The clap:
GB Auto subsidiary Itamco is teaming up with Helwan Company for Machinery & Equipment and to assemble and locally manufacture Indian Bajaj’s Qute car model.
Background:
The agreement is part of a wider arrangement between Itamco and India’s Bajaj to create vehicles of the range, and the statement now notes that they will now capitalize on Helwan Machinery’s factory’s production capacity to realize their target.
Remember- the automaker is going green:
When GB Corp changed its name from GB Auto in 2023, it revealed an ambitious plan to install solar power plants at all of its factories, supplying about 40% of the company’s electricity needs by 2024.
