It will bring about new opportunities for companies to showcase manufacturing solutions, technology and infrastructure related to efficient power conversion systems. This includes electrical power-trains and components, battery management systems, monitoring & control equipment and charging stations.
Today’s economies have changed due to development in emerging markets, accelerated growth in technology development, sustainability policy initiatives and consumer preferences.
The automotive sector identifies four disruptive technology-driven trends – diverse mobility, autonomous driving, electrification and connectivity.
Another perspective in the automotive revolution which highlights concerns further and could help formulate a strategy for a developing country such as Pakistan includes shifting markets and revenue pools, changing mobility behaviour, diffusion of advanced technology and new competition.
Pakistan’s automotive sector has again reached a milestone, and this time it’s for electric vehicles.
After witnessing the growing popularity of electric vehicles around the globe, a group of investors in Pakistan are keen to bring the technology to the country.
The joint venture between the two Countries is a massive breakthrough in Pakistan’s auto sector. The Chinese manufacturer will assemble cars, vans, coaches, buses as well as batteries, chargers and other related products.
The transport sector is one of the largest contributors to greenhouse gas (GHG) emissions in Pakistan, accounting for nearly 43% of total emissions from the energy sector.
Cities like Karachi, Lahore, and Islamabad frequently report dangerous levels of air pollution due to vehicle emissions, exacerbated by outdated vehicles and poor fuel quality.
Air pollution causes severe respiratory diseases, increases healthcare costs, and reduces productivity.
Encourage local production of EVs to make them affordable and create job opportunities.
Transition public transport, ride-sharing services, and delivery fleets to EVs to create a significant impact.
Collaborate with international EV manufacturers and investors to bring advanced technology and expertise.
A Battery Electric Vehicle (BEV) is a fully electric vehicle powered exclusively by rechargeable batteries, with no internal combustion engine.
It uses electric motors for propulsion, producing zero tailpipe emissions.
BEVs require charging through external power sources and are known for their efficiency, environmental friendliness, and quiet operation.
A Plug-in Hybrid Electric Vehicle (PHEV) combines a fuel engine and an electric motor with a rechargeable battery.
It can run on electricity for shorter distances and switches to the fuel engine for extended range.
PHEVs reduce fuel consumption and emissions while offering flexibility with charging and refueling options.
A Hybrid Electric Vehicle (HEV) uses both a fuel engine and an electric motor to power the vehicle, optimizing efficiency and reducing emissions.
The battery is charged through regenerative braking and the engine, eliminating the need for external charging.
HEVs seamlessly switch between power sources for improved fuel economy and performance.