First Pakistani electric car company made jointly by Pakistan and China arranged the inauguration ceremony of its first showroom.
Provincial Minister of Punjab for housing, urban development and public health engineering, Mian Mehmood ur Rasheed was the chief guest of the inauguration ceremony held in Lahore.
The minister on the occasion hailed the initiative and lauded China’s support to Pakistan. He said that collaborative ventures like the electric car company would bear positive results and strengthen the bond between the neighboring countries.
Answering a question in relation to the Prime Minister’s ‘Naya Pakistan Housing Scheme’ initiative, the minister said that the groundwork for the project will be starting soon enough in the city of Lahore.
Advisor to the Prime Minister on Climate Change, Amin Aslam said earlier on 21st November that Pakistan was planning to save 2 billion dollars in fuel costs by shifting to electric vehicles.
The advisor said that the cabinet has given formal approval for the country’s first electric vehicle policy.
He added that by incorporating electric vehicles into the consumer market the country will save million in fuel exports and also bring down the adverse effects being caused to the environment due to carbon emissions.
The advisor revealed that electric Rickshaw and Motorcycle factories are to be set up in the country under the new policy.