08/06/2022
The ‘Gauss Auto Group,’ a Chinese corporation, has announced to construct electric vehicle (EV) plant in Pakistan’s special economic zone near Port Qasim in Karachi.
The company would enter into a Joint Venture (JV) with AKD Group Holdings (Pvt.) limited and set up the plant near Port Qasim, Karachi on around 1000 acres of land.
The delegation highlighted their intention to export their locally produced EVs from Pakistan to other countries. BOI leadership encouraged Gauss Auto Group to invest in the auto sector of Pakistan and extended maximum support and facilitation to the company.
It is pertinent to mention here that Gauss Auto is an enterprise focusing on the innovation and development of automobiles and the integration of resources. The company is registered in Silicon Valley, California, and operates in Shanghai, China.
