In Lahore the Chinese car makers asked the Govt. for incorporating regarding incentives and tax for encouraging the investors. It happens that hi-tech EV –well-known as electric vehicle parts in the upcoming Auto Industry Development and Export Programme (AIDEP) 2021-26. Regarding that it is expected that they will announced in upcoming months.
One of the senior executive of MG JW, in other words the owner of prominent British brand Morris Garages, which is a the joint venture between China’s SAIC Motor and Pakistan’s JW-SEZ Group. He said same as well, said that Govt. should allow the automakers to import the semi-knocked down (SKD) kits no for long but at least limited period. He also provide with an example; Bangladesh that it helps them a lot in shifting the investments from low tech into a new state of the art automotive technology. It will create space for the investors as well that they can invest in the development of electric vehicle parts. Such as motors, immobilizers, lithium ion batteries, battery management system, or engine control unit (ECU) transmission and so on.
Also Read: China to start electric vehicle manufacturing in Pakistan
An executive of MG JW, said that for addition incentives, his company is asking for the sake of setting up news manufacturing facilities and SKD kits for making hi-tech parts to localize in the form of segments. Such as vans, public transport vehicles, D-SUV, D-SD, pickup trucks, and so on.
