Report by Engineering Post
One of the subsidiary companies of the Millat Tractors has signed a Memorandum of Understanding (MoU) with a Chinese electric bike manufacturing company for manufacturing and marketing of electric bikes in Pakistan.
The partnership aims to expand Millat Group’s presence in the country’s electric mobility sector through collaboration with a leading Chinese electric bike manufacturer. The initiative so undertaken by signing MoU with the Chinese company duly aligned with the Pakistan’s National Electric Vehicle Policy 2025-30.
Millat Tractors management has maintained that the agreement represented a step toward diversification of its product portfolio and participation in Pakistan’s transition toward electric transportation.
