Development of the first Egyptian e-car by NASCO with FEV

His Excellency H.E. Hisham Anwar Tawfiq, Minister of Public Business Sector in Egypt (in the background), Hany El-Kholy, CEO, NASCO (left), and Michael Hog, Group Vice President Vehicle Development, FEV, at the contract signing ceremony at the Egyptian Ministry of Public Economic Sector. Source: NASCO/ FEV Group
Aachen, April 2022 – FEV has signed a development agreement with El Nasr Automotive Manufacturing Company (NASCO) at the Ministry of Public Business Sector in Egypt. Leading global development service provider FEV and Egyptian automobile manufacturer NASCO in Helwan near Cairo are developing the country's first electric vehicle by 2023 with production in Egypt.
The scope of services of the long-term, strategic partnership includes supplier negotiations, the establishment of a local supplier network, and vehicle development for the sedan with a purely battery-electric drive system.
“We are pleased about the partnership with NASCO and the trust placed in us. We see great potential in North Africa for the development of sustainable e-vehicles and are striving to expand local expertise in this area,” said Prof. Stefan Pischinger, CEO of FEV Group. Just last year, FEV and its joint venture partner UTAC announced the construction of Africa's first automotive development and test center in Oued Zem, Morocco. The test center will open in the course of 2022.
“The decision to cooperate was made quickly. FEV is recognized as one of the leading companies in the development of electric vehicles and the setting of global standards,” said Hany El-Kholy, CEO of NASCO.
Michael Hog, Group Vice President for vehicle development at FEV, also emphasized: “In the past six months, we have reached an important milestone on the way to the first Egyptian BEV. We are looking forward to a further successful cooperation.”
In line with the associated claim of developing sustainable and safe mobility for the African continent, the world climate conference COP27 will be held in Egypt in November of this year. Among other things, it defines the emission limit values to be achieved by 2045. Electromobility makes an important contribution to achieving the 1.5 °C target.
关于FEV
FEV不断挑战极限。
FEV是国际公认的跨领域和行业的创新领导者。Franz Pischinger教授将他在学术界和工程的背景与不断进步的伟大愿景相结合,奠定了基础。公司为全球最大的汽车OEM提供解决方案和战略咨询,并在整个交通和出行生态系统中为客户提供支持。
随着世界的不断发展,FEV也在不断发展。
这就是FEV将其技术和战略专业知识投入到其他领域的原因。将前瞻性思维应用于能源领域。软件和系统技术将使公司能够引领潮流,为每个人提供智能解决方案。FEV汇集了来自不同背景和专业最聪明的人,为当前和未来的挑战寻找新的解决方案。
但FEV不会止步于此。
展望未来,FEV将继续挑战极限,推动创新。FEV 在全球 40 多个地点拥有 >###EMPLOYEES## 名高素质员工,设计的解决方案不仅能满足当今的需求,还能满足未来的需求。最终,FEV不断发展,以可持续出行、能源和驱动一切的软件为基础,为合作伙伴,为员工和世界,打造一个更美好,更清洁的未来。
#FeelEVolution
#感受发展,引领未来
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