ISLAMABAD – World s largest electric vehicles manufacturer BYD is all setto enter Pakistan. The announcement was made by Pakistan Electric Vehicles& Parts Manufacturers and Traders Association (PEVPMTA) General SecretaryShaukat Qureshi while talking to local media.
“Toyota, the world auto giant, for the first time signed an agreement onNovember 7, 2019, to develop Electric Vehicles with BYD, the world’slargest electric vehicles manufacturer, with 44 plants around the globeemploying 250,000 personals, with turnover of $250 billion,” he said.“Scenario will definitely change in Pakistan as well, with the Japanesecompanies roll out their models by 2024,” he added.
As a leading new energy vehicle (NEV) manufacturer, BYD has created a broadrange of internal combustion (IC), hybrid and battery-electric passengervehicles.
BYD s NEVs have ranked No.1 in global sales for three consecutive yearssince 2015. Developing electric vehicles that are intelligent andconnected, BYD is inaugurating a new age of automotive innovation.
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BYD [image: ????????] Soon !
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Adviser to Prime Minister on climate change Malik Amin Aslam has said thatelectric vehicles will initially reduce import bill by US$2 billion perannum. Terming EV 2019 as best policy in the region, he said that thepolicy, which had been promulgated recently, would provide cheap mode oftransportation, reduction in carbon emission and decrease import bill.
The advisor added that the government would issue SROs related to EVpolicy, 2019, shortly in order to commence the process of introducing EV inthe country.
