Cairo electric vehicle energy storage company

Is Egypt ready for EV charging?

Private sector players, such as Infinity EV and the National Automotive Company (Natco), plan to increase the number of charging stations from fewer than 100 to several thousand within the next three years as they provide supporting infrastructure necessary for EVs. “Is Egypt ready now? Of course not. But this all needs to happen simultaneously.

How can Egypt store electricity?

Egypt has been looking at a number of ways to store electricity as part of its ambitions to grow renewable energy capacity to cover 42% of the country’s electricity needs by 2030. These include upgrading its power grid and incorporating pumped-storage hydroelectricity stations to help store electricity for future use.

How many EV charging points are there in Cairo?

There are 70 stations with 210 charging points in Greater Cairo, Alexandria, El Alamein, Ismailia, Hurghada and Sharm El Sheikh, and along major highways. Infinity EV is in discussions with the government to help build an EV-charging network with as many as 6,000 charging points in the next three years, Mr Abdel Ghaffar said.

Will Daimler start charging electric cars in Egypt?

Natco, which has been Daimler’s partner for Mercedes-Benz in Egypt for decades, said it would start assembling electric chargers, establishing charging stations and distributing electrical vehicles in its showrooms. The company last month said it plans a bond issuance of 1bn pounds, of which 60 per cent to 65 per cent will be green bonds.

Can batteries solve Egypt's Electricity oversupply problem?

Egypt is exploring the potential of energy storage through batteries to combat our electricity oversupply problem: As Egypt continues to suffer from a major oversupply of electricity, the country is in need of new ways to tackle the issue.