Volvo to expand in Egypt through fully electric vehicles

3 months ago 3209
By Arab Finance Published: January 30, 2022 2:52 PM

Ezz Elarab Automotive Group, the sole importer, and exclusive distributor of Volvo cars in Egypt has recently announced the launch of the latest showroom for the Swedish brand in One Katameya, East Cairo.

Gerhard Kreindl, Head of Retail and Business Development for Volvo Cars in Europe, Middle East and Africa revealed that Volvo Cars is interested to expand in Egypt by installing fully electric vehicles in the country as soon as possible, noting that there are plans to execute this.

“Volvo is also is planning to introduce electric vehicles in the Saudi market, especially the Saudi government is very interested in the project and offer well-established infrastructure,” Kreindl said.

In addition, the brand also aims to display the latest models and innovative solutions that are added to their vehicles.

“The launch of the latest Volvo showroom in East Cairo is a great beginning for 2022, it is part of our expansion plan all over Egypt and reflects the strong presence of our company. It also counts as a new step that we have accomplished with the Swedish brand throughout the past few years. We are always working on raising the car ownership standards through our modern showrooms and the luxury brands that we deal with in Egypt. I am proud to have Volvo as one of them,” Hisham Ezz Elarab, Chairperson of Ezz Elarab Automotive Group, commented.

Arab Finance
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