Automotive News
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Egypt’s Raya Auto to locally assemble China’s XPeng EVs within 3 years
Raya Auto will bring XPeng’s P7i, G6, and G9 models to the market during the first half of the year — importing and distributing the cars.
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JV plans USD 100 mn investment to localize the production of Geely cars in Egypt
Auto Mobility will localize the assembly of Geely cars in Egypt,developing points of sales, and exporting to African and Middle Eastern markets.
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Egypt's zero-customs car import initiative sees demand surge
Egypt's zero-customs car import initiative has seen an influx in demand in the first two months of its second phase.
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Egypt’s FriendyM raises $2 million investment
According to the car data that the user registers through the application, "FriendyM" sends notifications to remind you of the car’s maintenance.
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WTC partners with Ghandour Auto to enable online booking, import of cars
Walid El Ghandour mentioned that Egyptians abroad can use this service to buy their cars and send them to Egypt with simple steps.
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Egypt’s Leap into the Future of Sustainable Transportation
Electric vehicles are no longer a distant dream for Egypt, as the nation gears up to launch its first electric car, the Nasr e70.
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Project: Automotive spare parts
Cairo: Supply of automotive spare parts under two contracts
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Egypt’s Mtor nabs $2.8M pre-seed for its online auto parts marketplace
Other investors that participated in the round include Dutch Founders Fund, Aditum Ventures, LoftyInc Capital and other local and global investors.
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KG Mobility unveils Torres in Egypt
The company held a launching event of its mid-sized SUV in Cairo, aiming to expand the African market.
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Global Auto Group sign binding framework agreement to assemble cars in Egypt
Global Auto Group (GAG), the agent and importer for BMW and Mini in Egypt, has signed a binding framework agreement with the Madbouly government.
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MSMEDA invests LE 470M to convert cars to natural gas over 3 years
MSMEDA contributed to converting 59,000 cars, which represented about 40 percent of the cars converted in Egypt.
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Egypt has strong potential in automotive software, IC design industry: ITIDA CEO
Vehiclevo’s is one of the leading tier 1 suppliers of software and automotive technology serving the world's largest automotive manufacturers.
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10 game-changers in Egypt's automotive industry
Strategic partnerships, investments, and a focus on eco-friendly technologies are placing Egypt at the forefront of Africa's automotive market.
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Egypt, Volkswagen sign agreement to study building automotive zone in Port Said
Egyptian state entities signed an agreement with German automobile manufacturer Volkswagen to conduct a feasibility study for East PortSaid Zone.
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High interest rates impact car purchases in Egypt: Dr Greiche CEO
Greiche urged to encourage distribution after seeing the market to support suppliers for long-term success.
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Egypt signs four agreements for local car assembly
Egyptian government and auto manufacturing entities signed framework agreements with three local companies to cooperate in domestic car assembly.
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Government support crucial for global reach in automotive industry: AAAM Vice President
African Automotive Forum kicked off earlier on Saturday at the third edition of the Intra-African Trade Fair, IATF2023.
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All you need to know about Egypt’s first electric car
A member of the Chamber of Commerce’s Car Import Division al-Abdul Salam Nusair explained that production of first electric car by Al-Nasr Automotive.
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Egypt to sign 4 agreements for auto manufacturing
Egypt's Supreme Council for Vehicle Manufacturing is set to sign four partnership agreements with various companies.
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100,000 Egyptian expats register for zero-customs car import initiative: Maait
Egyptians living abroad or their families can conveniently apply for the zero-customs initiative through Android and IOS platforms.