• AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees
Tuesday, April 14, 2026
  • Login
No Result
View All Result
Economy.pk
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
No Result
View All Result
Economy.pk
No Result
View All Result

Daewoo Express Set to Launch 200 Electric Intercity Buses in Pakistan

by Web Desk
November 16, 2023
in Business
0
Daewoo Express Set to Launch 200 Electric Intercity Buses in Pakistan
276
SHARES
2.6k
VIEWS
Share on FacebookX

Daewoo Express, a prominent inter-city transport service provider in Pakistan, is set to gradually introduce 200 Electric Vehicle (EV) buses in the next two years, along with 1000 EV rickshaws for Karachi and Lahore in collaboration with Sazgar Engineering. This move, aimed at adopting cutting-edge transport technology, could mark the first EV-based inter-city bus service in Pakistan.

Sheriar Hassan, General Manager at Daewoo Express, emphasized the company’s commitment to environmental protection and improving air quality through green technology. The proposed projects, expected to secure multi-million dollar financing by January-February 2024, align with the company’s responsibility as a market leader to transition from fossil fuel-based vehicles to eco-friendly electric options.

The 200 electric buses are planned for short inter-city routes, operating on a maximum distance of 225 kilometers to avoid inconvenient stops for charging. The buses are expected to start operations in the summer of next year, covering 17 short routes across Pakistan.

Daewoo Express is also collaborating with Sazgar Engineering for the manufacturing of 1000 EV rickshaws to be operated in Karachi and Lahore. The introduction of EV rickshaws aims to contribute to improving air quality and reducing noise pollution in these major cities.

While the initiative is lauded for its positive impact on the environment and transportation, experts suggest that Daewoo Express should consider using renewable energy sources, such as solar power, for charging its electric buses to maximize the environmental benefits.

If successful, the pilot project of 200 electric buses may lead to Daewoo Express considering entry into the electric bus manufacturing business. The company is currently in talks with several Chinese bus manufacturers for the purchase of the buses.

Experts and officials from the Ministry of Climate Change express support for the initiative, emphasizing the importance of reducing carbon emissions and encouraging the use of electric vehicles. The project also aligns with efforts to address air quality issues and contribute to sustainability goals in Pakistan.

Tags: Daewoo ExpressElectric Intercity Buses in Pakistan
Web Desk

Web Desk

Related Posts

Aurangzeb says ‘all options on table’ to replace UAE’s $3.5bn loan, weighs strategic fuel reserve

Aurangzeb says ‘all options on table’ to replace UAE’s $3.5bn loan, weighs strategic fuel reserve

by Web Desk
April 14, 2026
0

Pakistan is exploring multiple financing options, including Eurobonds, loans from friendly countries, and commercial borrowing, to replace a $3.5 billion...

Fitch affirms Pakistan’s credit rating at ‘B-’

Fitch affirms Pakistan’s credit rating at ‘B-’

by Web Desk
April 13, 2026
0

ISLAMABAD: Fitch Ratings has affirmed Pakistan’s long-term foreign currency Issuer Default Rating (IDR) at ‘B-’ with a stable outlook, citing...

Aurangzeb arrives in Washington for IMF, World Bank spring meetings

Aurangzeb arrives in Washington for IMF, World Bank spring meetings

by Web Desk
April 13, 2026
0

Finance Minister Muhammad Aurangzeb arrived in Washington on Monday to participate in the World Bank Group and International Monetary Fund...

Pak-Turkiye relations rapidly moving towards economic partnership: PM

Pak-Turkiye relations rapidly moving towards economic partnership: PM

by Web Desk
April 7, 2026
0

Prime Minister Muhammad Shehbaz Sharif has said the centuries-old brotherly relations between Pakistan and Turkiye are rapidly moving towards a...

Pakistan to repay $4.8bn in external obligations, UAE payments part of plan: sources

Pakistan to repay $4.8bn in external obligations, UAE payments part of plan: sources

by Web Desk
April 6, 2026
0

Islamabad: Pakistan has finalized arrangements to repay $4.8 billion in external obligations by the end of June 2026, with $3.5...

Govt assures IMF of timely power tariff hikes, subsidy cap agreed under $7bn EFF

Govt assures IMF of timely power tariff hikes, subsidy cap agreed under $7bn EFF

by Web Desk
April 4, 2026
0

Pakistan has assured the International Monetary Fund (IMF) that it will implement timely electricity tariff adjustments and limit power sector...

Next Post
Pakistan-born Lawyer to Become First Muslim American Judge in US Federal Appeals Court

Pakistan-born Lawyer to Become First Muslim American Judge in US Federal Appeals Court

Ads

  • AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees

© 2026 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates

© 2026 All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.