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China to make electric vehicles in Pakistan

renhai

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BYD, a major Chinese manufacturer of electric and hybrid vehicles based in Shenzhen showed interest in setting up their manufacturing unit in Pakistan.

Pakistan Ambassador to China, Moin ul Haque was briefed by senior executives of BYD Co.Ltd during a recently held virtual meeting.

He was accompanied by the Embassy’s economic team, Pakistan’s Consul-general in Guangzhou also attended the meeting. During the meeting, an extensive discussion about the investment landscape of Pakistan was held.




BYD’s executives briefed the ambassador about their company and entering the Pakistani market and interest in setting up their manufacturing unit.

BYD Co. Ltd is a major Chinese manufacture of electric and hybrid vehicles based in the city of Shenzhen.

Ambassador Haque noted that robust economic cooperation between Pakistan and China, and invited BYD’s investment in Pakistan.

Read more: Pakistani companies launch country’s first commercial electric vehicle

He briefed them about the attractive policies o the Government of Pakistan for investment in eclectic vehicles sector, and assured the Chinese enterprise of Embassy’s full support for its planned endeavours in Pakistan.

BYD, the Chinese multinational company and world’s largest electric vehicles manufacturer with turnover of $250 billion, is all set to enter Pakistan.

The development was announced by Pakistan Electric Vehicles & Parts Manufacturers and Traders Association (PEVPMTA) General Secretary Shaukat Qureshi while talking to local media.

Read more: China’s 3rd top car company soon to enter Pakistan

“Toyota, the world auto giant, for the first time signed an agreement on November 7, 2019, to develop Electric Vehicles with BYD, the world’s largest electric vehicles manufacturer, with 44 plants around the globe employing 250,000 personals, with turnover of $250 billion,” he said. “Scenario will definitely change in Pakistan as well, with the Japanese companies roll out their models by 2024,” he added.



The leading electric and hybrid vehicles manufacturing company from China, BYD Co. Ltd has showed interest in setting up a manufacturing unit in Pakistan.


Related: Prince William and Catherine Middleton in BYD

According to information, senior executives at BYD briefed Pakistan ambassador to China Moin ul Haque about the company’s plans to enter Pakistani market in a virtual meeting held recently. Moin ul Haque was accompanied by the embassy’s economic team, and Pakistan consul general in Guangzhou.


During the meeting, the officials held an extensive discussion about investment landscape of Pakistan, and the company revealed their intentions to set up a manufacturing unit in the country. Speaking to the meeting, ambassador Haque also briefed them about attractive policies of the government for investment in electric vehicles. He assured the Chinese enterprise of full support for its planned endeavors in the country.


Related: BYD M3 EV Spotted in Rahim Yar Khan

BYD is a major Chinese manufacture of electric and hybrid vehicles based in the city of Shenzhen. Last year it was reported that BYD has joined hands with Pakistan’s Sapphire group for manufacturing & sales of of electric & commercial vehicles in the country. Now however with this latest development, once can perhaps expect BYD to launch its passenger vehicles in Pakistan. Some quality vehicles from BYD worth mentioning are Yuan, Song/ Song Max/ Song Pro, Qin/ Qin Pro, Tang and Han.
 
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Great News. I would rather buy the Chinese automobiles if they are a little cheaper than the Western and Japanese cars.
 
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None right now, there are however some concept projects and experimental cars using it.
bro. Do you know that China has the best electric vehicle technology and the best solar panel technology?

I don't know which electric car uses solar panels.
 
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bro. Do you know that China has the best electric vehicle technology and the best solar panel technology?

I don't know which electric car uses solar panels.
Hopefully China will bring its Solar panels to Balochistan in Pakistan.
 
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Hopefully China will bring its Solar panels to Balochistan in Pakistan.
yes, bro.


Question is is there electricity in Pak to even use for common houses no
It's really a problem.
 
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