Business Desk 
Jan 30, 2025
In a development aimed at enhancing eco-friendly mobility in the country, a Chinese firm has announced a $340 million investment plan to establish an electric vehicle (EV) manufacturing plant and 3,000 EV charging stations across Pakistan.
Assuring the company of full support from the Sindh government, Sindh Energy Minister Syed Nasir Hussain Shah said the province will ensure timely provision of all essential facilities, including land for the EV manufacturing plant.
“If the company manufactures electric vehicles in Pakistan, the Sindh government will purchase over 20% of the vehicles produced at the Karachi plant,” said Shah during a press conference at the inauguration of a joint project between Malik Group and China’s ADEN Group.
Malik Group Chairman Malik Khuda Bakhsh said 30 EV charging plants will be imported from China within the next 10 days, adding that their installation will begin soon.
“We aim to have the necessary infrastructure operational by the end of this year,” Bakhsh outlined, claiming that the first EV charging station has already been installed in Karachi, with another scheduled to be set up in Lahore on January 30 (Thursday).
“By December, electric vehicle production will begin, with an annual output target of 72,000 units. We also plan to export vehicles to the Middle East, Sri Lanka and Bangladesh,” said ADEN Group CEO Yasser Bhambani.
Providing insights and the company's commitment to the project, Bhambani explained that $90m of the allocated budget will be invested in the development of 3,000 charging stations, and $240m will be spent on an EV manufacturing plant.
