Pakistani, Chinese firms sign deal to boost electric vehicle production
ISLAMABAD: A leading Chinese automotive company signed an agreement with a Pakistani firm this week to introduce advanced electric vehicle (EV) technology in Pakistan and scale up domestic production, state media reported on Tuesday.
The memorandum of understanding (MoU) was signed on February 22 in Beijing between Shanghai Launch Automotive Technology Co., Ltd. (LAUNCH) and Yousuf Dewan Companies (YDC), a pioneer in EV assembly in Pakistan.
The deal is part of broader cooperation between Pakistan and China in technology and industrial development, following recent efforts to enhance investment and collaboration in the automotive sector.
YDC, which has been active in Pakistan's automobile industry, will work with LAUNCH, a Chinese firm specializing in EV technology, to develop vehicles for Pakistan using LAUNCH's expertise in design and innovation.
The agreement also includes setting up a completely knocked-down (CKD) assembly operation for battery electric vehicles (BEVs), producing both right-hand drive and left-hand drive models for domestic sales and exports.
'This agreement marks a significant step toward bringing advanced electric vehicle (EV) technology to Pakistan and promoting sustainable mobility solutions in the region,' the Associated Press of Pakistan (APP) news agency reported.
'The cooperation includes the creation of a technology partnership focused on EV innovation, battery life cycle management and recycling solutions, as well as exploring a joint venture for manufacturing and scaling BEV production in Pakistan,' it added.
The partnership is expected to drive EV adoption in Pakistan and contribute to the country's sustainable energy and mobility goals, aligning with broader government efforts to promote clean transportation.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Leaders
10 hours ago
- Leaders
Pakistan PM Visits Saudi Arabia: Eid Celebrations & Strategic Talks
Pakistani Prime Minister Shehbaz Sharif arrived in Saudi Arabia on Thursday for a crucial two-day official visit. He accepted Crown Prince Mohammed bin Salman's invitation to strengthen vital bilateral relations between the longstanding allies. The Prime Minister's Office confirmed his arrival and the visit's objectives earlier today. During his stay, PM Sharif will celebrate Eid Al-Adha within the Kingdom. He will hold substantive bilateral talks with Crown Prince Mohammed bin Salman. Discussions will prioritize boosting mutual cooperation in vital trade and investment sectors. Regional security matters will also feature prominently on their shared agenda. The two leaders will explore avenues to further strengthen multifaceted bilateral ties. Enhancing economic partnerships and investment flows remains a top priority. They will also address Muslim Ummah welfare and regional peace initiatives. Acknowledging Mediation & Boosting Economic Partnership PM Sharif will express Pakistan's sincere gratitude for Saudi Arabia's recent diplomatic intervention. The Kingdom played a pivotal role in de-escalating tensions between Pakistan and India. Gulf partners supported this crucial mediation effort between the nuclear neighbors last month. This high-level visit underscores rapidly expanding Saudi-Pakistan economic links. Both nations signed multiple significant trade and investment agreements recently. Saudi Arabia committed a substantial $5 billion investment package supporting Pakistan's economy. Saudi and Pakistani businesses signed 34 MoUs worth $2.8 billion last year. These agreements cover industry, technology, and agriculture sectors importantly. Manara Minerals is also negotiating to acquire a stake in Pakistan's massive Reko Diq project. Enduring Bonds: Defense & Vital Diaspora Links Defense collaboration remains a cornerstone of the robust Saudi-Pakistan relationship. The nations share a deep history of military cooperation and mutual support. Pakistan also provides valuable training assistance to Saudi forces. Approximately 2.7 million Pakistanis form a crucial diaspora within Saudi Arabia. Their remittances provide the highest foreign exchange inflow for Pakistan. This financial support constitutes an essential economic lifeline for their homeland. Short link : Post Views: 11
Saudi Gazette
2 days ago
- Saudi Gazette
How to pre-register for VALORANT Mobile
The ES TIMES — The highly anticipated VALORANT Mobile game is finally nearing launch, and players in select regions can now pre-register for early access. Pre-registration not only keeps you up to date with the latest official updates, but it also increases your chances of being among the first to experience Riot Games' tactical shooter on mobile. Regional Launch and Early Access As with many major mobile game launches, VALORANT Mobile will follow a regional launch strategy. This means that certain regions, starting with China, will receive access first. The first phase of testing has already begun in China, with Tencent-owned Lightspeed Studios handling development there. How to Pre-Register Currently, pre-registration is only available through the official VALORANT Mobile website for China. Players selected for early access will receive an email with download instructions and additional information. For other regions, Riot Games is expected to launch pre-registration via the Google Play Store and Apple App Store in the near future. Although these pages are not yet live, players are advised to follow local stores or Riot's official channels for any updates. Technically, it is possible to access the Chinese version using a VPN or alternative methods, but this is not recommended. Server issues and high ping can lead to a frustrating experience, and the language barrier can hinder understanding important instructions or using some in-game features. Global Release and Rewards After the testing phase in China concludes, access is expected to expand to other regions. As we've become accustomed to Riot Games, pre-registration rewards will be offered, but unlocking them may require completing in-game tasks or reaching certain milestones during the testing periods. As the full release date approaches, players can expect to see the addition of new challenges, missions, and an in-game store filled with exclusive cosmetics and content designed specifically for the mobile platform.
Saudi Gazette
2 days ago
- Saudi Gazette
Sonder announces retirement from VALORANT after Red Bull Instalock
The ES TIMES — Veteran Game Changers player Diana 'sonder' Zhang has officially announced her retirement from VALORANT competition, with Red Bull Instalock 2025 being her final appearance on the stage. The Chinese-American player, who currently represents FlyQuest RED, shared the news on social media, stating that she will be stepping away from professional esports to pursue new goals in her life. 'I am grateful for all the amazing people I have met along the way,' Sonder wrote. 'Thank you all for the support, love, and encouragement through every moment, whether it's the ups or the downs. I hope I've made it clear that no matter what, always have fun.' 'I'm not sad that it's over, I'm happy that it happened. I love you all.' Despite her departure from the competitive scene, Sonder confirmed that she will continue to stream regularly on her Twitch channel, maintaining a presence within the community that has supported her throughout her career. Sonder's journey in VALORANT began in 2021 with Moon Raccoons Black, quickly rising to the top, joining Shopify Rebellion GC, where she spent over two years. Her successful tenure with the team saw her reach the final of the 2022 Game Changers Championship, cementing her position as one of the best duelists in the industry. In early 2024, Sonder joined FlyQuest RED, remaining with them for over a year before announcing her decision to retire. The team issued a heartfelt farewell message to her: "Thank you, Sonder, for your time with us at RED and Game Changers. Your impact on the team and the scene as a whole has been incredible. You willbegreatlymissed." Sonder's final appearance was on May 2–3 at the Red Bull Instalock event, which took place at the Red Bull Gaming Sphere in London. Fans can follow the event live on the official Red Bull Gaming Twitch and YouTube channels. Sonder's retirement comes at a time of significant change in the scene, with another Game Changers star, Ava "florescent" Eugene, also announcing she will be taking a break from competition in 2025 after moving to Team Apeks in the EMEA region.
