Saturday, May 13, 2023 11:00 AM
The broadcast of “The Seventh Day TV”, a special coverage prepared by Esraa Abdel Qader, and presented by Ahmed Al-Adl, during which he reviewed that the Ministry of Public Business Sector is discussing with an Indian company the possibility of manufacturing electric cars and vehicles through a partnership with Al-Nasr Automotive Company, which was previously qualified to manufacture electric cars and vehicles..
1– Negotiations have begun with Ashok Leyland, one of the Indian “Hinduja” companies, which works in the field of manufacturing electric vehicles of all kinds..
2– Aspects of cooperation and ways of partnership are being discussed to manufacture electric buses and cars of small sizes for transporting passengers that are powered by electricity.
3– The project will be linked to the development and rehabilitation plan of Al-Nasr Company .-
4– The development includes a workshop for prototypes and prototypes, manufacturing machines and equipment for production lines, chassis and chassis stretching departments, and final testing wards..-
5– The company has its own products of buses and microbuses that operate on natural gas, as well as owned assets that help in the targeted partnership for the electric vehicle industry, especially the microbus / city bus and mini / midi bus..
6 The government aims to reach a partnership aimed at transferring and localizing electric vehicle manufacturing technology to the local market .
7– The partnership aims to absorb large numbers of the product, in addition to its distinguished relations and trade agreements with its regional environment that help export vehicles at competitive prices, which is in line with the policy of the Indian partners and the joint direction to establish an integrated industrial center for the production of electric vehicles in Egypt as a gateway for export to Africa..
8- The Hinduja Group is the third largest manufacturer of electric vehicles in the world, and it is present in 50 countries through 10 factories, and its investments amount to 50 billion dollars, and that the company is interested in cooperating and working with Al-Nasr Company in the field of manufacturing electric commercial vehicles, and that there is a possibility to provide the necessary financing One of the Indian banks in the field of investment outside India.