Friday, April 26, 2024

Javed Afridi Shares Video Clip of the First Electric Car Assembly Plant of Pakistan

Following the relaunch of the under-invoicing scandal probe against MG JW SEZ, Javed Afridi has recently become active on social media.

Javed Afridi posted a video clip of machines breaking ground for MG’s dedicated electric vehicle (EV) assembly plant to demonstrate the company’s validity.

According to previous reports, the company will set up the facility in Raiwind, Lahore. It will also produce electric vehicles in its own specialized economic zone (SEZ) with a local investment of Rs. 637 million and foreign direct investment of Rs. 663 million, as per the tweet.

Afridi is a strong supporter of electric vehicles and has advocated for the formation of an EV policy that benefits both consumers and automakers.

However, the Public Accounts Committee (PAC) has directed the Federal Board of Revenue (FBR) to re-investigate MG for the under-invoicing scandal.

After discovering that all of the charges were baseless, FBR the company.

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