Local News - Page 60 of 403 - Auto in China

Driving in the Fast Lane: Six Reasons Chinese Car Brands Thrive in the UAE
2023-07-23 United Arab Emirates / Local News / News
Over the past few years, Chinese car manufacturers have gained significant visibility on UAE's roads. Glasgow Research & Consulting experts have identified six reasons contributing to the success of Chinese brands in the UAE. 1. Competitive pricing: Chinese vehicles offer competitive pricing and excellent value for money. This affordability has…
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2023 Policy in Egypt: Over 42,000 Applications Received for Tax-Free Car Import Initiative Aimed at Expats
2023-07-22 Egypt / Local News / Trade News
Minister of Finance Mohamed Maait revealed that a remarkable 42,000 applications have been submitted for the tax-free car import initiative designed for expats. So far, the initiative has resulted in the issuance of 2,900 car import approvals, each valid for one year from the issuance date. The payment orders issued…
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Egypt-Japan Partnership: Advancing Localization of the Automotive Industry
2023-07-22 Egypt / Local News / News
On May 2nd, the General Authority for Investment and Free Zones (GAFI) announced Egypt's intention to collaborate with Japan in localizing its automotive industry. Emphasizing Japan's pivotal role in achieving sustainable development and knowledge exchange, GAFI CEO Hossam Heiba highlighted the country's commitment to attracting new Japanese investments. To foster…
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Simplified Car Importation for Egyptians Abroad: Exploring the Tax-Free Initiative
2023-07-22 Egypt / Local News / News
[caption id="attachment_4165" align="aligncenter" width="1254"] Simplified Car Importation for Egyptians Abroad[/caption] For years, Egyptians living abroad have faced challenges in importing their vehicles to Egypt, dealing with customs, taxes, and various complications. However, in October 2022, the Egyptian cabinet introduced a game-changing initiative - tax-free car imports, making it easier for…
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2023 Challenges Faced by Electric Car Users in Jordan: Battling with Batteries
2023-07-22 Jordan / Local News / News
Electric car early adopters in oil-poor Jordan are now facing the complex challenge of battery disposal as the demand for electric vehicles (EVs) surges across the region. Jordan has been importing electric cars for eight years, making it the first country in the Middle East to do so. As a…
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Projected Surge: Jordan’s EV Sales Set to Jump 45.9% in 2023, According to Report
2023-07-22 Jordan / Local News / News
Passenger electric vehicle (EV) sales in Jordan are projected to experience robust growth, expanding by 45.9% in 2023 and reaching an estimated annual sales volume of approximately 23,400 units, according to a recent report by Fitch Solutions. The report further forecasts that EV sales in Jordan will maintain a solid…
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