The Egyptian government signed on Tuesday contracts in the New Administrative Capital (NAC) in order to launch …
electric vehicle
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Toyota Motor is expecting a 10 percent increase in its operating profit this year, as well as …
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Industry & TradeInternational NewsNews
Samsung, GM to invest $3bln in EV battery factory
by Norhan Adelby Norhan AdelSamsung and General Motors (GM) announced on Tuesday that they plan to invest about $3 billion in …
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International NewsNewsTech newsTech/AI
Ford Motor to lose $3bln from EV sales this year
by Nada Aliby Nada AliFord Motor said it will lose $3 billion on its sales of electric vehicles (EV) to consumers …
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FeatureIndustry & TradeInternational NewsTech/AI
Europe’s new vehicles sales rise 12% in February
by Sama Mousaby Sama MousaEurope’s auto sales increased by 12 percent last month for a seventh straight month, aided by strong …
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Mercedes is set to invest billions of dollars on Electric Vehicles plants in China, Germany, and Hungary …
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Industry & TradeInternational NewsMoneyTech newsTech/AI
Tesla to open office in Malaysia
by Sama Mousaby Sama MousaElectric vehicle maker Tesla Inc. announced on Wednesday it would open an office in Malaysia and will …
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Egypt NewsFeatureNews
IDSC launches online platform to highlight Egypt’s climate efforts – COP27
by Nada Aliby Nada AliEgyptian Cabinet’s Information and Decision Support Center (IDSC) has launched on Sunday an online platform entitled Green …
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Africa NewsFeatureIndustry & TradeMoneyNewsTech/AI
El Sewedy Electric plans to invest $1.5bn in Africa before 2022-end
by Nada Aliby Nada AliEl Sewedy Electric might invest about $1.5 billion through three renewable energy projects in Africa before the …
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FeatureIndustry & TradeTech/AI
Egypt’s Sisi instructs government to boost electric vehicle manufacturing
Egypt’s President Abdel-Fattah El-Sisi directed the government to pay more attention to the electric vehicle industry.