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Egypt Halts Importing Used EVs to Boost Local Assembly

Egypt Halts Importing Used EVs to Boost Local Assembly Published May 18th, 2021 - 06:00 GMT The decision aims to spur the development of a local EV industry in cooperation with major international auto companies. (Shutterstock) Highlights The ministry asserted that imported EVs must be the latest model. Egypt’s Trade Ministry decided to stop importing used electric vehicles (EVs) in a move to boost local EV assembly, according to a recent statement by the ministry. The ministry asserted that imported EVs must be the latest model. Also Read The decision aims to spur the development of a local EV industry in cooperation with major international auto companies.

Egypt signs agreements with China s Dongfeng company to produce electric car

Egypt Signs MoU to Localize Electric Cars Industry

Tuesday, 19 January, 2021 - 11:30 Electric cars being charged on a street (AFP) Cairo- Asharq Al-Awsat Egypt’s Nasr Automotive Manufacturing Company, of the Ministry of Public Enterprise, signed two agreements with China s Dongfeng Motor Corporation to reconstruct its factory to produce the first electric car in Egypt. Egypt’s Public Enterprise Minister Hisham Tawfik and the Chinese Ambassador to Cairo Liao Liqiang attended the online ceremony, which also included top officials from Nasr and Dongfeng. Speaking at the ceremony, Tawfiq stressed that the agreements mark the launch of Nasr towards the project of localizing the electric car industry in Egypt. Earlier, President Abdel Fattah el-Sisi issued directives to relevant authorities on localizing and using national capabilities to manufacture electric vehicles.

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