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Samir meets first local EV conversion startup
18 September 2022  -  Organization :  -  Sector/Entity :  -  Category : Industry News

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The meeting has discussed the company’s prototype electric battery and other activities in the field.

Cairo- Sep 18, 2022

Minister of Trade and Industry Ahmed Samir has met with a delegation from Shift EV, the first local company for electric car conversion in Egypt and MENA, to discuss its prototype electric battery and other activities in the field.

“The ministry is keen on embracing high technologies in manufacturing, especially in carmaking, to meet the needs of local consumers and keep up with the global shift to eco-friendly vehicles,” Samir noted, pointing to Egypt’s hosting of COP27 in Sharm el-Sheikh next November.

The minister stressed commitment to offer all support to the $9-million Shift EV factory in its trial operation. He also stressed that the company should boost local components in the industry.

Ali al-Tayeb, managing director and one of the founders of the startup, said that a fleet of gasoline and diesel-powered passenger cars and trucks have already been converted to electric operation. He added that the factory will soon be officially opened.

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