AIRLINK 71.81 Increased By ▲ 2.61 (3.77%)
BOP 5.02 Increased By ▲ 0.12 (2.45%)
CNERGY 4.33 Increased By ▲ 0.07 (1.64%)
DFML 31.63 Increased By ▲ 0.38 (1.22%)
DGKC 80.52 Increased By ▲ 3.27 (4.23%)
FCCL 21.36 Increased By ▲ 1.36 (6.8%)
FFBL 35.28 Increased By ▲ 0.28 (0.8%)
FFL 9.30 Increased By ▲ 0.18 (1.97%)
GGL 9.81 Increased By ▲ 0.01 (0.1%)
HBL 112.25 Decreased By ▼ -0.51 (-0.45%)
HUBC 135.81 Increased By ▲ 2.77 (2.08%)
HUMNL 7.04 Increased By ▲ 0.09 (1.29%)
KEL 4.36 Increased By ▲ 0.13 (3.07%)
KOSM 4.39 Increased By ▲ 0.14 (3.29%)
MLCF 37.60 Increased By ▲ 1.00 (2.73%)
OGDC 137.00 Increased By ▲ 4.13 (3.11%)
PAEL 23.66 Increased By ▲ 1.02 (4.51%)
PIAA 24.72 Increased By ▲ 0.52 (2.15%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 121.80 Increased By ▲ 5.50 (4.73%)
PRL 26.92 Increased By ▲ 1.02 (3.94%)
PTC 13.40 Increased By ▲ 0.32 (2.45%)
SEARL 52.39 Increased By ▲ 0.39 (0.75%)
SNGP 70.55 Increased By ▲ 2.95 (4.36%)
SSGC 10.47 Decreased By ▼ -0.07 (-0.66%)
TELE 8.40 Increased By ▲ 0.12 (1.45%)
TPLP 11.00 Increased By ▲ 0.20 (1.85%)
TRG 59.99 Increased By ▲ 0.70 (1.18%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.27 No Change ▼ 0.00 (0%)
BR100 7,519 Increased By 110.3 (1.49%)
BR30 24,636 Increased By 599.2 (2.49%)
KSE100 71,770 Increased By 1103.1 (1.56%)
KSE30 23,548 Increased By 324.2 (1.4%)
Life & Style

Malaysia’s Proton electric cars coming to Pakistan

The Malaysian automaker, Proton Holding has signed an agreement with Pakistan’s Al-haj Automotive Private Limited,
Published August 31, 2018

The Malaysian automaker, Proton Holding has signed an agreement with Pakistan’s Al-haj Automotive Private Limited, to produce and assemble its electric and eco-friendly cars in Pakistan.

According to local media reports, the deal is expected to bring in an investment of $200-300 million in the country. The deal would make Al Haj the exclusive distributor of Proton automobiles in the country.

As per the agreement, Al-Haj would bring modern and high-tech automobiles in different categories i.e. entry and mid-level sedans, crossovers/sports utility vehicles, multi-purpose vehicle and hatchbacks.

Last year, Al-Haj Faw Motors (Private) Limited, a collaboration between Faw China and Al-Haj Motors, started assembling Faw V2, a 1,300cc hatchback, at its assembly plant in Karachi, becoming the forst Chinese car to be assemble in the country currently dominated by three Japanese carmakers.

Just months back, Al Haj FAW motors increased the price of its vehicles in Pakistan for the fourth time this year, amid devaluation of Pakistani rupee against dollar.

Copyright Business Recorder, 2018
 

 

 

Comments

Comments are closed.