ROX vehicles to enter production in Egypt by Q3 2027
ROX range-extended electric vehicles (REEVs) are expected to enter production in Egypt in the second or third…
Browsing Tag
electric vehicles
ESAF Holding, China’s Rox Motor form Egypt EV venture
Egypt's Ezz El Arab–El Sewedy Industrial Investment (ESAF Holding) and Chinese hybrid cars manufacturer ROX Motor…
Egypt, Volkswagen advance plans for local car manufacturing
Egypt’s Minister of Industry Kamel El-Wazir held a videoconference on Wednesday with Volkswagen Group CEO Thomas…
China invites Egypt to join African duty-free export scheme
Egyptian Prime Minister Moustafa Madbouly met Tuesday with Mu Hong, Vice-Chairman of the National Committee of the…
Canada’s Aton Resources to launch Egypt’s first commercial gold production in 2026
Canada’s Aton Resources Inc. plans to start Egypt’s first commercial gold production in the second half of 2026…
Egypt, S. Korea sign $10m MoU to advance green vehicle maintenance
Egypt’s ministry of planning signed a $10 million agreement with South Korea on Thursday to launch a Green Vehicle…
Egypt denies reports of scrapping Chinese EV charging protocol
Egypt’s Ministry of Industry denied reports on Monday that it had cancelled the “Chinese charging protocol” for…
Egypt to grant TEDA additional area in SCZONE
Egypt is set to grant an additional area to China’s TEDA Holding Company within the Suez Canal Economic Zone, Prime…
Egypt’s PM urges Chinese investment in green industries
Egypt’s Prime Minister Moustafa Madbouly met with senior Communist Party of China (CPC) official Cai Qi on Saturday…
EU new car sales dip, electric sales gain – ACEA
New EU car registrations fell 0.7 per cent year-to-date to July 2025 compared with the same period last year,…
Egypt’s GAFI seeks to strengthen investment ties with Vietnam
Yasser Abbas, Deputy CEO of the General Authority for Investment and Free Zones (GAFI), has met with Vietnamese…
Global electricity demand to surge through 2026 – IEA
Global electricity demand is expected to grow at one of the fastest sustained rates in over a decade, expanding by…
Samsung Electronics wins $16.5b chip deal with Tesla
Samsung Electronics has secured a $16.5 billion contract to supply semiconductors to Tesla, as confirmed by a…
Egypt approves new measures to boost EV sector
Egypt has approved a package of new measures aimed at supporting the expansion of its electric vehicle (EV)…
Musk’s party hint drags down Tesla shares
Tesla shares fell by almost 7 per cent in premarket trading on Monday following CEO Elon Musk's announcement of…
Nissan, Foxconn discuss EV partnership to save Japan plant
Nissan Motor is in talks with Taiwan’s Foxconn over a potential electric vehicle (EV) collaboration that could help…
Egypt highlights investment opportunities to Chinese firms
Egyptian Minister of Investment and Foreign Trade Hassan El-Khatib showcased Egypt’s positive economic…
Egypt, China agree to deepen cooperation in strategic industries
Egypt and China have agreed to enhance cooperation in critical sectors—including electric vehicles, electronics,…
Swedish Polestar to tap French market with premium EV lineup
Swedish premium electric vehicle maker Polestar will begin delivering cars in France this year, aiming to make it…
US–China trade talks resume in London
Trade talks between top US and Chinese officials resumed in London on Tuesday, aiming to resolve tensions over…
China’s CATL expands deal with Maersk terminals
Chinese electric vehicle battery giant (CATL) announced a partnership with Maersk's APM Terminals for the…
EU lists 13 overseas strategic raw material projects
The European Commission adopted its first list of 13 Strategic Projects on critical raw materials outside the EU,…
Hyundai, Kia divest from India’s Ola Electric
Hyundai Motor sold its entire stake in Ola Electric, while fellow South Korean carmaker Kia reduced its holding, in…
Xiaomi reports strong Q1 net profit
Xiaomi reported revenues of RMB111.3 billion in the first quarter, a 47.4 per cent year-on-year increase.
Egypt approves incentive plan to boost auto manufacturing, exports
Egypt's Cabinet has approved a new automotive production incentive programme as part of the country’s National…
Egypt’s PM discusses vehicle localisation plans with Chinese Jetour
Egypt’s Prime Minister Moustafa Madbouly met with the Chinese automaker Jetour Head Dai Lihong to discuss the…
Volkswagen braces for 2nd walkout in cost dispute
Volkswagen AG workers are set to strike again on Monday, marking the second walkout this month as labour and…
German business sentiment in China hits record low in ’24
Business sentiment among German companies in China has reached an all-time low, according to the German Chamber of…
Volkswagen, SAIC decide to sell Xinjiang factory
Volkswagen and Shanghai's SAIC Motor have decided to sell a factory in Xinjiang, China, following criticism over…
China’s emissions increase, add pressure to climate pledges – research
China's carbon dioxide emissions are set to rise slightly in 2024, further straining its ability to meet a key 2025…
ADB invests $25m in India’s 1st climate bond
The Asian Development Bank (ADB) has announced a $25 million investment in a certified climate bond issued by…
Egypt to implement new standards for automotive sales market
Egypt is set to establish and announce clear standards for its automotive sector to enhance market regulation and…
China needs to boost economic reforms – European Chamber
China must refocus on economic growth and reforms while boosting investor confidence by creating a level playing…
China proposes EU talks to resolve EV trade dispute
China has renewed its offer for talks with the European Commission to address ongoing trade tensions and avoid…
China, Norway strengthen green energy cooperation
China has expressed its willingness to enhance "friendly" cooperation with Norway, particularly in areas such as…
China forms Beijing-backed lithium group to develop salt lakes
China Minmetals Corp. is set to take a controlling 53 per cent stake in a new joint venture, China Salt Lake Group,…
China promotes green tech to Africa amid Western curbs
China will push 50 African nations attending the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) in…
Japanese automakers face challenges in key markets
Japanese automakers are grappling with declining sales in crucial markets like China and Thailand.
WTO questions China’s lack of transparency in industrial support
The World Trade Organisation (WTO) stated that it lacked transparency in understanding China's financial support.
China’s BYD signs $894m deal to build EV parts plant
China's BYD has signed a deal to build a new electric vehicle component factory with a total investment of $894.2…