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German company to set up electric bus manufacturing unit in Pakistan

MM News Staff by MM News Staff
October 24, 2020
Reading Time: 2 mins read
Electronic bus

Electronic bus

ISLAMABAD: Minister for Science and Technology Chaudhry Fawad Hussain has said the government is going to sign an agreement with a German company, which would manufacture electric buses in Pakistan.

While addressing a press today, the Federal Minister said, “Yesterday we signed an MoU with Chinese company Skywell for electric buses.”

The ministry would sign a Memorandum of Understanding (MoU) with a German electric bus manufacturer on Sunday, which would be the second such company after China’s Skywell Automobile to set up its manufacturing unit in the country, he added.

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Earlier, a Strategic Alliance Agreement was signed between Daewoo Pakistan and Skywell Automobile, China was held.

Under the agreement, Skywell Automobiles China and Daewoo Express Pakistan will collaborate to introduce electric buses and other electric vehicles in Pakistan and create a technical support base in the country.

The minister was of the view that the country needs to increase its exports, in order to achieve economic growth and for that one needs to focus on adopting the technology.

Fawad said that after setting up a medical city in Faisalabad, the ministry’s next target is to establish a medical city in Sialkot for the production of electromagnetic medical goods, such as dialysis machines, x-ray machines, ventilators, etc.

“Pakistan imports some $1.6 billion of medical equipment, and I am hopeful that we would be proficient to substitute our imports through local manufacturing,” he added.

Earlier, the federal minister had said that the government was developing alternative energy sources in Pakistan through solar and wind. “The country’s planning cannot last more than 10 years and we are doing our best to accelerate development using technology,” he said.

He tweeted that a big step towards fulfilling another promise, a strategic alliance between Dow Pakistan and Sky will Company to bring electric buses to Pakistan would take place.

ایک اور وعدے کی تکمیل کی طرف بڑا قدم، ڈائوو پاکستان اور سکائ ول کمپنی کے درمیان پاکستان میں الیکٹرک بسیں لانے کا سٹریٹجک الائنس آج ہو گا۔ اس سال سے پاکستان میں الیکٹرک بسیں چلنا شروع ہو جائیں گی اور تین سالوں میں پاکستان میں ان بسوں کی مکمل مینوفیکچرنگ شروع ہو جائیگی۔ pic.twitter.com/AMiCw77PZT

— Ch Fawad Hussain (@fawadchaudhry) August 26, 2020

 

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