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The budget allocated will replace old machines with new technologies that use less electric energy which represents about 40% of the production cost.
19.12.2021 Global Trade Alert
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He celebrated the signing of a MOU with Al-Mansour Group to develop Supply chains, evaluate mobility start-ups, and bring electric vehicles to Egypt.
12.12.2021 Egypt Today
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Egyptian government intends to pay incentives to push forward the localisation of the automotive industry.
05.12.2021 Ahram Online
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Yong-Bae Lee expressed his company’s intention to benefit from promising investment opportunities in Egyptian economy.
28.04.2021 Daily News Egypt
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Global producers such as GM, Ford, and Stellantis have witnessed production cuts due to shortages of semiconductor chips
20.04.2021 Daily News Egypt
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The Railway Improvement and Safety for Egypt project will cost $681.1 million, including $241.1 million contributed by the Egyptian National Railways.
07.03.2021 Ahram Online
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the monthly bulletin of the Automotive Market Information Council (AMIC) said that passenger car sales dropped 10 percent to 41,154 cars.
07.07.2019 Egypt Today
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There have been reports of government plans to revive Nasr Automotive, which specialised in making local versions of Fiat cars before it ceased.
20.03.2019 Zeebiz
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A local company, Darshal, has decided to develop the electric vehicle market in Egypt.It has signed partnerships with Chinese companies.
25.10.2018 Afrik21
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The companies form a part of the global supply chain for the majors like Toyota, Mitsubishi, Nissan and Isuzu.
07.12.2017 Business Standard
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