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Sunday, 1 April 2018

Egypt is going to have electric cars soon

Egypt is going to have electric cars soon: The first batch of Tesla electric cars are expected to hit Egypt’s market by mid-April, Revolta Egypt CEO Mohamed Badawy said, Al Mal reports. The shipment has reportedly been stalled at customs, according to Badawy. Revolta is importing the Tesla cars as part of its plan to become Egypt’s first electric car dealer. The company is also building 65 electric vehicle stations in seven governorates with investments of EGP 65 mn.

Meanwhile, Trade and Industry Minister Tarek Kabil issued a decision yesterday allowing imports of used electric cars, provided they are less than three years old, according to a ministry statement. The move is meant to encourage the use of environmentally-friendly modes of transport and reduce demand on fossil fuels.

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