Tuesday, April 23, 2024

MG engines are approved in Pakistan to build vehicles

In order to attract new car companies to enter the Pakistani market, Greenfield status is given to car assembly companies and includes tax and duty incentives.

The company has already launched its compact SUV MG-HS and has revealed its plans to launch more cars including MG-ZS 1.5, MG ZS EV, which is fully electric and has 44.5 KWH of power, pick-up truck MG-Extender and SUV RX8.

The Engineering Development Board head has confirmed that MG Motors has been given the green-field status to manufacture cars within the country.

MG Motors in Pakistan may be a venture between Pakistan’s JW-SEZ and Chinese giant SAIC, which now owns British MG Motors. the corporate can also manufacture SAIC’s other cars too.

Haier Pakistan CEO and Pakistan Super League franchise Peshawar Zalmi’s owner Javed Afridi may be a key stakeholder in MG Motors in Pakistan. He said during a previous interview that that they had an honest experience in Pakistan’s auto industry after they launched commercial vehicles like trucks under the banner of JW-Forland.

Recently, at MG Motors’ groundbreaking ceremony, Javed Afridi said that they had set up a joint venture with SAIC Motors, which means that the Chinese firm has also made investments in Pakistan.

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