Investment Minister backs startup EVRAID to advance local EV technology in Egypt
· Egyptian market news · ARAB
Minister of Investment and Foreign Trade Mohamed Farid met with executives of local startup EVRAID to discuss plans to localize electric vehicle (EV) technology, according to a statement.
The move comes as the government seeks to deepen domestic manufacturing and expand high-value exports.
The meeting focused on EVRAID's plans to localize electric powertrain technology, battery…
Source: zawya.com — read the original story