Chinese firm to install 3,000 EV charging stations in Pakistan
Listen to article
A Chinese company has announced plans to install 3,000 electric vehicle (EV) charging stations across Pakistan, aiming to boost green energy adoption and create employment opportunities.
A delegation from China's ADM Group met with Sindh Energy Minister Nasir Hussain Shah and other stakeholders to discuss the expansion of EV infrastructure in the country.
Speaking to the media, Nasir Shah confirmed that the charging stations would be set up in urban areas and along highways, with full support from the provincial government.
Each charging station is expected to cost around Rs8 million, with an initial deposit of Rs1 million required for installation.
The initiative is expected to generate around one million jobs, providing a major boost to Pakistan's employment sector.
ADM Group also plans to establish EV manufacturing plants in Pakistan and has already signed an agreement with the federal government for the development of charging infrastructure.
If the company sets up production facilities in Sindh, the provincial government is considering purchasing at least 20% of the locally manufactured electric vehicles.
CEO of ADM Group, Yasir Bhambhani, stated that the company is ready to start local EV production this year if given approval.
He added that 'Made in Pakistan' electric vehicles could be exported to seven countries, including India, as part of future expansion plans.
The firm aims to set up three manufacturing plants in Karachi, Punjab, and Balochistan, with a projected annual production capacity of 72,000 units.
The investment is expected to enhance Pakistan's EV industry, reduce reliance on fossil fuels, and contribute to environmental sustainability.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Express Tribune
2 hours ago
- Express Tribune
GE Appliances moves washer production from China to Kentucky, adds 800 jobs
GE Appliances, a subsidiary of Chinese multinational Haier, has announced a major shift in its manufacturing strategy by moving the production of clothes washers from China to its facility in Louisville, Kentucky. The company is investing $490 million into this initiative, which is projected to create 800 new jobs and significantly boost the local economy. This strategic move will make the Louisville plant the largest washing machine manufacturing facility in the United States. The decision aligns with ongoing changes in U.S. trade policies and tariff structures, encouraging companies to bring manufacturing back to American soil. The $490 million investment by GE Appliances is part of a broader effort to strengthen its U.S. operations and reduce reliance on overseas production. Officials say the expansion will enhance production capacity, increase supply chain resilience, and improve delivery times to American consumers. The new jobs created will span multiple departments, including assembly, engineering, quality control, and logistics. Local and state officials have praised the announcement as a major win for Kentucky's economy and workforce. As global supply chains continue to face pressure and tariffs influence international trade, GE's move underscores a growing trend of reshoring U.S. manufacturing. The Louisville facility, already a cornerstone of GE Appliances' operations, is now set to become even more critical to its long-term growth strategy. Hiring is expected to begin soon, with full production ramping up over the next year.
Business Recorder
6 hours ago
- Business Recorder
Xiaomi launches YU7, undercutting Tesla's Model Y on price
BEIJING: Chinese EV and smartphone maker Xiaomi on Thursday priced its new electric YU7 SUV from 253,500 yuan ($35,364), almost 4% below Tesla's Model Y, stepping up the challenge to the U.S. firm in the world's largest auto market. The YU7's base model costs 10,000 yuan less than the starting price of Tesla's Model Y in China, with the more premium models YU7 Pro and YU7 Max priced at 279,900 and 329,900 yuan respectively. Xiaomi started taking orders for all three models on Thursday night, with orders hitting 200,000 in 3 minutes after the sale started at 10 p.m. (1400 GMT) The Model Y, which was China's best-selling SUV in May, starts at 263,500 yuan in China. Xiaomi said it will partner with BYD, GAC Toyota and Zhengzhou Nissan to build an ecosystem connecting humans, homes and cars. EV hopes hit by China rare earths curbs Xiaomi's CEO and founder Lei Jun has said he wants the YU7 to challenge the Model Y and analysts say it has the potential to succeed. Other rivals include Zeekr's 7X and Li Auto's L6. 'The YU7 will serve as an early test of whether Xiaomi can broaden its appeal beyond early adopters and tech enthusiasts to become a serious player in the mass-market EV segment,' said Rosalie Chen, senior analyst at Third Bridge. The YU7 has a driving range of up to 835 km (519 miles) per charge, compared with up to 719 km for the redesigned Model Y that was launched in January. The YU7 is Xiaomi's second car since the Beijing-based firm entered the auto sector last year with its sporty electric SU7 sedan, which drew styling cues from Porsche and was priced below Tesla's Model 3. Since December, the SU7 has outsold Tesla's Model 3 in China on a monthly basis. The SU7's success expedites the company's EV bid despite intense competition in China's auto market. In March, Xiaomi raised its target for EV deliveries this year to 350,000 from earlier guidance of 300,000. The company has secured a plot of land in Beijing close to its existing car factory for 635 million yuan ($88 million), which it plans to use for a smart connected car and components project. Lei said in June that he expected Xiaomi's auto business to become profitable in the second half of the year.
Express Tribune
8 hours ago
- Express Tribune
Trump's 2026 defense budget focuses on high-tech missiles, drones, and troop pay raise
Trump administration to focus more on Drones and UCAVs during next budget. PHOTO:ATLANTIC US President Donald Trump wants a pay raise for troops, more high-tech missiles and drones in next year's defense budget, while cutting Navy jobs, and buying fewer ships and fighter jets to save money, according to budget materials posted Wednesday. At $892.6 billion, the defense and national security budget request is flat compared with this year. The budget, which also includes nuclear weapons-related activities carried out by the Department of Energy and increases funding for homeland security, puts Trump's mark on the military by pulling funds away from weaponry and services to fund his priorities. The White House said the funding will be used to deter Chinese aggression in the Indo-Pacific, and revitalize the defense industrial base. Most of the funding for Trump's marquee Golden Dome missile defense shield was included in a separate budget request and is not part of the latest proposal sent to Congress. In the 2026 budget Trump requested fewer F-35 jets made by Lockheed Martin LMT.N and only three warships. Procurement of a Virginia-class made by General Dynamics GD.N and Huntington Ingalls Industries HII.N and 15 other ships are expected to be included in a separate appropriation bill, the Navy said. The budget asks for a 3.8% pay raise for troops, but also trims costs by retiring older weaponry including ships and planes that are more expensive to operate. Under the plan, the Navy will reduce its civilian employee workforce by 7,286 people. Compared to Biden's budget from his last year in office, which had asked for 68 F-35 jets in fiscal 2025, Trump's fiscal 2026 request seeks only 47 of the fighter jets. The budget has already sparked debate on Capitol Hill where the House Appropriations Committee's Defense subcommittee's draft bill for fiscal-year 2026 boosts the F-35 buy to 69, one more than Biden's 2025 request. The Pentagon continues prioritizing purchasing munitions and key weapons systems. The Air Force is continuing its investment the Joint Air to Surface Standoff Missile – Extended Range and Long Range Anti-Ship missile which have longer ranges and can be more effective in the Pacific. On the other hand, the budget seeks far fewer Precision Strike Missile, which will replace the Army Tactical Missile (ATACM) used in Ukraine. Lockheed Martin makes all three missiles. The budget also boosts spending on small drones - in part because of lessons learned in Ukraine where unmanned aircraft have proven to be an integral part of low-cost, yet highly effective warfighting. The detailed request comes as Republicans debate defense spending priorities in their sweeping $150 billion defense package contained in the pending "One Big Beautiful Bill Act". The act has already been passed the House of Representatives and will give an initial $25 billion boost to Trump's controversial Golden Dome missile defense shield. Defense spending usually accounts for about half of the US discretionary budget; the rest goes to transportation, education, diplomacy and other departments.
