Millat Tractors MOU marks entry into E-Bike sector

MG News | May 12, 2026 at 10:25 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

May 12, 2026 (MLN): Millat Tractors Limited's (PSX:MTL) subsidiary has signed a memorandum of understanding with a leading Chinese electric bike manufacturer to assemble, manufacture, and market E-Bikes in Pakistan.

The strategic collaboration marks the group's entry into the electric mobility sector and aligns with the Government of Pakistan's National Electric Vehicle Policy 2025–30.

The company said the MOU is an important step toward expanding its product portfolio and contributing to the country's transition to sustainable transportation.

The aforementioned information was disseminated through a notification to Exchange.

Copyright Mettis Link News

Related News

MTL clarifies EV motorcycle speculation

Millat Tractors to split shares 2-for-1

Name	Price/Vol	%Chg/NChg
KSE100	169,839.86 115.31M	-0.69% -1181.91
ALLSHR	102,309.50 390.56M	-0.62% -639.14
KSE30	50,773.29 49.61M	-0.71% -361.07
KMI30	243,009.11 53.25M	-0.72% -1773.88
KMIALLSHR	66,307.74 266.57M	-0.69% -460.56
BKTi	46,586.16 12.78M	-0.68% -321.18
OGTi	35,203.50 3.83M	-0.58% -206.76

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	67,150.00	67,975.00 65,565.00	-245.00 -0.36%
BRENT CRUDE	98.44	98.68 96.44	2.44 2.54%
RICHARDS BAY COAL MONTHLY	120.00	0.00 0.00	-0.70 -0.58%
ROTTERDAM COAL MONTHLY	141.00	141.00 141.00	3.70 2.69%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	96.24	96.56 93.45	2.48 2.65%
SUGAR #11 WORLD	14.61	14.64 14.42	0.23 1.60%