Egypt’s government revealed that the first domestic electric car will be produced by 2023.
During the third panel of the World Youth Forum (WYF), the Minister of the public business sector Hisham Tawfik revealed the Egyptian electric car will be called either the E70 or the A70 and will sell for around $20,000, with half the buyers likely to be Taxi or Uber drivers.
Tawfik noted that the vehicle will cost the consumer much less than the international one.
Also in this regard, he mentioned that his ministry is in contact with three companies in its quest to obtain a partner for the El-Nasr Automotive Manufacturing Co. in the project, in which $127 million will be invested.
This project comes in line with the country’s strategy to support and fund the state-owned El-Nasr Automotive Manufacturing Company, which is planned to produce also EVs in partnership with China’s Dongfeng Motor Industry Import and Export Company.
According to domestic reports, transportation counts for more than 23% of Egypt’s carbon dioxide emissions. It is also true that 88 % of all trips in Egypt are made by car. It makes sense, therefore, that if more Egyptians buy new electric cars and convert their cars to natural gas instead of gasoline fuel, there will be much less pollution and better air quality.
This would help all of us, especially those with respiratory illnesses, to breathe more easily. Moreover, with fewer gasoline vehicles on the road, the incidence of gridlock would decrease and overall traffic would flow more smoothly.