Egypt boosts localization of electric vehicle industry

Egypt has been endeavoring to localize the electric vehicle industry as part of the Middle Eastern country's efforts to reduce dependence on fossil fuels, transit toward a green economy, and keep pace with global progress in the automobile industry, according to analysts.

Egyptian President Abdel-Fattah Al-Sisi recently held several meetings with officials, businessmen, and companies to follow the latest progress of localizing the electric car industry in Egypt.

Sisi had seen some models of made-in-Egypt electric cars, according to the presidency statement.

"Achieving local production of electric vehicles is part of the country's national transition strategy toward a green economy, given its positive impacts on the country and the people on the economic, health, and environmental levels," the statement said.

Ayman Mohamed, the founder of Electrified, an online platform to promote electric cars in Egypt, sees that electric vehicles "will generate economic, technological, developmental and environmental benefits for Egypt."