The General Authority for the Suez Canal Economic Zone (SCZone), the Sovereign Fund of Egypt (TSFE), the East Port Said Development Company, and Volkswagen Africa have inked an agreement to conduct a feasibility study for automotive manufacturing in East Port Said, as per a statement.
British-Moroccan EV startup Atlas EV Company Ltd and subsidiary company of the Technology Group, Atlas E-Mobility Group Ltd, will manufacture its own all-electric SUV in Morocco.
China's Gotion High Techwill build Morocco's first EV battery gigafactory for a total cost of 12.8 billion (€1.21 billion/$1.29 billion), the Moroccan government said on June 6.
On 9th May 2024, the President of the United Republic of Tanzania, H.E. Samia Suluhu Hassan, inaugurated the Howo truck assembly plant of Saturn Corporation Limited in the Kigamboni district in Dar es Salaam.
Volkswagen opens new tab plans to invest 4 billion rand ($210.67 million) in its South African manufacturing plant in the Eastern Cape in preparation to manufacture a new SUV from 2027