Egypt launches production line of Chinese-made Exeed cars

Minister of Industry and Transport Kamel El-Wazir and CEO of EGA Yasser Saleh attended the production line's launch.

During the launch, El-Wazir emphasized that the introduction of the Exeed vehicle aligns with President Abdel-Fattah El-Sisi’s directives to transform Egypt into a leading industrial hub, particularly in the automotive industry.

He also highlighted the ongoing collaboration with local manufacturers to increase the local content in Egyptian-made vehicles, noting that the local components used in domestic cars have been steadily increasing each year.

Furthermore, the minister pointed out that the Egyptian market now offers a wide range of locally produced vehicles, including models from Nissan, General Motors, and the state-owned Nasr Automotive Company (NASR), with local content in some cars exceeding 50 percent.