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Gauss Auto Group to Set Up a Dedicated EV Plant in Pakistan

hydrabadi_arab

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Gauss Auto Group has shared its plan to set up an electric vehicle (EV) Plant in Pakistan’s Special Economic Zone. Reports suggest that the plan will be a Joint Venture (JV) between Gauss Auto Group and AKD Group Holdings (Pvt.) limited and will be set up near Port Qasim, Karachi on an area spanning 1,000 acres.

Gauss Auto is a dedicated EV manufacturing firm registered in Silicon Valley, California, and operates in Shanghai, China. It reached the decision to enter Pakistan during a meeting between Chen Feng, CEO Gauss Auto Group, and CEO AKD Group Holding with Nasir Rizwan at the Board of Investment (BoI) on Thursday.

The attendants included the Federal Minister Board of Investment Chaudhry Salik Hussain and Secretary BoI Fareena Mazhar. The automaker also stated its intentions to export ‘made in Pakistan’ EVs to other markets.



Gauss Auto Group gave a detailed presentation of its production plant and informed BoI of its current lineup of vehicles. Secretary BoI told the delegation about Pakistan’s recently launched EV policy which offers benefits to both; existing and new manufacturers.

The delegation was also informed about Pakistan’s liberal investment regime, which treats foreign and local investors equally and where all economic sectors are open to Foreign Direct Investment (FDI) except for a few specified restricted industries like arms and ammunition, explosives, radioactive substances, currency, etc.

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BoI encouraged Gauss Auto Group to invest in the auto sector of Pakistan and extended maximum support and facilitation to the company. In order to cater to their technical queries about Government’s EV Policy and to subsequently materialize their manufacturing plant on AKD Holding’s land in Karachi, BOI has scheduled a meeting with CEO Engineering Development Board on 20th May.
 

Clutch

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Gauss Auto Group has shared its plan to set up an electric vehicle (EV) Plant in Pakistan’s Special Economic Zone. Reports suggest that the plan will be a Joint Venture (JV) between Gauss Auto Group and AKD Group Holdings (Pvt.) limited and will be set up near Port Qasim, Karachi on an area spanning 1,000 acres.

Gauss Auto is a dedicated EV manufacturing firm registered in Silicon Valley, California, and operates in Shanghai, China. It reached the decision to enter Pakistan during a meeting between Chen Feng, CEO Gauss Auto Group, and CEO AKD Group Holding with Nasir Rizwan at the Board of Investment (BoI) on Thursday.

The attendants included the Federal Minister Board of Investment Chaudhry Salik Hussain and Secretary BoI Fareena Mazhar. The automaker also stated its intentions to export ‘made in Pakistan’ EVs to other markets.


Gauss Auto Group gave a detailed presentation of its production plant and informed BoI of its current lineup of vehicles. Secretary BoI told the delegation about Pakistan’s recently launched EV policy which offers benefits to both; existing and new manufacturers.

The delegation was also informed about Pakistan’s liberal investment regime, which treats foreign and local investors equally and where all economic sectors are open to Foreign Direct Investment (FDI) except for a few specified restricted industries like arms and ammunition, explosives, radioactive substances, currency, etc.

ALSO READ
This Rickshaw Driver has a Genius Solution to Beat the Heat
BoI encouraged Gauss Auto Group to invest in the auto sector of Pakistan and extended maximum support and facilitation to the company. In order to cater to their technical queries about Government’s EV Policy and to subsequently materialize their manufacturing plant on AKD Holding’s land in Karachi, BOI has scheduled a meeting with CEO Engineering Development Board on 20th May.


Good luck with that! Lol.

Only a fool would invest in a country run by criminals and absconders.
 

Umair Nawaz

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Good luck with that! Lol.

Only a fool would invest in a country run by criminals and absconders.
dont write nonsense. Gauss Moto is a serious company. Their products r producing Tesla l;ike car with full AI and all.

Go through their website first. They r Chinese Tesla!
 

Catalystic

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Are you sure our khadda-full roads can handle these nazuk si cars?
Can they really compete with rikshas and donkey carts and 50 yr old mehrans ??
I’m surprised at this decision of the company……pakistanis do not have purchasing power for these EV…….or they building something else there ???
 

Finer

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Are you sure our khadda-full roads can handle these nazuk si cars?
Can they really compete with rikshas and donkey carts and 50 yr old mehrans ??
I’m surprised at this decision of the company……pakistanis do not have purchasing power for these EV…….or they building something else there ???
Does it matter? They are not hurting your paycheque.

Good to have investments in the nation to boost the economy.
 

Vortex

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Apr 17, 2008
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Gauss Auto Group has shared its plan to set up an electric vehicle (EV) Plant in Pakistan’s Special Economic Zone. Reports suggest that the plan will be a Joint Venture (JV) between Gauss Auto Group and AKD Group Holdings (Pvt.) limited and will be set up near Port Qasim, Karachi on an area spanning 1,000 acres.

Gauss Auto is a dedicated EV manufacturing firm registered in Silicon Valley, California, and operates in Shanghai, China. It reached the decision to enter Pakistan during a meeting between Chen Feng, CEO Gauss Auto Group, and CEO AKD Group Holding with Nasir Rizwan at the Board of Investment (BoI) on Thursday.

The attendants included the Federal Minister Board of Investment Chaudhry Salik Hussain and Secretary BoI Fareena Mazhar. The automaker also stated its intentions to export ‘made in Pakistan’ EVs to other markets.


Gauss Auto Group gave a detailed presentation of its production plant and informed BoI of its current lineup of vehicles. Secretary BoI told the delegation about Pakistan’s recently launched EV policy which offers benefits to both; existing and new manufacturers.

The delegation was also informed about Pakistan’s liberal investment regime, which treats foreign and local investors equally and where all economic sectors are open to Foreign Direct Investment (FDI) except for a few specified restricted industries like arms and ammunition, explosives, radioactive substances, currency, etc.

ALSO READ
This Rickshaw Driver has a Genius Solution to Beat the Heat
BoI encouraged Gauss Auto Group to invest in the auto sector of Pakistan and extended maximum support and facilitation to the company. In order to cater to their technical queries about Government’s EV Policy and to subsequently materialize their manufacturing plant on AKD Holding’s land in Karachi, BOI has scheduled a meeting with CEO Engineering Development Board on 20th May.


With load shedding what will the autonomy of EV in Pakistan ?
 

313ghazi

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Are you sure our khadda-full roads can handle these nazuk si cars?
Can they really compete with rikshas and donkey carts and 50 yr old mehrans ??
I’m surprised at this decision of the company……pakistanis do not have purchasing power for these EV…….or they building something else there ???
Have you see the price Pakistani's are paying for Rubbish Toyotas and Hondas?

There is plenty of money available for people to buy.
 

Zaki

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Oct 20, 2008
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The only thing worries me in Pakistan is the flood. Every time it rains.. there is a flood in Pakistan… and I am not sure if EV cars are suitable for that

We hear such JV news all the time but I would believe when it happens on ground
 

Darth Vader

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EV is the future.

If you have local manufacturing, with competition it can bring price down.

Biggest issue is the value of dollar, until Pakistan has a stable currency majority of these will be pipe dreams,

I solely blame Pakistan people for State investing in Coal and other such planets instead of investing in renewable resources and now same gov is saying we should have invested in different power planets well why they didnt.

Pakistan can get extremely cheap energy if the state just invest in this and for long term
Huge scope in solar, wind and hyrdo.
 

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