AIRLINK 202.80 Increased By ▲ 1.56 (0.78%)
BOP 10.14 Increased By ▲ 0.17 (1.71%)
CNERGY 7.14 Increased By ▲ 0.25 (3.63%)
FCCL 37.10 Increased By ▲ 1.74 (4.92%)
FFL 17.12 Decreased By ▼ -0.03 (-0.17%)
FLYNG 25.64 Increased By ▲ 1.43 (5.91%)
HUBC 135.99 Decreased By ▼ -2.20 (-1.59%)
HUMNL 14.10 Increased By ▲ 0.03 (0.21%)
KEL 4.83 Decreased By ▼ -0.03 (-0.62%)
KOSM 6.87 Increased By ▲ 0.21 (3.15%)
MLCF 46.25 Decreased By ▼ -0.06 (-0.13%)
OGDC 222.25 Decreased By ▼ -0.29 (-0.13%)
PACE 7.01 Decreased By ▼ -0.05 (-0.71%)
PAEL 42.46 Decreased By ▼ -0.68 (-1.58%)
PIAHCLA 17.00 Decreased By ▼ -0.03 (-0.18%)
PIBTL 8.60 Increased By ▲ 0.06 (0.7%)
POWER 9.64 Increased By ▲ 0.54 (5.93%)
PPL 187.71 Decreased By ▼ -1.05 (-0.56%)
PRL 42.25 Decreased By ▼ -1.02 (-2.36%)
PTC 25.25 Decreased By ▼ -0.10 (-0.39%)
SEARL 108.10 Decreased By ▼ -2.32 (-2.1%)
SILK 1.02 Decreased By ▼ -0.01 (-0.97%)
SSGC 42.40 Decreased By ▼ -0.24 (-0.56%)
SYM 18.38 Decreased By ▼ -0.19 (-1.02%)
TELE 9.08 Decreased By ▼ -0.04 (-0.44%)
TPLP 13.41 Decreased By ▼ -0.27 (-1.97%)
TRG 67.66 Decreased By ▼ -0.50 (-0.73%)
WAVESAPP 10.73 Increased By ▲ 0.46 (4.48%)
WTL 1.84 Decreased By ▼ -0.03 (-1.6%)
YOUW 4.03 Increased By ▲ 0.02 (0.5%)
BR100 12,244 Increased By 23.9 (0.2%)
BR30 37,208 Decreased By -109.2 (-0.29%)
KSE100 116,079 Increased By 234.4 (0.2%)
KSE30 36,585 Increased By 109.1 (0.3%)

ISLAMABAD: A Chinese electric car manufacturer has announced establishing an electric vehicle (EV) plant in Pakistan and showrooms in major cities of the country, it emerged Saturday.

The announcement was made by a delegation of Xinjian Jingyi Cheng Group, led by its assistant chairman GU Xongquan, during a meeting with FPCCI Vice President Amin Ullah Baig.

GU said entering the Pakistani market and setting up a manufacturing unit and showrooms was in the interest of the company and part of its long-term business plan.

He said cars were the main means of transport in Pakistan, while the rising global oil prices have led to a sharp increase in gasoline prices, making it imperative for consumers to switch to new energy markets.

Comments

Comments are closed.