News Egypt signs contracts to launch 1st locally manufactured EV by 2024 Nada Ali Aug 9, 2023 0 The Egyptian government signed on Tuesday contracts in the New Administrative Capital (NAC) in order to launch…
Money Toyota eyes 10% profit, EV sale increase Yassmine Elbehnaihy May 10, 2023 0 Toyota Motor is expecting a 10 percent increase in its operating profit this year, as well as a five-fold increase…
Industry & Trade Samsung, GM to invest $3bln in EV battery factory Norhan Adel Apr 26, 2023 0 Samsung and General Motors (GM) announced on Tuesday that they plan to invest about $3 billion in an electric…
International News Ford Motor to lose $3bln from EV sales this year Nada Ali Mar 26, 2023 0 Ford Motor said it will lose $3 billion on its sales of electric vehicles (EV) to consumers this year, but it still…
Tech news Europe’s new vehicles sales rise 12% in February Sama Mousa Mar 21, 2023 0 Europe's auto sales increased by 12 percent last month for a seventh straight month, aided by strong growth in the…
Money Mercedes to invest billions in EV Plants Sama Mousa Mar 19, 2023 0 Mercedes is set to invest billions of dollars on Electric Vehicles plants in China, Germany, and Hungary in the…
Money Tesla to open office in Malaysia Sama Mousa Mar 1, 2023 0 Electric vehicle maker Tesla Inc. announced on Wednesday it would open an office in Malaysia and will establish a…
Egypt News IDSC launches online platform to highlight Egypt’s climate efforts – COP27 Nada Ali Nov 6, 2022 0 Egyptian Cabinet’s Information and Decision Support Center (IDSC) has launched on Sunday an online platform…
Africa News El Sewedy Electric plans to invest $1.5bn in Africa before 2022-end Nada Ali Jun 6, 2022 0 El Sewedy Electric might invest about $1.5 billion through three renewable energy projects in Africa before the end…
Feature Egypt’s Sisi instructs government to boost electric vehicle manufacturing Amwal Al Ghad English Feb 3, 2020 0 Egypt's President Abdel-Fattah El-Sisi directed the government to pay more attention to the electric vehicle…