On August 21, Toyota Tsusho Corporation signed a memorandum of understanding (MoU) with the Egyptian Ministry of Industry and Transport and the Egyptian Ministry of Investment and Foreign Trade, on collaboration to develop the Egyptian automotive industry through KD business.
It will strengthen cooperation with the E

On August 20, the Minister of Industry and Transport visited El Nasr Automotive Company. He inspected the bus factory, which was restarted at the end of last year. The plant is working on environmentally friendly buses that run on electricity or natural gas (Nasr Green).
At present, the factory produces the 12-meter-

On August 14, GB Corp announced that during the first half of 2025, it has launched three new Genesis EV models after becoming the official distributor of Genesis in Egypt. It also introduced the new Changan SUV CKD model, as well as two new Changan sedan CBU models. It also recently signed an exclusive distributorsh

On August 13, multiple sources reported that the Prime Minister of Egypt announced plans to attract leading global electric car manufacturers to produce at least 100,000 EVs annually. The government is in talks with several companies, offering all requested incentives. Negotiations also cover setting up electric batt

On August 12, the Ministry of Industry and Transport, Egypt, held a meeting with major automotive component manufacturers to localize the industry and achieve industrial networking and integration. The Minister discussed component suppliers’ needs and priorities, which ranged from plastic injection plants used in the

On August 13, the Government of Egypt announced that TEDA Egypt Group and Sailun Group, China, signed a contract to build a factory for the Chinese Sailun Group in the Suez Canal Economic Zone. Sailun Group will invest USD 1 billion in 3 phases. The plant will cater to domestic as well as export markets. It will be i

On August 4, the Ministry of Industry and Transport, Egypt, held a discussion with iron manufacturers and automotive companies for the localization of the automotive sheet metal industry. The ministry announced that it is in the process of formulating an integrated methodology for localizing the automotive sheet meta

On July 29, multiple sources reported that Chery presented five new models in Egypt on July 28. Chery launched Arrizo 5, Arrizo 8, Tiggo 7 Pro Max, Tiggo 8 Pro Max, and Tiggo 9 PHEV.
The models were introduced through GB Auto, the exclusive agent of Chery in Egypt. 
Based on multiple sources 

On July 31, GB Corp announced its appointment as the official Distributor of Deepal in Egypt. Deepal is a leading new energy vehicle (NEV) brand, part of the Changan Automobile Group, and is focused on electric vehicles and range-extended electric vehicles. This representation allows GB Corp to venture into the new e

On July 30, multiple sources reported that SN Automotive, a joint venture of Al Safi Group and El Nasr Automotive, launched 9 vehicles from Dongfeng brands (Dongfeng, Voyah, and M-hero) in Egypt. It has introduced a diverse range of Dongfeng vehicles, including conventional fuel (gasoline), fully electric, hybrid, RE

On July 29, the Prime Minister of Egypt announced that the government is fully prepared to provide "out-of-the-box incentives" to localize the electric car industry. He held a meeting to follow up on the executive procedures for localizing the electric car industry and reviewed efforts to localize the electric car in

On July 26, SOUEAST launched four new models in Egypt, marking a significant expansion in the African market. It has launched luxury SUV S09, C-segment SUV S07, C-segment SUV S06, and compact urban SUV S05, covering almost all segments of the SUV market. 
By 2025, SOUEAST aims to establish 15 sales outlets and 5 afte

On July 23, the Suez Canal Economic Zone (SCZONE) announced that its delegation had travelled to the Chinese province of Zhejiang. They visited a plant of the Lynk & Co factory in Ningbo to localize the automotive industry and to learn about modern technology in car manufacturing.
The delegation also participated in

On July 21, the officials of the Suez Canal Economic Zone (SCZONE) visited the headquarters of BYD in Shenzhen, China, and held a meeting with BYD officials.  They discussed the possibility of BYD establishing a presence in SCZONE as a gateway for the company to access African and Middle Eastern markets. SCZONE empha

On July 15, the Suez Canal Authority announced that it is anticipating a minimum 20% increase in the tonnage of vehicle carriers transiting through the Canal in the second half of 2025 compared to the first half of the same year. The BYD XI'AN, one of the world’s largest vehicle carriers, recently made its first pass

On July 10, the President of Egypt met with the Premier of the State Council of China. The president stressed Egypt's commitment to strengthening cooperation with China in various areas of mutual interest and working to activate the comprehensive strategic partnership between the two countries. He also expressed the

On July 7, the Ministry of Trade and Industry, Egypt, reviewed with auto manufacturers the new amendments to the National Program for the Development of the Auto Industry. The new program amendments aim to provide real incentives for automakers and ensure the program's sustainability, deepening local auto manufacturi

On June 25, the Minister of Investment and Foreign Trade, Egypt participated in a roundtable dedicated to the automotive industry, held in Shanghai, China, with the participation of several Chinese companies.
The minister announced that Egypt’s automotive industry is undergoing a transformation, focusing on expanding

On June 22, GB Auto launched the locally assembled version of the CS55+ in Egypt, marking the first CKD model from Changan to be assembled in the Egyptian market. GB Auto is the exclusive distributor of Changan in Egypt. 
It is 4,515 mm in length, 1,865 mm in width, and 1,680 mm in height. It has a wheelbase of 2,656

On June 23, the Minister of Investment and Foreign Trade, Egypt met with the Chinese Minister of Commerce to discuss ways to strengthen economic and trade relations between the two countries.
The two sides agreed to enhance cooperation in the fields of electric vehicles, feed industries, electronics, water desalinati