Chinese new energy vehicle companies are planning to set up factories in Pakistan after Pakistan’s New Energy Vehicle (NEV) policy announcement. The policy targets 30% electric vehicle (EV) adoption for new vehicles by the end of 2030 and envisions a gradual transition to a zero-emission road fleet by 2060, positioning itself as an emerging player in the global EV market.
In January, China’s BYD partnered with Hub Power Company to enter Pakistan’s market. The announcement said the BYD vehicles would be imported rather than produced domestically.
Yousuf Dewan Companies, notable for representing BMW in Pakistan, recently partnered with Chinese EV charger producer Donar. The joint venture aims to provide the essential infrastructure for EV charging.
Pakistan’s Nishat Group announced its automobile division would debut an EV with South Korea’s Hyundai.
Chinese state-owned automobile manufacturer Changan and MG announced plans to launch their EVs in the Pakistan market
Chinese electric two-wheeler brand Aima has launched an outlet in October.
Awais Leghari, Pakistan’s federal minister of energy, has announced that Pakistan government has been preparing a draft for setting up charging stations across the country as part of an initiative to promote electric vehicles, motorcycles and even electric rickshaws.
Other Chinese companies such as Great Wall Motors, BAIC, Changan, JAC Motors, FAW, and Chery Automobiles are also rapidly expanding their footprints in the country.
Read more: Pakistan aims for 90% of all vehicle sales to be electric in just 16 years
China and Pakistan will boost vocational education collaboration in new energy vehicles. A seminar on Creating International Teaching Resources in Energy-saving and New Energy Vehicles was held at Hunan Automotive Engineering Vocational University recently.
Almost 100 government authorities and venture pioneers from China and Pakistan saw the official beginning of the international teaching resource in energy-saving and new energy vehicles under the China-Pakistan Digital Education Alliance.
As per Yin Wanjian, Leader of Hunan Auto Engineering Vocational University, they will present Chinese new energy vehicle advancements and cases about the ongoing status and improvement objectives of Pakistan’s new energy industry into the worldwide teaching resource project.
“China-Pakistan collaboration in vocational education holds extraordinary importance. Through the international teaching resource project in energy-saving and new energy vehicles, we aim to assist Pakistani youth with profiting from the most recent technological progress in China. This will improve their insight and upgrade their abilities. These efforts will empower them to add to the well-being of individuals in the two nations,” said Mehr Shahid Zaman Lak, Chief Operating Officer of the Technical Education and Training Authority (TEVTA), Government of Punjab.
In the seminar, members participated in discussions on the achievability of setting up global principles. Moreover, they discussed curriculum systems and, besides, the joint construction of a workshop. This workshop would focus on growing profoundly gifted abilities in energy-saving and new energy vehicles in Pakistan.
This partnership is viewed as an important step in the right direction under the China-Pakiatan Economic Corridor (CPEC) drive, expecting to harness the capability of NEVs for economic and natural advantages.
Key developments include:
1. Professional Training and Technology Exchange: Gatherings like the China-Pakistan Electric Vehicle Industry Technology Service Corporation Forum have worked with conversations on information sharing and expertise improvement. Specialists from the two countries are working together on NEV advancements, which are viewed as vital in the fourth industrial revolution.
2. Policy and Incentives in Pakistan: Pakistan has presented favorable policies under its Auto Industry Advancement and Export Policy (AIDEP), remembering reduced customs duties for EV parts and charging systems. Enrollment subsidies for EVs further boost adoption.
3. Industrial Cooperation Platforms: The launch of the CPEC Industry Chain Collaboration Stage means to coordinate efforts across new energy, wise assembly, and digital economy areas. This stage is supposed to address data gaps and advance international partnerships, preparing for strong industry development.
4. China’s Role and Ability: China, being the world’s biggest maker and dealer of NEVs, carries significant mastery to the association. The cooperation assists Pakistan with taking advantage of the latest innovations and robust production systems, advancing mutual growth.