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Toyota set to roll out electric tricycle in Pakistan
Business
December 17, 2020
TOKYO: Toyota is all set to introduce electric tricycles in Pakistan to meet the demand of low-cost and fuel-efficient transport mode in the country with growing auto market demand.
An agreement between Hiroyuki Toyoda, chairman of T-Trike Company – a subsidiary of Toyota Motors – and Rana Abid Hussain, president of Pak-Japan Business Council, was recently signed for the distribution rights of electric tricycles.
Hussain told The News that initially 3,000 electric tricycles would be introduced in Pakistan, while in the next phase the electric bicycle will also be manufactured locally for which talks are underway.