Chinese firm shows interest to set up EV factory in Sindh

KARACHI: A Chinese firm ‘China Power’ has shown interest in installing an industrial plant in Sindh for the manufacturing of electric vehicles, ARY News reported on Wednesday.

The interest was shown by a delegation of company in a meeting with Sindh Minister for Information and Transport Sharjeel Memon held in Karachi here on Wednesday.

Welcoming the interest shown by the company, Sharjeel Memon assured the provincial government’s full support to facilitate investors and industrialists in the province.

Last year, another Chinese company agreed to establish first intra-city bus manufacturing company of Pakistan in Karachi, paving way for availability of the buses at cheaper rates in the country.

The development was announced by

Memon after he met the country manager of the bus company where it was decided that manufacturing plant will be established in next 20 months on an 18-acre land and the plant will produce 500 buses annually.

“Establishing a public transport manufacturing plant is our top priority and we wanted to begin the project as early as possible,” Memon said.

Read More: CHINA TO BRING 500 BUSES FOR KARACHI UNDER NEW TRANSPORT SERVICE

Later, in a message from his Twitter handle, Sharjeel Memon said that he had a detailed meeting with a leading Chinese bus manufacturing company and they have agreed to start Pakistan’s first Intra city Bus manufacturing plant in Karachi.