Sha7en to operate + manage Revolta Egypt charging stations
MB Engineering EV charging subsidiary Sha7en has signed an agreement to manage and operate 30 EV charging stations owned by Revolta Egypt, MB Engineering announced in an EGX disclosure (pdf) yesterday. The stations could generate up to EGP 18 mn in revenues per year, and are located across Greater Cairo, Alexandria, Fayoum, the Red Sea, Sharqia, Qalyubia, and Port Said.
Revolta Egypt stopped doing business in Egypt a few years ago, leaving its 65 charging stations up for grabs.
The stations will be connected to Sha7en’s larger network of charging points across Egypt, and will be up and running before the end of the month, according to the disclosure.
About Sha7en: The EV outfit launched its first charging station in January, and is planning to set up 100 charging points across five governorates by the end of the year, Zawya recently reported.
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