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US investors explore EV sector in Pakistan

US investors explore EV sector in Pakistan Envoy says technology transfer, easy access to American markets a must to boost trade Automakers have invested substantial sums in electric vehicles. PHOTO: REUTERS FAISALABAD: Technology transfer with easy and duty-free access to American markets is a must in a bid to achieve a quantum jump in bilateral trade and in this connection serious efforts are being made by both sides, said US Consul General in Lahore Catherine Rodriguez. Speaking at a Zoom meeting with Faisalabad Chamber of Commerce and Industry (FCCI) President Hafiz Ihtasham Javed, she said that some American investors were exploring opportunities to assemble electric vehicles (EV) in Pakistan.

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