Here is the latest news about the Chinese-based company Gauss Auto group. The world is moving toward electric automobiles because of the environmental impact. Gauss Auto company now plans to establish an electric vehicle plant in Pakistan. Furthermore, the idea is to form a Joint Venture with AKD Group Holdings (Pvt.) limited and build the plant on around 1000 acres of land near Port Qasim in Karachi.
Electric Vehicle Plant Project:
Gauss Auto is a company that focuses on automotive development and enhancement, as well as the combination of sources. According to the officials, the meeting took place on Thursday at the Board of Funding between a delegation led by Chen Feng, CEO of Gauss Auto Group and CEO of AKD Group Holding, and Nasir Rizwan. The team gave a detailed presentation of their production facility and updated BoI management on the various types of vehicles they already produce.
Meeting between Bol Management and Gauss Auto:
According to the official source, the team finalize the arrangements at the meeting, and also expressed their desire to export Pakistan’s domestically produced electric vehicles to other countries. The Secretary of BOI management informed the delegation about Pakistan’s recently adopted Electric Vehicle Policy, which benefits both existing and new manufacturers.
The leader of the BOI appreciates Gauss Auto Group to engagement in Pakistan’s auto sector. They also provided the firm with every possible assistance. BOI has scheduled a meeting with the Engineering Growth Board to address their technical questions about the Government’s EV Policy. The management also help them realize their manufacturing factory on AKD Holding’s land in Karachi.
Gauss Auto Group:
Gauss Auto is a company that focuses on vehicle invention. It is based in Shanghai, China, and has registered in Silicon Valley, California. British CCA firm, which supplied engines for the First World War 120 years ago, is their partner. It is dedicated to establishing a global new energy vehicle industry ecosystem centered on worldwide users. The company establishing itself as a global leader in new energy-smart vehicles.
