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International Partnerships and Reception of a High-Level Chinese Delegation

Mega Trust Group, through its automotive arm QN Automotive—the official distributor of the Yangwang brand in Egypt and the Gulf—participated in the "Green Friday" Electric Vehicle Exhibition. The company's pavilion welcomed a high-level Chinese delegation from Yangwang Global. They were received by Major General Mohamed El-Saidy, Chairman of the organizing company and head of the exhibition, alongside Dr. Eslam Nasrallah, Chairman of QN Automotive and Mega Trust Group. The Chinese delegation toured the exhibition, commending the high quality of the event and its organization.

Technological Transformation and the Future of EV Maintenance

During his address, Dr. Eslam Nasrallah emphasized that competition in the automotive sector is no longer limited to technical specifications or vehicle performance alone. Instead, it has expanded into an integrated ecosystem that encompasses technology, after-sales services, ownership experience, and the dealer's ability to deliver tailored solutions.

Nasrallah highlighted a fundamental shift in maintenance, noting that electric vehicles feature as few as 24 moving parts, compared to approximately 2,700 parts in conventional internal combustion engine cars. He also addressed Range Extended Electric Vehicle (REEV) technologies, pointing out that engine maintenance and oil change service intervals for certain models can reach up to 100,000 kilometers, depending on the system and manufacturer specs.

Showcasing Ultimate Luxury: Maextro S800 and Yangwang U8L

QN Automotive showcased two extraordinary models that embody advanced engineering and luxury:

Maextro S800: A flagship luxury sedan defined by its spacious design, luxury finishes, and cutting-edge digital systems.

Yangwang U8L: A high-performance luxury SUV combining advanced engineering capabilities with state-of-the-art technology for an exceptional driving experience.

Nasrallah noted that the brand prioritizes a curated approach tailored to customer preferences over volume-driven competition, offering premium lifestyle services such as home maintenance, mobile car washes, and personalized follow-ups.

Economic Viability and Local Manufacturing Plans

Highlighting the economic advantages of electric mobility, Nasrallah explained that energy costs for certain EV models allow drivers to cover 800 to 1,200 kilometers for approximately 1,000 Egyptian Pounds, alongside favorable licensing fee structures. Furthermore, he revealed the group's expansion plans in the Egyptian market, including initiatives to establish local assembly and manufacturing plants.

The Chairman of Mega Trust Group concluded his speech by praising the climate of security and stability in Egypt, emphasizing that it serves as a critical catalyst in building investor confidence and attracting top-tier international brands to the local luxury EV market.