Electric Car
President of the General Syndicate for Engineering, Metallurgical and Electrical Industries, Engineer Khaled Al-Feki, revealed that there are serious steps Egypt is taking to localize the traditional and electric car industry.
Technical inspection will start right away.
This is the company that owns the brands of Peugeot, Citroen and Chrysler among others.
Bitterlich said that Mercedes-Benz views Egypt as a promising market so that it raised the number of its agents in the country.
The station's capacity exceeds 330 kilowatt-hours, and it can accommodate 14 cars at the same time, according to the company's statement.
Prime Minister Mostafa Madbouli checked Monday evening the model of the electric car.
Tawfik revealed that the first phase of the plan to establish electricity charging stations includes about 3,000 stations in three governorates, revealing that a new company will be established to manage these stations in partnership with a sovereign company with a 90 percent share.
The private sector is required to install and operate 3,000 dual charging units within three years.
Tawfik clarified in a TV interview that the price of the electric car will be about LE 350,000.
The consumer's choice will be majorly determined by the price of the vehicle, and the prices of gas and charge.
The car will be produced by El Nasr Automotive Manufacturing Co.
An official made the statement in a meeting with the Energy and Environment Committee at the House of Representatives.
Asar and Local Development Minister Mahmoud Shaarawy met with officials from China's Foton Motor to discuss a venture to jointly manufacture electric buses.
Chinese electric vehicle startup NIO has hired eight banks including Morgan Stanley (MS.N) and Goldman Sachs (GS.N) to work on a planned U.S. stock market listing.
The Norwegian island of Finnoey has the highest density of electric cars in the world.
he Norwegian island of Finnoey has the highest density of electric cars in the world,as they are exempt from the $6,000-a-year toll charges for the tunnel to the mainland.
Tesla Chief Executive Officer Elon Musk said the Model 3 had over half a million advance reservations.
