Egypt’s Shift to Gas-Powered Driving Gets Another Incentive
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Egypt approved more incentives for drivers to switch to natural-gas powered vehicles, giving extra impetus to a green-friendly transition urged by the North African nation’s president.
Under the new directives, those obtaining a newly gas-powered private car will get a 10% “incentive” on the price, capped at 22,000 Egyptian pounds ($1,410). The statement Wednesday from Egypt’s cabinet didn’t give further details on the exact terms and delivery of the inducements.