China to set up Electric Vehicles plant in Pakistan
Pakistan’s Daewoo Express and China’s Skywell Automobile have signed a Strategic Alliance Agreement, under which Skywell Automobile will provide its state-of-the-art electric buses for the Pakistani market in Phase-1, and in Phase 2, shall set up a manufacturing plant to produce EVs in Pakistan. The production of these vehicles in Pakistan would be sustainable since it would save costs involved in importing them from China.
ISLAMABAD: Pak-China cooperation in Electric Vehicles (EVs) is quite promising as it is beneficial for both the countries, according to a report published by Gwadar Pro.
Pakistan’s Daewoo Express and China’s Skywell Automobile have signed a Strategic Alliance Agreement, under which Skywell Automobile will provide its state-of-the-art electric buses for the Pakistani market in Phase-1, and in Phase 2, shall set up a manufacturing plant to produce EVs in Pakistan.
The report says, given the high cost of importing EVs, it’s necessary and mutually beneficial to establish local manufacturing plants in Pakistan.
Pakistani, Chinese varsities sign MoU to boost partnership in education sector
Islamabad: Universities in Tianjin, China, have signed three Memorandums of Understanding …