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Thursday, 5 December 2019

Egypt, China’s Dongfeng to sign EV agreement in January

Public Enterprises Minister Hisham Tawfik will sign an agreement with Chinese auto company Dongfeng to produce electric vehicles with state-owned El Nasr Automotive in January, according to a cabinet statement. The Metallurgical Industries Holding Company will then conduct a feasibility study to assess the investment necessary to upgrade El Nasr’s factory in line with technology used by Dongfeng.

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