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بوابة أخبار اليوم
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Omar Belba: Chinese Cars Gain 60% in Egypt
The share of Chinese cars in the Egyptian market has risen to approximately 60%, despite fluctuations in the dollar exchange rate and increased shipping costs, which affected the automotive market during 2026. Additionally, the phenomenon of "overpricing" has gradually diminished as consumer awareness has grown. Meanwhile, electric vehicles continue to progress slowly due to limited infrastructure. Expanding local manufacturing and assembly is considered one of the main solutions to control prices and reduce the gap between supply and demand.
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