# 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.

- Type: New facility
- Announced: 2026-11-05
- Where: 6th of October City, Egypt, Egypt
- Value: $150.0M
- Jobs: 10,000
- Starts operating: Q1 2027
- Status: announced
- Capacity: 50,000 vehicles per year
- Products: electric vehicles, EV components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [MAC for Transport Vehicles Manufacturing](https://endata.com/companies/16117.md)

## Sources

- [valuedrivepost.com](https://valuedrivepost.com/blog/mohamed-mansour-150-million-ev-plant-egypt-2027), 2026-11-05: "The $150 million facility will produce 50,000 environmentally friendly vehicles annually starting in 2027."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.