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English news

05-Dec-2018

Electric car charging stations will not be subsidised, Electric Minister says

The Electricity Ministry will not subsidise electricity sold to recharge electric vehicles, Electricity Minister Mohamed Shaker was quoted as saying by Al Borsa. He added that to do so would only inflate the nation’s subsidy bill. The Trade Ministry’s Egyptian Organization for Quality and Standardization (EOS) is due to set the specification standards for the market before year-end as it is expecting more cars to hit the road in the coming period, EOS head Ashraf Afifi said. Electric vehicles may currently be imported to Egypt at 0% customs duties. 

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