Natural Gas or Electric Cars: What to Go For

  • Date: 11-Sep-2020
  • Source: Egypt Today
  • Sector:Oil & Gas
  • Country:Egypt
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Natural Gas or Electric Cars: What to Go For

CAIRO - 11 September 2020: In May, Egypt's daily production of gas rose to 7.2 billion cubic meters, which has prompted President Abdel Fatah al-Sisi to urge licensing only natural-gas-powered cars. Simultaneously, Egypt seeks to manufacture electric vehicles locally, and introduce charging stations. The consumer's choice will be majorly determined by the price of the vehicle, and the prices of gas and charge.

 

Electric Vehicles

 

In June, Minister of Public Enterprise Hisham Tawfik stated that the consumer price of the electric passenger car produced by El Nasr Automotive Manufacturing Co. will be LE300,000.

 

It is noted there are around 10 brands in Egypt offering "used" electric vehicles at higher prices. Some of those