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MG Motors Pakistan
MG JW Automobile Pakistan Pvt Ltd operating as MG Motors Pakistan is a Pakistani Car, automobile manufacturer and joint venture between JW-SEZ Group and SAIC Motor, SAIC motors. History MG JW Automobile Pakistan is owned by JW Auto Park, which in turn owned by Javed Afridi. MG JW Automobile Pakistan has signed Memorandum of understanding, Memorandum of Understanding (MoU) with MG Cars, Morris Garages (MG) Motor UK Limited, owned by SAIC Motor to bring electric vehicles in Pakistan. It will establish Electric car manufacturing plant. MG Motors has launched two models namely MG HS, MG ZS and MG ZS, MG ZS EV in Pakistan in 2020. Launching Ceremony Prime Minister Imran Khan inaugurates MG JW Automobile. JW-SEZ Raiwind Board of Investment (Pakistan), Board of Investment (BoI) has approved the MG JW Automobile Pakistan Pvt Ltd to manufacture electric vehicles in country’s first private Special economic zone, Special Economic Zone (SEZ) in Raiwind. Electric Vehicles JW-SEZ ...
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Automotive Industry
The automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industry (economics), industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. The word ''automotive'' comes from the Greek language, Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Ambrose Sperry, Elmer Sperry (1860-1930), first came into use with reference to automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the Brass Era car, horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, ...
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Electric Vehicle
An electric vehicle (EV) is a vehicle that uses one or more electric motors for propulsion. It can be powered by a collector system, with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes charged by solar panels, or by converting fuel to electricity using fuel cells or a generator). EVs include, but are not limited to, road and rail vehicles, surface and underwater vessels, electric aircraft and electric spacecraft. For road vehicles, together with other emerging automotive technologies such as autonomous driving, connected vehicles and shared mobility, EVs form a future mobility vision called Connected, Autonomous, Shared and Electric (CASE) Mobility. EVs first came into existence in the late 19th century, when electricity was among the preferred methods for motor vehicle propulsion, providing a level of comfort and ease of operation that could not be achieved by the gasoline cars of the time. Internal combustion engin ...
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SAIC Motor Joint Ventures
SAIC may refer to: *SAIC Motor, a Chinese automaker formerly named Shanghai Automotive Industry Corporation *School of the Art Institute of Chicago, one of America's largest accredited independent schools of art and design, located in the Loop in Chicago, Illinois *Science Applications International Corporation, an American government contractor ** The former name of Leidos, the company that spun off the current SAIC in 2013 *Scottish Aquaculture Innovation Centre * Single antenna interference cancellation, a promising technology to boost the capacity of GSM networks without any needed change in the network *South African Indian Congress, an organization founded in 1924 in Natal (now KwaZulu-Natal), South Africa * Special Agent in Charge, a detective or investigator for a state, county, municipal, federal or tribal government *State Administration for Industry and Commerce Prior to March 2018, the State Administration for Industry and Commerce (SAIC; ) was the authority in the Pe ...
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Economy Of Lahore
The economy of Lahore has a diversified base spanning from telecommunication, information technology, manufacturing industry, engineering, pharmaceuticals, steel, chemicals and construction material. Gross domestic product , Lahore had an estimated GDP ( PPP) of $84 billion. , the city's gross domestic product (GDP) by purchasing power parity (PPP) was estimated at $40 billion (projected to be $102 billion by the year 2025, with a slightly higher growth rate of 5.6% per annum, as compared to Karachi's 5.5%). The contribution of Lahore to the national economy is estimated to be 11.5% and 19% to the provincial economy of Punjab. As a whole Punjab has $115 billion economy making it first and to date only Pakistani Subdivision of economy more than $100 billion at the rank 144. Industries Lahore is the second largest financial hub of Pakistan and has industrial areas including Kot Lakhpat and the new Sundar Industrial Estate (near Raiwand). A major industrial ...
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Car Manufacturers Of Pakistan
A car or automobile is a motor vehicle with wheels. Most definitions of ''cars'' say that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people instead of goods. The year 1886 is regarded as the birth year of the car, when German inventor Carl Benz patented his Benz Patent-Motorwagen. Cars became widely available during the 20th century. One of the first cars affordable by the masses was the 1908 Model T, an American car manufactured by the Ford Motor Company. Cars were rapidly adopted in the US, where they replaced animal-drawn carriages and carts. In Europe and other parts of the world, demand for automobiles did not increase until after World War II. The car is considered an essential part of the developed economy. Cars have controls for driving, parking, passenger comfort, and a variety of lights. Over the decades, additional features and controls have been added to vehicles, making them progressively more complex. Th ...
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Suzuki
is a Japan, Japanese multinational corporation headquartered in Minami-ku, Hamamatsu, Japan. Suzuki manufactures automobiles, motorcycles, All-terrain vehicle, all-terrain vehicles (ATVs), outboard motor, outboard marine engines, wheelchairs and a variety of other small internal combustion engines. In 2016, Suzuki was the Automotive industry#By manufacturer, eleventh biggest automaker by production worldwide. Suzuki has over 45,000 employees and has 35 production facilities in 23 countries, and 133 distributors in 192 countries. The worldwide sales volume of automobiles is the world's tenth largest, while domestic sales volume is the third largest in the country. Suzuki's domestic motorcycle sales volume is the third largest in Japan. History In 1909, Michio Suzuki (inventor), Michio Suzuki (1887–1982) founded the Suzuki Loom Works in the small seacoast village of Hamamatsu, Japan. Business boomed as Suzuki built loom, weaving looms for Japan's giant silk industry. In 1929 ...
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Electric Vehicle Industry In Pakistan
Pakistan already has a significant market for hybrid vehicles with Honda's Vezel, Toyota's Prius, and Aqua, and other models seen on the roads. The Automotive Development Policy (2016–2021) and the launch of the China-Pakistan Economic Corridor (CPEC) are encouraging foreign investments for new automobile brands to enter Pakistani market, while the leading manufacturers in the automobile industry in Pakistan are interested in introducing electric vehicle (EV) models with a wide range of prices which target consumers of diverse income groups. Several members of the international automobile industry including South Korea, China, and Japan also believe that Pakistan has a high potential market for EV technology, and local businesses are collaborating with them to bring EVs to Pakistan. Market Current players in electric cars and SUVs market Audi Audi launched its e-Tron 50 Quattro in Pakistan in April 2020, making it the first electric car to debut in Pakistan. Audi Pa ...
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MG ZS (crossover)
The MG ZS is a subcompact crossover SUV produced by the Chinese automotive manufacturer SAIC Motor under the British MG marque. Announced at the 2016 Guangzhou Auto Show in China, the MG ZS is the second SUV to be produced under the MG marque after the MG GS. It is positioned below the larger GS or HS, and above the smaller MG 3 hatchback. It is currently the brand's best selling model in international markets. The vehicle notably revives the name previously used for the MG ZS small family car which was produced by MG Rover between 2001 and 2005. Previously, MG planned to use the name MG XS for the vehicle in the United Kingdom to avoid confusion with the previous MG ZS, but this change of name was reverted shortly after its launch in the country. It was also introduced as the MG Astor in India in September 2021. Overview The ZS was launched in China in March 2017. It was also announced at the London Motor Show in May 2017 for the British market, and it was officially sold at ...
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Raiwind
Raiwind ( Punjabi & ur, ) is a town (now promoted to Tehsil Head Quarter) located within union council 149 (Dholanwal) in Allama Iqbal Town of Lahore, Punjab, Pakistan. The town serves as the headquarters of Tablighi Jamaat and hosts the annual Raiwind Markaz Ijtema. Raiwind is also home to Pakistan Railways Junction and Railways Track Workshop and serves as the political base for former Prime Minister Nawaz Sharif. History During the British Raj, Raiwind was a tehsil of Lahore District. The town also became notable when a junction was built by the North Western State Railway between the Karachi–Peshawar Railway Line and Lodhran–Raiwind Branch Line. Before the Ferozepore-Bhatinda Railway opened, it was an important centre of the local trade in agricultural produce and had two cotton-ginning factories and a cotton-press, which employed around 203 people. Following independence in 1947, the railway links eastwards were no longer functional. Ch. Said Rasool was appointed ...
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Special Economic Zone
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being l ...
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Board Of Investment (Pakistan)
Board of Investment (BOI) ( ur, ) is the premier investment promotion agency of Pakistan working under the administrative control of the Prime Minister’s Office and is mandated to promote and facilitate both local & foreign investment. The Board of Investment is a member of the World Association of Investment Promotion Agencies (WAIPA). Pakistan offers a variety of attractive opportunities for both local & foreign investors. The country is geo-strategically placed at the crossroads of Asia; in geographical terms it is strategically located among landlocked central Asian states, thriving China, resource rich Middle East and huge markets of South East Asia. It has been a center of attraction for the developed economies to invest for lucrative returns. There are ample reasons for the business community to opt for Pakistan having business friendly environment and liberal economic policies to growing infrastructure. Ease of doing business According to the World Bank’s Doing Bu ...
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