Revolta Egypt aims to build the country’s first electric vehicle (EV) manufacturing factory and maintenance centre in H2 2019, in addition to a 5 megawatt (MW) solar plant in Ain Sokhna, according to Zawya.
The EV factory will be located in 6th of October City and will be set up in collaboration with Ukrainian firm Eco Factory, an engineering company that specialises in manufacturing commercial vehicles as well as storage devices and control systems for EVs.
According to Revolta’s Head of Business Development and Board Member, Ezz El Din Ibrahim, “The factory will be launched by the end of 2019 in a facility that covers more than 10,000 sq m in 6th of October [a city in Giza]. It will manufacture all the charging station accessories needed for EVs.”
Ibrahim also said that Revolta is planning to build a solar power plant saying, “The company seeks to get an EGP 100 million funding from EFG Hermes, the European Bank for Reconstruction and Development and other international financial institutions that are interested in green energy projects.”
“To date, we have established 25 charging points in Shell-authorized retailers and distribution centers, and we plan to reach 50 charging points by 2019-end,” Ibrahim added.