ISLAMABAD: In a significant development, which took place , Daewoo Express Pakistan, Skywell China, and Hitachi ABB Power Grids Sweden reportedly signed a Memorandum of Understanding (MoU) to launch Electric Buses in Pakistan.

As per a media report, the MoU entailed that the three parties shall jointly set up a complete EV charging infrastructure and a value chain of electric buses and Electric Vehicles (EVs) in Pakistan to manufacture, assemble, and sell the vehicles in Pakistan and then export them to other countries.

The meeting was conducted through a live video call, which saw the participation of Governor Punjab, Chaudhry Muhammad Sarwar, and the ambassadors of the People’s Republic of China, South Korea, Switzerland, Sweden, and Japan