Schneider Electric aims to create 1,000 smart homes in Egypt by 2023

Updated 6/2/2023 9:14:00 AM
Schneider Electric aims to create 1,000 smart homes in Egypt by 2023

Arab Finance: Schneider Electric is planning to initially create at least 1,000 smart homes in Egypt by 2023, according to an emailed press release.

By launching the first “Homes of the Future” event in Egypt, the company offers its innovative smart home solutions in the local market.

This comes in line with the Egyptian government’s objectives to build technology-driven smart homes powered by renewable energy.

Moreover, Schneider Electric provides “EVLink Chargers” that can fully charge cars within 4 hours, while reducing operational and maintenance costs by up to 50% compared to conventional usage.

The company also targets installing 500 electric vehicle chargers across Egypt in 2023 and reach a total of 4,000 electric car chargers in three years.

Related News