The initiative aims to boost local car production substantially and attract international investment into Egypt’s automotive sector.
06.03.2025
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News by
Ahram Online
Car prices are subject to supply and demand, and in some cars the value of the added increase ranges between LE10,000-30,000.
05.03.2025
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News by
Egypt Independent
The Zeekr 001, Zeekr's first model, was initially launched in April 2021 and currently has a starting price of RMB 259,000 ($35,510) in China.
27.02.2025
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News by
cnevpost
The Egyptian automotive market is undergoing significant transformations due to new legislative and procedural amendments.
19.02.2025
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News by
Ahram Online
The plant will be developed in partnership with an unnamed Chinese company, with half of the project cost self-financed and bank loans.
05.02.2025
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News by
Enterprise
The new assembly line at Giza will focus on assembling popular TVS Motor models such as the TVS Apache RTR Series, TVS HLX Series, and TVS XL 100.
28.01.2025
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News by
The hindu business line
This milestone underscores the Egyptian government's broader strategy to localize the automotive industry, and attract foreign investment.
Papers by
Egypt Business Directory
Despite fluctuations in imports, the growth in domestic sales highlights the resilience of Egypt’s automotive market amid economic challenges.
05.01.2025
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News by
Egypt Today
The land contract was signed by Sayed Metwally, Chairman of the Public Authority for Land and Dry Ports, and Arora.
01.01.2025
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News by
Egyptian Gazette
The new model will feature a local component ratio exceeding 54%, supporting the company’s goal to enhance domestic production.
05.12.2024
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News by
Egypt Today
El-Khatib reaffirmed Egypt’s commitment to advancing the automotive industry and its supporting sectors as key pillars of the national economy.
28.11.2024
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News by
Egypt Today
EFG Corp-Solutions acted as one of the lenders of the transaction, alongside EFG Holding’s commercial bank Bank NXT, EG Bank, and others.
26.11.2024
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News by
Enterprise
