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Tuesday, 17 March 2020

El Nasr Automotive restarts talks with Dongfeng over EV manufacturing

State-owned El Nasr Automotive has restarted talks with Wuhan-based Dongfeng, the front-runner to become Egypt’s first domestic electric vehicle manufacturer, after negotiations were temporarily halted due to the covid-19 outbreak, Youm7 reports, citing an official at El Nasr. We noted late last year that El Nasr was conducting a feasibility study to manufacture 25k electric cars in partnership with Dongfeng, and had expected at the time to sign an agreement by 2Q2020. It remains unclear how much this timeline has shifted.

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