Chinese-Pakistani Joint Venture to Produce Electric Vehicles

A joint venture (JV) between Chinese and Pakistani enterprises has been formed to produce electric two- and three-wheelers in Pakistan. The agreement is expected to improve the local market, reduce carbon emissions, and promote eco-friendly transportation.

The JV is between Benling Group, a Chinese electric vehicle manufacturer, Dongjin Group, a Chinese battery manufacturer, and Crown Group, a Pakistani auto company. The JV will be headquartered in Pakistan and have a production capacity of 50,000 vehicles per year.

The JV’s products will target the growing market for electric vehicles in Pakistan. Pakistan is a rapidly urbanizing country, and the demand for public transportation is increasing. Electric vehicles are a cleaner and more sustainable alternative to traditional gasoline-powered vehicles.

The JV’s production of electric vehicles is expected to have several benefits for Pakistan. It will help to reduce the country’s reliance on imported oil, and it will also help to improve air quality. The JV is also expected to create jobs and boost the local economy.

The JV is a positive development for the Pakistani transportation sector. It is a sign of the growing interest in electric vehicles in Pakistan and a step towards a more sustainable future for the country.