Automotive industry in Egypt

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Automotive news

$2bln total value of payment orders of beneficiaries of cars for Egyptian abroad initiative

In a statement on Saturday, Gendy said the initiative was launched in response to requests of the Egyptian expatriates to bring cars from abroad.

Auto sales in Egypt record 4.2k vehicles sold in March 2024

Only 4.2k vehicles were sold, marking a decrease of 43 percent compared to the previous month.

Prices of 18 car brands in Egypt drop by up to 23% since currency floatation

This comes after two years of consecutive price increases due to a suspension of imports and a decrease in supply due to foreign currency shortage.

Waja Company to set-up e-car factory in Egypt

Saudi Arabia’s Waja Company in JV to build manufacturing plant, leading new energy transition.

Saudi firm WAJA Co. forms joint venture to produce EVs in Egypt

In October 2023, Egypt was ranked 28th in a global e-mobility index, which reveals the country’s readiness to transition to EVs.

Automotive Events

Autotech 17.11.2024

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