A Russian tech firm called Nano Tubes has shown interest in investing in Pakistan.
The firm has expressed interest in Pakistan’s electric vehicle industry.
Press Information Department (PID) has shared a statement from the delegation of a private Russian company led by Mr. Kim called on Federal Minister on Climate Change Malik Amin Aslam on Wednesday.
During the conversation, Mr. Kim shared that Nano Tubes has been using all sorts of material to enhance conductivity.
He further added that their product is microscopic and is widely used in electric batteries, LED screens, solar panels, construction material, tires, plastics, clothes, and conductors.
Malik Amin Aslam was pleased to further discuss this opportunity and said that an electric vehicle policy was on cards.
We want to make Pakistan hub for right-hand-drive electric vehicles all across the world. Proposed policy will offer tariff incentives in order to make EV prices at par with conventional vehicles -Malik Amin Aslam
Malik added, “Pakistan is a huge market for two and three-wheelers and there is immense potential for investment.”
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