A significant development is on the horizon as a prominent Chinese electric car manufacturer, Xinjian Jingyi Cheng Group, is eyeing the establishment of an electric vehicle (EV) assembly plant and a network of showrooms in major Pakistani cities.
The delegation from Xinjian Jingyi Cheng Group, led by Assistant Chairman G.U. Xongquan, recently presented this ambitious plan during a meeting with the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Vice President, Amin Ullah Baig. The discussions revolved around Pakistan’s investment landscape and the potential for the electric vehicle market.
Chairman Xongquan highlighted the company’s long-term vision, which includes the creation of a fully indigenized production plant in Pakistan, supported by an extensive showroom network.
Xinjian Jingyi Cheng Group operates in five core industries:
- Electromechanical and hydraulic
- Light power
- International commerce
- Production and services
Xongquan emphasized the significance of automobiles in Pakistan, where cars serve as the primary mode of transportation. With the global surge in oil prices leading to higher petrol costs, more individuals are exploring alternative modes of transportation.
The Xinjian Jingyi Cheng Group places a strong emphasis on automotive innovation and development through the integration of cutting-edge technology and resources. Xongquan pointed out that electric cars offer substantial fuel cost savings compared to traditional petrol-powered vehicles in the long run. This development could herald a new era for electric mobility in Pakistan.