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Egypt

Egypt’s Presidential Initiative: A Move to Replace Obsolete Vehicles

2023-07-26 6302
Minister of Finance, Mohamed Maait, revealed that the state’s general treasury has allocated EGP 675 million for a green incentive program supporting the purchase of 27,225 new natural...
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Russia

Driving Revival: Chinese Cars Lead the Resurgence of Russia’s Auto Factories

2023-07-26 6525
China’s Influence on Russia’s Auto Industry: The Resurgence of the Moskvich The relaunch of the classic Soviet-era car, the Moskvich, by a state-owned company last November was hailed...
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Russia

Russian Car Market Makes a Strong Recovery, Surging by 50% — Industry Association Reports

2023-07-26 5823
Russian Car Market Records 50% Recovery, Sales Reach Nearly 440,000 Units MOSCOW, July 19. The Russian car market has shown a significant recovery, growing by 50%, according to...
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Russia

Kyrgyzstan announces strengthened control over Russia’s re-export trade

2023-07-26 6121
Introduction: In recent times, there have been speculations regarding the possibility of products supplied to Russia through certain countries, including Kyrgyzstan, facing sanctions due to Russia’s military actions...
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Uzbekistan

Understanding the Surprising Rise, Not Fall, of New Energy Electric Vehicle Prices in Central Asia

2023-07-25 6414
The prices of new energy electric vehicles (NEEVs) in Central Asian countries have remained notably higher than domestic ones, and this trend may persist until market supply and...
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Uzbekistan

Emerging Trends in Uzbekistan’s Electric Vehicle Import Market

2023-07-25 7402
Uzbekistan has emerged as a frontrunner in Central Asia’s electric vehicle import market. The country’s remarkable growth in brand diversity, competitive pricing, and rising import numbers has set...
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Uzbekistan

China’s Yutong Inaugurates Car Service Center in Uzbekistan

2023-07-25 8098
On July 11, 2023, Yutong Corporation, a prominent Chinese automaker, launched its latest 12-meter bus model, the Yutong ZK6128H, in Samarkand, Uzbekistan. The event also marked the grand...
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Russia

Chinese Automakers Secure 50% Share of Russia’s Auto Market

2023-07-24 6725
Chinese carmakers have significantly increased their presence in the Russian auto market, capitalizing on the departure of Western carmakers following the Ukraine invasion. In June, approximately 40,000 Chinese...
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Russia

Russia to Seize Parallel-Imported Cars and Heighten Vigilance against Counterfeit Used Car Exports

2023-07-24 6488
Recently, the Federal Customs Service of the Russian Federation has launched a special operation to crack down on the illegal trade of vehicles imported from Kyrgyzstan and Armenia...
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United Arab Emirates

BYD, China’s Electric Vehicle Manufacturer, Prepares EV Atto 3 to Compete with Tesla in the UAE

2023-07-23 7090
Dubai: China’s BYD, in partnership with Al-Futtaim, has emerged as the biggest competitor to Tesla in the electric vehicle (EV) market in the UAE. They have recently launched...
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United Arab Emirates

Optimized English title: UAE Cabinet Approves Testing Self-Driving Vehicles on Its Roads

2023-07-23 6255
Abu Dhabi: The UAE has granted the first-ever license for self-driving cars to operate on its roads, following approval at a Cabinet meeting chaired by His Highness Sheikh...
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United Arab Emirates

Driving in the Fast Lane: Six Reasons Chinese Car Brands Thrive in the UAE

2023-07-23 7179
Over the past few years, Chinese car manufacturers have gained significant visibility on UAE’s roads. Glasgow Research & Consulting experts have identified six reasons contributing to the success...
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