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China's electric vehicle company expresses interest to invest in Pakistan

The initiative will make green products more accessible to Pakistani consumers as well as take Pakistan's auto industry on the path of growth.

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China's electric vehicle company expresses interest to invest in Pakistan
GNN Media: Representational Photo

Lahore: China's largest electric vehicle company BYD along with its local partner Mega Conglomerate private limited on Friday expressed interest in investing in Pakistan to manufacture advanced electric vehicles.

This comes at a time when Pakistan is taking steps to reduce its carbon footprint and adopt more energy efficient means of transportation for a cleaner air.

The initiative will make green products more accessible to Pakistani consumers as well as take Pakistan's auto industry on the path of growth.

BYD will manufacture electric vehicles locally in Pakistan, which will enable Pakistan to export Right Hand Drive (RHD) vehicles.

BYD's investment is a major testament to the Special Investment Facilitation Council's drive to attract foreign investment.

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