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File · Egypt: car production at El Nasr's Helwan factory

Egypt announces local MAGE EV production at El Nasr

Egypt announced the launch of local production of the Dongfeng MAGE EV at El Nasr's Helwan factories on 31 October 2026, with SN Automotive and Al Safi Group. Industry Minister Khaled Hashem put local content at up to 45%.

Al-Mal and Arqam describe a launch ceremony attended by the industry and electricity ministers. The 45% share remains an announced figure, with no independent industrial audit provided in those reports.

According to Al-Mal, SN Automotive plans to announce prices in the first quarter of 2027 ahead of market introduction. Launching production therefore does not establish that the car is already available to buy. The minister wants to expand Egyptian component manufacturing, including for electric vehicles; that ambition is not evidence of capacity already achieved.

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