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السويس بلدي
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Source: السويس بلدي
2 Daysالسويس بلدي
Source: السويس بلدي
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Egyptian Prime Minister Mostafa Madbouly reviewed a plan to localize the automotive industry and its components, with a focus on electric vehicles. The partnerships include manufacturing seven metal components, with a combined annual output of eight million units, as well as localizing battery, motor and charging-station production. A global company plans to begin producing three electric models in 2027, with a target of 100,000 cars a year by 2032 and an increase in local content from 10% to 27%. Incentives to encourage local manufacturing are also under consideration.
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