Bringing cutting-edge EVs to the Egyptian market
Raya Advanced Manufacturing, known as Raya Auto, has played a pivotal role in Raya Holding's diversified portfolio since 2018. This ISO-certified Egyptian company, with a substantial investment of EGP 420 million, specializes in the electric mobility industry. Raya Auto assembles and operates international modern vehicle brands, introducing them to Egypt's market. The acquisition of a 10,000 sqm factory, assembling four-, three-, and two-wheel light transport vehicles, has positioned Raya Auto as a key player within Raya Holding. Beyond contributing to revenue diversification, the company is committed to providing environmentally friendly products to Egyptian consumers, aligning with global sustainability goals.
In 2023, Raya Auto solidified its position as a market leader in the electric vehicle industry, boasting five years of continuous growth. Looking ahead, Raya Auto is set for transformative growth. Strategic partnerships, such as the collaboration with XPENG and SGMW, leading electric passenger car brands, and investments in lithium battery assembly signify our commitment to innovation.
The partnership between Raya Holding and XPENG Motors marks a significant step towards advancing sustainable transportation in Egypt. Together, they plan to introduce electric vehicles and build charging infrastructure, facilitating the adoption of cleaner transportation options. Now with two mega showrooms showcasing the P7 and G9 vehicles in Zayed and New Cairo, this collaboration opens new growth opportunities for Raya Holding and expands XPENG’s global presence, all while contributing to the reduction of carbon emissions in the region.
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