The Minister of Petroleum and Mineral Resources, Tarek El Molla, confirmed that the ministry is targeting to convert about 50,000 cars to run on natural gas during fiscal year (FY) 2020/2021 and is currently studying to increase that number in light of the official plan to expand the use of natural gas as fuel for car.

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, along with Egyptian Minister of Trade and Industry, Tarek Kabil, witnessed the signing of the first phase of the “Towards Natural Gas” initiative.

Iran Khodro has signed an agreement with two local universities to produce hybrid and electric cars, with the first models expected to roll down the production line in the next three years.

Iran Khodro Industrial Group said it has planned on maximizing the production of fuel efficient engines and diversifying its fuel portfolio with the purpose of environmental preservation.