A prominent Chinese electric car manufacturer, Xinjian Jingyi Cheng Group, is gearing up to establish an electric vehicle (EV) assembly plant and a network of showrooms across Pakistan’s major cities. The company’s assistant chairman, G.U. Xongquan, led a delegation to discuss this ambitious plan with Amin Ullah Baig, the Vice President of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI).
During the meeting, a comprehensive dialogue ensued, focusing on the investment opportunities within Pakistan’s dynamic landscape. Chairman Xongquan disclosed that their long-term strategy included the establishment of a fully indigenous production facility within Pakistan, complemented by an extensive showroom network.
Xinjian Jingyi Cheng Group operates across five key industries, encompassing electromechanical and hydraulic systems, light power solutions, vehicles, international commerce, and production and services.
Highlighting the context for their expansion, Xongquan underscored the significance of automobiles in Pakistan, where cars serve as the primary mode of transportation. Escalating global oil prices has driven up petrol costs, compelling individuals to explore alternative means of mobility.
Xinjian Jingyi Cheng Group’s core emphasis lies in automotive innovation and development, integrating cutting-edge technology and available resources. As Xongquan pointed out, electric cars offer a sustainable solution by significantly reducing fuel costs when compared to traditional petrol-driven vehicles.