Automotive News
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TVS Motor’s two-wheelers to be assembled locally in Egypt by Ezz LCV
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.
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Chinese automaker Geely begins production of 2 models in Egypt
The plant is expected to achieve an annual production capacity of around 30,000 units within the next three years.
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Egypt takes the first step toward a becoming a regional auto powerhouse
This milestone underscores the Egyptian government's broader strategy to localize the automotive industry, and attract foreign investment.
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Chinese Geely inaugurates first car manufacturing plant in Africa, MENA in Egypt
The factory will produce the Emgrand 2025 sedan and the Coolray 2025 SUV.
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Egyptian automotive market records 11.6% increase during 1st months of 2024
Despite fluctuations in imports, the growth in domestic sales highlights the resilience of Egypt’s automotive market amid economic challenges.
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Auto factory to be established in New October with investments of $135m
The land contract was signed by Sayed Metwally, Chairman of the Public Authority for Land and Dry Ports, and Arora.
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Supply of Minibuses
Asswan: Supply of 22 air-conditioned minibuses
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Mansour Group Unveils the All-New MG7
The launch of the MG7 is a transformative moment for Mansour Group as we redefine what it means to drive in Egypt.
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Nissan Egypt to invest $45M to expand local production, increase exports
The new model will feature a local component ratio exceeding 54%, supporting the company’s goal to enhance domestic production.
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Al Mansour Automotive and China’s SAIC to build MG assembly plant
Al Mansour secured the rights to be MG’s exclusive distributor back in 2018.
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Egypt reinforces automotive industry localization with $50M Coficab investment
El-Khatib reaffirmed Egypt’s commitment to advancing the automotive industry and its supporting sectors as key pillars of the national economy.
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Egyptian auto market startup Sylndr secures EGP 370 mn
EFG Corp-Solutions acted as one of the lenders of the transaction, alongside EFG Holding’s commercial bank Bank NXT, EG Bank, and others.
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Egypt launches production line of Chinese-made Exeed cars
Egypt launched the production line of the Chinese-made Exeed cars on Sunday at the Egyptian-German Automotive's (EGA) factory in the Sixth of October.
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NASR, Al Safy Group sign EGP 500 mln deal to manufacture cars locally
This partnership will contribute to the country’s long-term economic growth and industrial development by meeting domestic market demand and expanding
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El-Nasr manufactures its 1st electric bus
This cooperation comes within the framework of environmental protection, and the plan to develop new clean energy buses.
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Egypt seeks revitalising auto industry
PM Madbouli spoke at a ceremony to return of production lines at the state-owned El-Nasr Automotive Manufacturing Company (NASR) after 15-years.
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Supply of excavators
Cairo: Supply of 15 excavator hopper dredgers. Also, rehabilitation and renovation of 9 river/inland barges under two contracts
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BRICS agreements to have major impact on car prices in Egypt
Saad further expected that the "BRICS" agreement to have a major impact on car prices, advising people to postpone their decision to buy a new car.
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Egyptian Alkan, Chinese BAIC ink deal to establish EVs plant in Egypt
he factory will be constructed on a site spanning 120,000 square metres, with production slated to commence by the end of 2025.
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Tender for Automotives
Cairo: Supply of 5 mobile clinics