Kabil inaugurates Egypt’s first electric vehicle charging station
Trade and Industry Minister Tarek Kabil has inaugurated Egypt’s first electric vehicle charging station, Al Mal reports. The station is the first of 65 phase-one charging points to be built by Revolta Egypt in seven governorates including Cairo, Alexandria, and Suez. The company is planning to import electric vehicles and install supporting infrastructure with initial investments of EGP 100 mn, according to CEO Mohamed Badawy. Revolta signed an agreement with Schneider Electric to co-develop the charging stations and necessary infrastructure, according to the newspaper. The Egyptian company plans to begin importing electric automotives from Tesla and Hyundai to become the country’s first electric car supplier.