CAIRO, 4 May 2021 – Egypt has set itself the ambitious goal of doubling the number of compressed natural gas (CNG) vehicles on its roads to 80,000 by 2024.
Cairo says the goal is to accelerate the replacement of conventional fuel vehicles with more climate change-friendly fleet of vehicles.
Egyptian officials say their initial focus, working with partners in the automobile and technology sectors, is to convert private cars, taxis, and microbuses into natural gas-fired vehicles.
The new ‘E70’ electric car is part of the solution and there is considerable excitement that the car will soon be rolled out as a “Made in Egypt” state-of-the-art automobile.
The state-run El Nasr Automotive Manufacturing Company has formed a partnership with China’s Dong Feng Motor Industry, a Chinese state-run car manufacturer, in the production of close to one hundred thousand of the ‘E70’ between 2022 and 2024.
The initial agreement between the two companies was signed in 2019 – the same year, the Helwan assembly plant of El Nasr Automotive (where the cars will be put together) reopened, after eleven years of shutdown.
El Nasr’s Managing Director, Hani El Khouly, and a representative of Dong Feng committed in October 2020, to start production in 2021.
Egypt’s Minister of Public Sector, Hisham Tawfik, said he expected the partners in the venture to start selling electric cars assembled in Egypt in 2021, starting with the Chinese model of the Nissan Leaf.
The Nissan Leaf would initially be assembled with 45 percent of parts manufactured by El Nasr Automotive Manufacturing Company, rising to 55 percent of components within two years according to the optimistic forecasts by Egyptian officials.
Hisham Tawfik has said he expects the electric cars that will leave the El Nasr Automotive Manufacturing Company plant to cost, on average, a little north of $22,000 or 350,000 Egyptian pounds per unit.
Experts are hailing gas as the ‘amphibian fuel’ to help transition from oil-based vehicles to cars powered by green energy and Egyptian authorities say they would like to put their country in the fast lane to the cars of the future.