The Chinese company will build an electric car plant in Karachi
The Chinese company will build an electric car plant in Karachi When the government announced the country's first electric vehicle policy, many companies began to show interest in building electric vehicle (EV) factories in the country. The Chinese company Gauss Auto Group today announced the construction of a factory for electric cars in the Special Economic Zone of Pakistan near Port Qasim in Karachi. The Chinese company will build an electric car plant in Karachi The move comes after a delegation led by Chen Feng, CEO of Gauss Auto Group and CEO of AKD Group Holding, Mr. Nasir Rizwan, visited the Investment Board (BOI). They also held a detailed meeting with the advice of Federal Investment Minister Chaudhry Salik Hussain and BOI Secretary Fareena Mazhar. The Chinese company, a joint venture (JV) with limited AKD Group Holdings (Pvt.), Has decided to build a factory in Karachi on approximately 1,000 acres of land. The delegation also discussed some of its plans to export locall...