Pakistan’s electric vehicle (EV) sector is set for a significant boost as a Chinese consortium commits $340 million to establish EV manufacturing plants and charging stations across the country.
The Sindh government has pledged full support for the initiative, offering land and essential facilities to facilitate the project. Sindh Energy Minister Syed Nasir Hussain Shah stated that if EV production begins in Pakistan, the provincial government will purchase over 20% of the vehicles produced at the Karachi plant.
The initiative, launched through a partnership between Malik Group and China’s ADEN Group, will see 30 charging stations arriving from China within the next 10 days, with nationwide installations starting soon. The first station has already been set up in Karachi, and Lahore is next in line.
According to ADEN Group CEO Yasser Bhambani, the company plans to invest $90 million for 3,000 charging stations and $240 million for an EV manufacturing plant. Production is expected to begin by December, with an annual target of 72,000 vehicles. Future plans also include exporting EVs to the Middle East, Sri Lanka, and Bangladesh.
The launch event was attended by notable figures from the industrial and business community, reinforcing confidence in the project’s success and its potential impact on Pakistan’s economy.
