Cairo – October 24, 2023: Egypt was ranked 28th in a global e-mobility index regarding how prepared the country is to transition to electric vehicles (EVs), and was categorized as a starter market after scoring 32 points out of 100. Contact online >>
Cairo – October 24, 2023: Egypt was ranked 28th in a global e-mobility index regarding how prepared the country is to transition to electric vehicles (EVs), and was categorized as a starter market after scoring 32 points out of 100.
“Despite the relatively low presence of EVs, the [Egyptian] government has been expressing strong ambitions to push for the promotion of EVs. A key reason for this ambition is the government’s commitment to achieving its sustainable development goals, which are elaborated in Egypt Vision 2030,” explained the report.
According to the report, a starter market is one with a strong potential for new start-up-style entrants and early infrastructure development in a “blue ocean environment.” It also noted that many of these markets would have some progress in establishing local EV manufacturers and an EV ecosystem.
The report highlighted Egypt’s accelerated developments and initiatives towards enhancing its e-mobility ecosystem, with the country ranking the highest in its government regulation category.
The report underscored the government’s ban on traditional petrol and diesel cars by 2040, noting that it represents a positive outlook for the e-mobility market. The ban is within the country’s Vision 2030 strategy which targets a 10 percent reduction of greenhouse emissions from the energy sector, including oil and gas, by 2030.
A new regulatory authority responsible for setting up a new policy for the local automotive industry was established in July. The Supreme Council for Vehicle Manufacturing was created as part of the government’s efforts to improve local production.
In October, Mohamed Maait, Egypt’s Minister of Finance, specified that the government would bear 35 percent of costs for EV production per vehicle to support local manufacturers. Egypt aims to increase its green investments to 50 percent of the country’s total investments by FY2024/2025, he added.
A delegation from the Engineers Syndicate participated in the inauguration ceremony and launch of electric cars in Egypt and presented ten pieces of information regarding the new car type.
The delegation stated that electric vehicles are environmentally-friendly, their batteries are upgradeable, therefore lowering the cost, and they reduce toxic emissions, compared to petrol and diesel cars. The electric vehicle also reduces fuel consumption by 75%, compared to diesel and petrol, so the cost of driving 10km in an electric car equates to only one pound.
The delegation also announced the inauguration of 28 training centres for electric vehicle maintenance, saving on annual car maintenance costs, and that the number of electric cars in the world will reach 10 million by 2025. By then, they will have reduced charging time of its batteries.
Assistant treasurer of the Engineer Syndicate, Eng. Ahmed Hashish, stated that the electric car industry has a promising future in Egypt, especially as it is an environmentally-friendly industry, adding, "this type of car will become the most used in Egypt upon the development of the electric car battery industry and reduction of charging time and cost of manufacture".
Eng. Hashish, on behalf of the head of the Engineers Syndicate Hani Dahi, also stated that the Syndicate supports advanced technology that is beneficial to the Egyptian community, and reflected on how electric vehicle manufacture in Egypt started with a dream.
Head of the Industry Committee at the Engineers Syndicate, Eng. Gamal Askar, announced that the Dolibat Misr company, which manufacture the electric car, will begin to activate cooperation protocols with the Engineers Syndicate. The 28 training centres will be up and running at all Engineers Syndicate headquarters across various Egyptian governorates, to train engineers in the field of electric cars.
Eng. Askar emphasised that electric cars represent a clean and safe future for motoring, noting that the number of electric vehicles in the world reached 5.1 million in 2018, adding that this number will jump to 10 million by 2025, and continue to rise to 28 million over the years following, "which means the whole world is turning to electric cars" as Eng. Askar put it. Askar also explained how England plans to abolish all use of petrol and gasoline-dependant cars by 2030, in order to completely eliminate toxic emissions and preserve the health of its citizens.
Gasoline and diesel cars pose a great threat to the environment and represent a serious danger to personal health. This is certainly one step closer to tackling the world''s deteriorating environment. Electric cars are the future, and if humans take the responsibility to go green, Egypt will certainly be looking forward to bluer skies and cleaner air in the near future.
This report examines the current situation in Cairo and assess the future consequences with and without e-mobility. Many insightful figures have been presented on emissions, economic costs, fuel usages, and total cost of ownership for electric vehicles...
In Egypt, more than 100,000 internal combustion vehicles are to be converted to electric drives. As a local media news site has reported, the country’s Supreme Council for Vehicle Construction has approved initiatives by two national electric mobility companies.
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