Chinese electric car plant coming to Pakistan

beijingwalker · Sep 16, 2023

Chinese electric car plant coming to Pakistan

16th Sep, 2023. 12:15 pm

Chinese electric car manufacturer eyes Pakistan for new assembly plant.
The company discusses plans with FPCCI, aiming for an indigenized production plant and showroom network.
Rising oil prices make electric cars an appealing choice to reduce fuel costs in Pakistan.

A prominent Chinese electric car manufacturer is eyeing Pakistan as the location for its new assembly plant. The Xinjian Jingyi Cheng Group recently conveyed its intentions to the Vice President of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI), Amin Ullah Baig. During their meeting, both parties explored potential investment opportunities.

The company’s chairman disclosed his vision of establishing a fully self-sufficient production facility within Pakistan, complete with a nationwide showroom network.

This ambitious plan aligns with his long-term strategy, driven in part by the escalating oil prices that are pushing people to seek alternative transportation options. Electric cars are emerging as a cost-effective solution to mitigate the impact of rising fuel costs.

This development comes on the heels of Pakistan’s recent announcement of a significant increase in petrol and diesel prices, exacerbating the country’s existing inflation woes.

With the potential arrival of a Chinese electric car manufacturer, Pakistan may soon witness a shift towards more sustainable and economical modes of transportation.