By Abdul Qadir Qureshi
(Pakistan News and Features Services)
Way is paved for assembling and later gradual manufacturing of electric cars and bikes in Pakistan with the launching of electric cars by the Dewan Motors Limited (DML), a reputed name in the automobile sector, at a glorious launch ceremony at the Convention Centre of DHA Golf Club on June 4.
The Chairman of Senate, Syed Yusuf Raza Gilani, also a former Prime Minister, was the guest of honour as hundreds of participants from various walks of life celebrated another remarkable achievement by Pakistan.
Speaking on the occasion, he acknowledged and applauded the ground breaking initiative undertaken by the Yousuf Dewan Companies (YDC) in the automotive sector.
He was confident that, based on its reputation and track record, the YDC will not only meet but exceed the expectations, paving the way for Pakistan to become a major player in the global automotive market.
The Senate Chairman extended his support for the ecosystem being incorporated into the automotive industry, particularly the emphasis on sustainability and environmental responsibility.
“As we move towards a greener future, it is imperative that we prioritize eco-friendly practices and technologies,” he emphasized.
“Indeed, the year 2024 marks the beginning of a new era in the automotive industry we applaud Chairman Dewan Yousuf and the YDC for taking the first bold step into this future,” he complimented.
Earlier in his welcome address, Dewan Muhammad Yousuf Farooqui announced the YDC collaboration with KIA of Korea and HORNI of China, two of the global leaders in the automotive and technology sectors respectively.
“This partnership makes a significant milestone in our quest to revolutionize the automotive landscape and pave the way for a sustainable eco-friendly future. We are on the cusp of a transformative journey, one that will not only redefine Pakistan’s automotive industry but also prosper our nation towards a brighter and more sustainable future with the vision of an electric Pakistan-a Pakistan where innovation thrives, where economic growth is fueled by sustainable practices and where we lead the charge towards a greener tomorrow,” he elaborated.
“We are laying the groundwork for a robust infrastructure that will support the widespread adoption of electric vehicles across the country. This includes the establishment of charging stations in strategically positioned throughout Pakistan.
Dewan Yousuf shared that the YDC was building an entire ecosystem, from production to consumption with sustainability at its core.
“We envision Pakistan as a hub for battery manufacturing, leveraging our resources and expertise to produce cutting-edge battery technology. This will not only reduce our reliance on imports but also create employment opportunities and foster technological innovation within our borders,” he hoped.
The memorable ceremony was largely attended by Ambassadors, Consul Generals, and dignitaries from financial institutions and stock exchange besides the movers and shakers from various sectors of automotive sector.
On this occasion, two agreements were also signed for manufacturing batteries for electric cars and establishment of charging stations in Pakistan.
Dewan Motors has launched Honri Ve, its first small electric vehicle (EV) with the collaboration of Eco-Green Motors Limited. The vehicle was revealed during the ceremony and the guests were allowed to inspect its different features.
