Public Management

Egypt teams up with China on electric buses construction project, starting November 2020

Egypt teams up with China on electric buses construction project, starting November 2020
Wednesday, 26 February 2020 13:37

Egypt will start manufacturing electric buses in its military production plants by November this year. According to the Minister of Military Production, Mohamed al-Assar, the project is a collaboration between the Egyptian International Marathon United Technologies and the Chinese Foton Motor.

A total of 2,000 vehicles will be produced over 4 years, at a rate of 500 a year. The official said his ministry has set up a company for battery charging stations.
In December 2019, Le Caire launched a test run for the governorate's first electric public transport bus at a ceremony in Abdeen Square in the downtown. Called “City Bus,” the bus is air-conditioned and adapted for the elderly and people with reduced mobility. It is designed to travel 200 km on a 30-minute charge.

Let’s note that an agreement was also concluded in September 2019 between the national agency for military production and the Chinese group Zhejiang Geely Holding for the manufacture of electric cars.

Romuald Ngueyap

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
IFC may grant up to $20 million to CBI Ghana for a low-carbon cement plant in Tema. The $66.7 million project includes global investors...
Banque Agricole du Sénégal is raising CFA80 billion ($142 million) through a securitized bond. The offer includes a 7-year tranche A at 8% and...
• Access Holdings appoints Innocent Ike as new CEO, Aug 29• Appointment follows Herbert Wigwe’s 2024 death, Agbede’s interim tenure• Ike to drive global...
• Kenya’s Poa Internet secures $4M from Finland’s Finnfund• Funding to expand broadband in low-income, rural areas• Nokia supports infrastructure...
Most Read
01

Botswana signs $12 billion investment agreement with Qatar’s Al Mansour Holdings Deal spans ...

Botswana secures $12bn Qatari support for development projects
02

It’s a common scene in any Lomé (Togo) market, but it’s telling. A customer hands a 10,000 CFA franc...

The Change Shortage: A Crisis Hidden by the CFA Franc’s Stability
03

Africa surpasses 70 GW renewables, remains import-dependent. China dominates solar, batteries...

Africa’s Renewable Energy Boom: A Green Revolution Built on Imports
04

Zambia and Qatar’s Al Mansour Holdings signed a $19 billion partnership in Lusaka. The...

Zambia signs $1bn deal with Qatar, one of its largest
05

Egypt’s handset market is projected to leap from $2.5 billion in 2025 to $4.8 billion by...

Egypt’s $2.5B-to-$4.8B Smartphone Surge Set to Reshape Africa’s Tech Map by 2031
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.