Tuesday, October 1, 2024

Airlink, Xiaomi to Assemble SU7 Electric Sports Car in Pakistan

Airlink Communications, listed as AIRLINK on the Pakistan Stock Exchange, has shown remarkable growth. The company’s earnings per share jumped from PKR 2.5 last year to PKR 11.7 this year, reflecting strong financial performance.

Airlink, along with its subsidiary Select Technologies, remains a leader in the mobile phone market. However, recent reports suggest the company is preparing to enter the electric vehicle (EV) industry—a move that could have a major impact on both Airlink’s future and Pakistan’s economy.

The excitement around this shift increased with the arrival of the Xiaomi SU7 Max electric vehicle at Karachi Port. Sources indicate that Airlink is now planning to launch its own electric car in Pakistan soon. This move could be a game-changer for the company, as they not only aim to establish themselves in the local market but also look for significant export opportunities.

By expanding into the EV sector, Airlink is taking steps to diversify its business, showing a strong commitment to innovation and growth. If successful, their entry into electric vehicles could help pave the way for broader adoption of green technology in Pakistan, while also contributing to the country’s economic progress.

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