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بوابة الفجر
Source: بوابة الفجر
19 Hrsبوابة الفجر
Source: بوابة الفجر
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The Egyptian government announced a plan to localize the automotive industry, aiming to begin production of three electric vehicle models in 2027 and reach annual production of 100,000 cars by 2032. However, the plan’s details also cite a different figure of 222,000 cars for the same year. The local-content share will start at 10% and rise to 27% by 2032. The plan also includes producing 8 million metal components annually, localizing battery and motor production, and developing charging stations.
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