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News
Egypt-Japan Partnership: Advancing Localization of the Automotive Industry
2023-07-22
Egypt
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Local News
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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
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Local News
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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
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Local News
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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
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Local News
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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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Jordan car sales leaderboard: Chinese imports gain prominence in first half of 2023
2023-07-22
Jordan
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Local News
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News
In the first half of 2023, the Jordanian auto market has shown new vitality, attracting the attention of many auto dealers and foreign traders. Chinese imported cars have also gained prominence in the country's market. This article will give an in-depth look at the business situation of local car dealers…
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China Surges Ahead of Japan in Auto Exports
2023-07-21
Trade News
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News
Japanese automakers are at risk of repeating the decline experienced by Detroit's big three automakers (Chrysler, Ford, and General Motors) due to their resistance to electric vehicles (EVs). A significant number of Americans who purchased Teslas switched from Japanese brands, particularly Toyota and Honda. The lack of EV offerings is…
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