Electric vehicles: companies are seemingly testing the market, but is Pakistan ready?
Barring DFML, no other manufacturer of 4-wheel EVs has applied for a manufacturing certificate yet.
As fuel prices add to the cost of living and doing business, Pakistan is seeing a greater number of electric vehicle manufacturers announcing plans to enter the market. However, barring one player, others are seemingly testing the waters before they decide to initiate manufacturing in Pakistan, choosing, instead, to sell Completely Built Units (CBUs) as the country becomes ready for EVs.
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Bilal Hussain Published August 8, 2024.
