BYD signals investment interest in Pakistan's electric vehicle sector

News Image

MG News | November 23, 2023 at 12:20 PM GMT+05:00

Join our Whatsapp channel
Add Mettisglobal as a Trusted Source on Google Google
0:00

November 23, 2023 (MLN): China’s global leader in EV manufacturing, BYD, expressed its keen interest in investing in Pakistan's EV sector during a Thursday meeting with the Secretary Board of Investment (BOI), Dr. Sohail Rajput.

A delegation from BYD, including Mr. Cai Xiao Xu, Head of Dealer Development (South Asia), and Mr. Lei Jian, Country Head (Pakistan) is currently on an exploratory visit to Pakistan, facilitated by BOI, including crucial meetings with potential local partners.

As a Fortune 500 company and a global leader in EV manufacturing, BYD is recognized for its presence in four major industries: automobile, rail transit, new energy, and electronics.

The Secretary, BOI, welcomed the company's interest, emphasizing the significance of EVs in Pakistan.

He assured the BYD delegation of the government of Pakistan's steadfast commitment to facilitating foreign investors.

Copyright Mettis Link News

Related News

News
SBP reserves rise $66m to $17.15bn
News
Sindh, World Bank review Karachi water network
News
RLNG imports hit by May disruptions, prices jump 42%
Name Price/Vol %Chg/NChg
KSE100 173,962.82
313.69M 		1.30%
2237.52
ALLSHR 104,178.62
550.40M 		0.93%
964.13
KSE30 52,166.33
164.58M 		1.26%
649.19
KMI30 250,496.48
141.11M 		1.59%
3930.77
KMIALLSHR 67,844.06
318.73M 		1.20%
801.29
BKTi 47,430.11
44.68M 		0.28%
130.40
OGTi 36,386.96
9.01M 		0.13%
45.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 73,715.00 73,760.00
73,715.00 		0.00
0.00%
BRENT CRUDE 91.89 92.95
89.93 		-0.81
-0.87%
RICHARDS BAY COAL MONTHLY 117.00 0.00
0.00 		-0.75
-0.64%
ROTTERDAM COAL MONTHLY 130.25 131.75
130.00 		-0.20
-0.15%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50 		0.00
0.00%
CRUDE OIL - WTI 87.76 89.02
86.35 		-1.14
-1.28%
SUGAR #11 WORLD 14.07 14.35
13.90 		0.14
1.01%
Chart of the Day
Latest News
May 29, 2026 at 09:44 PM GMT+05:00

SBP reserves rise $66m to $17.15bn

May 29, 2026 at 08:19 PM GMT+05:00

Petrol, HSD prices drop Rs22 per litre

May 29, 2026 at 07:19 PM GMT+05:00

Sindh, World Bank review Karachi water network

May 29, 2026 at 05:06 PM GMT+05:00

PSX Closing Bell: Bulls Come Out Swinging

May 29, 2026 at 04:41 PM GMT+05:00

RLNG imports hit by May disruptions, prices jump 42%

Top 5 things to watch in this week
SBP Interventions in Interbank FX Market
Weekly SCRA Balance
Weekly SPI
Foreign Exchange Reserves
Monthly Economic Update & Outlook May, 2026
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg