Egypt’s new automotive bill gets approved by the House: Egypt’s House of Representatives approved yesterday a bill that sets up a Supreme Council for Vehicle Manufacturing that will set policies for the automotive sector in general, including “green” vehicles. The bill also sets out the framework for a fund that will offer incentives for local assembly of these vehicles.

What does “green vehicles” mean? In addition to EVs, the incentives would also cover hybrid vehicles, natural gas-powered cars, and any vehicle that produces lower emissions than conventional gasoline-powered vehicles. This fits neatly into the country’s two-year-old mandate to encourage car owners to convert their gasoline-powered engines into dual-fuel ones, to also run on natural gas.

NEXT STEPS- The bill awaits ratification by Egypt’s President Abdel Fattah El Sisi, but will only come into effect once its executive regulations are published.

Need a refresher on what the bill entails? We explored the details of the legislation here.