In the context of implementing President Abdel Fattah El-Sisi’s directives to deepen local manufacturing, transfer and localize technology in the field of electric cars of all kinds, according to the latest regulations of the Fourth Industrial Revolution, this came during the signing of a cooperation agreement. Protocol between the Arab Industrialization Company and the Geyushi Automotive Industry.
This protocol comes within the framework of continuous efforts by the two sides, to implement the directives of President Abdel Fattah Al-Sisi to enhance cooperation with companies from the private sector to localize the electric car industry in Egypt, starting with the assembly stages, leading to integrated manufacturing, within the framework of implementing the national strategy for green transformation.
For his part, Mr. Mohey Eldin Geyushi, Chairman of the Board of Directors of the Geyushi Automotive Industry Company, assured the importance of cooperation with the Arab Organization for Industrialization, for our confidence in this national and ever-evolving industrial edifice, which ensures the achievement of our common goals and the localization of the electric bus industry with international standard specifications with increasing local manufacturing rates. Which contributes to making the Egyptian market a center for exporting electric buses to foreign markets.
Mr. Khaled Mohey Eldin Geyushi, Vice President of the company, also stressed that Geyushi Company attaches special importance to the localization of the electric bus industry and its feeding industries, and to work on transferring advanced technology to the largest possible proportion of local components, in cooperation with major international companies.
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