13 Hrs
Source:
صدى البلد
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2026 Car Replacement Steps
The 2026 Car Replacement Initiative focuses on replacing old vehicles that are over 20 years old with new natural gas-powered cars. Its goals are to reduce fuel consumption and harmful emissions, support the local industry, and improve road safety. The initiative requires applicants to be Egyptian and includes prerequisites such as documenting vehicle ownership and registering the vehicle in the owner’s name for at least two years, along with submitting documents like a national ID and vehicle registration. The program offers financial incentives (the Green Incentive) of up to 25% of the new car’s value, with payment options available either in cash or through installment plans spanning 7 or 10 years. The incentive amount varies depending on the type of vehicle (up to 22,000 EGP for passenger cars and 65,000 EGP for microbuses). The initiative aims to curtail fuel usage, reduce emissions, support local industries, and enhance safety standards, while also providing financial security for beneficiaries.
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