Minister of Public Business Sector Hisham Tawfiq said on Monday El Nasr Automotive Manufacuring Company is taking its first steps towards deepening and transferring the industry of A70 electric vehicles as part of a project meant to reduce emissions and limit the use of fossil fuels that have negative impact on Egypt’s citizens.
Egypt is one of the first countries to enter that race, Tawfiq said during his participation via video conferencing in the signing ceremony of a framework agreement between Egypt’s El Nasr automaker and China Dongfeng Motor Industry Import and Export Company; with a view to implementing the electric vehicle project in Egypt.
The minister added that two contracts were signed today with Dongfeng, which produces about 3.5 million A70 electric cars per year.
The first contract aims to produce electric cars in Egypt within the framework of bilateral partnership and cooperation that benefit both sides, while the second one entails rehabilitating one of the factories affiliated to Egypt's holding company for producing electric cars.
Meanwhile, Chinese Ambassador to Egypt Liao Liqiang expressed his thanks and appreciation to the public business sector minister and his ministry for ongoing cooperation between El Nasr and Dongfeng companies, noting that cooperation between China and Egypt has started since the outset of the coronavirus pandemic.