local assemblers to\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":558537,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/16\/abou-ghaly-motors-is-now-local-agent-of-geely\/","url_meta":{"origin":658706,"position":4},"title":"Abou Ghaly Motors is now local agent of Geely","author":"enterpriseam admin","date":"16 August 2021","format":false,"excerpt":"Geely cars will now be sold in Egypt by Abou Ghaly Motors: Chinese carmaker Geely Auto has inked an agreement with local agent Abou Ghaly Motors to sell its vehicles in Egypt, less than a fortnight after splitting from GB Auto, Geely announced in a statement (pdf) yesterday. The two\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\/8\/174.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":647768,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/gb-auto-launches-new-promotional-campaign-with-discounts-up-to-egp-17k\/","url_meta":{"origin":658706,"position":5},"title":"GB Auto launches new promotional campaign with discounts up to EGP 17k","author":"enterpriseam admin","date":"18 May 2017","format":false,"excerpt":"GB Auto kicked off a new promotional campaign on Wednesday offering discounts of EGP 10-17k on select models of its Geely, Hyundai, and Chery brands in a bid to stimulate market demand. The company is also offering a year of free after-sales services for new purchases of Hyundai\u2019s Tucson model.","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/658706","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=658706"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/658706\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/658696"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/658707"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=658706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=658706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=658706"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=658706"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=658706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}