Egyptian Entrepreneur Seeks to Manufacture Electric Car worth US$52mn

Big 5

The founder of RizkAuto Wael Rizk is seeking to collect US$52 million in order to establish production line for electric vehicles for 5-years term.

It is difficult to reach to any successful idea by depending on the entrepreneur only or focusing on the development of the idea, stressing the role which played by exports for the successful of the new idea, Rizk noted.

Rizk added on the sidelines of RiseUp Summit, Rizk added that listening to the various experiences will grant entrepreneur the capacity to develop expertise and ideas that will be needed to launch successful firm.

 

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