Mohamed Mansour plans $150M EV plant in 6th of October City, Egypt

Egyptian billionaire Mohamed Mansour plans a $150 million electric vehicle factory in 6th of October City, Egypt, with an initial capacity of 50,000 eco-friendly vehicles per year. The plant is scheduled to open in early 2027 and is expected to create 6,000-10,000 jobs.

“The $150 million facility will produce 50,000 environmentally friendly vehicles annually starting in 2027.”valuedrivepost.com

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• valuedrivepost.comMohamed Mansour's $150M EV Plant in Egypt 2027Byline ValueDrive Post Editor EditorNov 5, 2026

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