Automotive News
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Egypt Post launches project to convert mail trucks to electric
Two mail trucks were converted to electric, along with a new electric vehicle, to be used in distribution services.
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Egypt accelerates transport transition with large-scale vehicle conversions
The start-up Shift EV and the e-mobility platform BluEV have been given the green light for their respective conversion projects.
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PM witnesses inking MoU on developing automotive industry in Egypt
The MoU was inked by head of the automotive industry unit Gomaa Mohamed Madany and CEO of the AAAM David Coffey.
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Egypt approves local initiatives to convert vehicles to run on electricity
The platform stated that electric power would cost customers 30 percent less than fuel.
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Egypt’s automotive industry has the potential to become the largest on the continent
This is supported by existing incentives and market dynamics, along with government plans to localize the industry.
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Egypt and Japan's Sumitomo start construction of $100 million car electric-wiring factory
The Minister of Trade and Industry Ahmed Samir laid the foundation stone at Sumitomo Electric Egypt's new vehicle electric-wiring harness factory.
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Egypt’s automotive sales fell by 69% y-o-y in April, passenger car sales down by 70%
The AMIC attributed the downtrend to the continued impact of the foreign currency shortage.
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Transfer delays won't affect duty-free car import eligibility: Egypt’s finance minister
Minister of Finance assured Egyptian expatriates that the delay in their transfer of imported car fees will not make them ineligible for duty free.
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Tender: Supply of auto spare parts
Supply of auto spare parts and ball bearings under two contracts in Cairo, the deadline is on June 21st.
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India’s Ashok Leyland to bring electric cars to Egypt
The share of electric vehicles in the Egyptian car fleet is expected to increase from mid-2023.
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Egypt's duty-free car import initiative brings in nearly 30% of target
Egypt’s initiative enabling citizens outside the country to import cars free of customs duties and taxes has brought in $713 million in transfers.
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Goodyear upbeat about Egypt’s tire market - company official
A young demography and growing demand for premium cars will further boost Africa’s second largest automotive market.
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Toyota Tsusho is exploring establishing a car factory in Egypt
Toyota Tsusho, a Japanese car maker, announced plans to establish two car factories in Africa, with an annual production capacity of 100k cars each.
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Egypt raises fees for triptik vehicles
The Egyptian Customs Authority has increased the fees of imported cars with a temporary release system, known as triptik vehicles.
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Project: Automotive spare parts
Cairo: Supply of tractor spare parts
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Egypt’s passenger car sales drop 76% YoY in March
Nissan topped the best-selling passenger car brands in March with a market share of 33%, accounting for 1,515 cars, AMIC added.
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Egypt converted 50,000 cars to bi-fuel models in first 9 months of FY2022/23
The Egyptian government converted around 50,000 cars to run on gasoline and natural gas between July 2022 and March 2023.
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105k Egyptian expats register for tax-free car import initiative
There are only 19 days left until the end of the initiative and it will not be extended, Maait added on Tuesday.
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Tax-free car import initiative for Egyptian expats receives $500m worth of payments
Maait added that 100,000 Egyptians residing abroad have registered electronically to benefit from this initiative.
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Nigeria-based Autochek acquires majority stake in Egypt’s Autotager
AutoTager is an Egyptian automotive technology company that makes it easier to find and buy cars.