Wednesday, October 9, 2024

Chinese Company Announces to Establish Electric Vehicle Plant in Karachi Pakistan.

The Mission to create a plant if an electric vehicle (EV) in Pakistan’s significant economic area nearby the Port Qasim in Karachi. The ‘Gauss Auto Group’ a Chinese organisation has disclosed this.

The organisation would be creating a joint venture (JV) with AKD Group Holdings (Pvt.) limited to turn out a refinery at Port Qasim, Karachi, in a region of about more than 1000 acres.

After a group being conducted by Mr. Chen Feng, CEO of Gauss Auto Group, and Mr. Nasir Rizwan, CEO of AKD Group Holding, the records revealed that they, visited the Board of Investment (BOI) and had a consultation with Federal Minister of Investment Chaudhry Salik Hussain and Secretary of the BOI, Ms. Fareena Mazhar.

This organisation also aimed to export Made-in-Pakistan electric vehicles in all the other countries in the world.

There had been an elaborated presentation given by the organisation, on their equipment of the industry and also updated the BOI leadership regarding different kinds of vehicles they are producing.

The committee was updated on Pakistan’s most currently invented policy of Electric Vehicles, which would be supporting both existing and upcoming workers.

Gauss Car Group was being appreciated by the BOI leadership, for spending in Pakistan’s vehicle market and supplied an organisation with the most suitable support and encouragement.

This should be noticed that Gauss Auto is an organisation that simply aims to the invention and development of the vehicles, as well as the ensuring of the resource. The organisation is based in Shanghai, China, and is registered in Silicon Valley, California.

It is also an important point, that Pakistan’s very initial Electric Vehicle Policy was opted by the federal cabinet on December 22, 2021.

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