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Pakistani cement maker to enter mass-market EV segment through Chinese imports
Thatta Cement, a Pakistani cement maker, plans to enter the country’s electric vehicle (EV) market through a wholly owned subsidiary, initially importing completely built-up (CBU) electric vehicles from China. Thatta Cement, involved in the manufacturing and marketing of cement and also owns Thatta Power (Private) Limited, disclosed the development in a filing to the Pakistan Stock Exchange (PSX) on Thursday. “The EV market in Pakistan is witnessing rapid growth, driven by increasing consumer interest, the entry of new international and domestic brands, and the introduction of various governme...
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