Jordan to build 15000 EV factory
Jordan is launching two major investment projects to strengthen the electric vehicle industry and electrical connection systems within the country. The first involves establishing a factory for assembling electric vehicles with an annual production capacity of up to 15,000 vehicles, aiming to meet local, regional, and European markets. It will include assembling the chassis and batteries, as well as conducting quality tests. The second project is a specialized factory for manufacturing electrical connection systems for vehicles, spanning an area of 30,000 square meters, to meet the requirements of the advanced automotive industry. The market for connection systems is expected to grow annually between 17% and 25%. Both projects aim to attract European investments, enhance local added value, and expand exports. There is a gradual expansion plan starting from the local market and extending to European and American markets, with the goal of developing the manufacturing sector and supporting technology and expertise.
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