Egypt is considering launching the first initiative to replace cars running on traditional fuel during the year 2027. The proposed initiative is called "supporting the distribution of electric cars", in order to support the transition to green transportation 3 companies: Al-Mansour Automotive, Nissan and General Motors requested to join the "supporting the distribution of electric cars" initiative. Egypt is considering exempting requirements for the production of electric cars from the customs duty. The current duty is 5% on batteries and 2% on engines. The government aims to position the electric vehicle industry. Details: