Egypt signs contract to establish EGP 2bn electric battery plant with CATL

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Egypt signed a contract witnessed by Prime Minister Mostafa Madbouly to establish a EGP 2 billion electric battery manufacturing plant through a partnership between Egyptian BME and China’s CATL.

Egyptian Prime Minister Mostafa Madbouly witnessed the signing of a contract to establish an electric battery manufacturing plant in Egypt through a partnership between Egyptian battery manufacturer BME and China’s Contemporary Amperex Technology Co. Limited (CATL), one of the world’s largest electric battery manufacturers. The agreement was signed by Maged Wahib, chairman of BME, and […] The post Egypt signs contract to establish EGP 2bn electric battery plant with CATL first appeared on Dailynewsegypt.