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Power use in electric motor systems is a good indicator of overall industrial electricity consumption. There are numerous manufacturing processes that require electric motors. as well as in ventilation and cooling systems, water pumps, and air compressors.
This includes pressing, transporting, and moving materials. Both developed and developing nations have significant untapped potential for improving the energy used for electric powered motor systems, according to studies and practical experience.
The potential for electric motor systems in the industrial sector to consume less electricity is estimated by the International Energy Agency (IEA), which might lower the demand for electricity globally.
suggests that improving the optimal usage of electric motor systems would be a more feasible and attainable goal for the international plan of action.C
The Egypt Electric motor Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
According to the country’s Minister of Public Business Sector, production of Egypt’s first domestically built electric automobile will start by the end in collaboration with Chinese Dongfeng Motor Corporation.
The new vehicle is the Nissan Leaf electric vehicle’s Chinese equivalent. The ministry disclosed the agreement it reached with the Chinese firm to produce electric passenger cars on the El Nasr Automotive Manufacturing Company’s assembly lines in Egypt.
The initiative will restart the production lines for Nasr, which had been idle. Within a few years, production will likely be able to produce about 25,000 electric vehicles annually.