Nasr Automotive partners China’s Dongfeng for reconstruction of its factory to produce electric cars

EGYPT – Nasr Automotive Manufacturing Company, of the Ministry of Public Enterprise, has signed two agreements with China’s Dongfeng Motor Corporation to reconstruct its factory to produce the first electric car in Egypt. In a press conference, El Nasr Automotive CEO and Managing Director Hany El Kholy said that the first electric vehicle will be produced in Egypt at the beginning of 2022. El Kholy said that the percentage of local components in Egyptian electric vehicles will reach 58%. He added that El Nasr has contracted with the Chinese company…

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