{"id":458657,"date":"2025-01-31T08:29:38","date_gmt":"2025-01-31T03:29:38","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=458657"},"modified":"2025-01-31T08:29:38","modified_gmt":"2025-01-31T03:29:38","slug":"chinese-automotive-giant-signs-agreement","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/chinese-automotive-giant-signs-agreement\/","title":{"rendered":"Chinese automotive giant signs agreement"},"content":{"rendered":"<p>ISLAMABAD: Chinese automotive giant GEELY, along with its subsidiary FARIZON, signed a groundbreaking joint venture agreement with Pakistan\u2019s Habib Rafiq Engineering (HRL Engineering) in Hangzhou, China, to revolutionize Pakistan\u2019s automotive sector. They will be introducing New Energy Vehicles (NEVs) and fostering local manufacturing capabilities. The agreement, signed by Mr. Luis Liu, Business Head at GEELY, and Mr. Imran Zahid, Executive Director of HRL-CSM, establishes plans for the sales and assembly of commercial vehicles. The partnership will facilitate the import of Completely Built Units (CBU) and the establishment of a Completely Knocked Down (CKD) assembly plant in Pakistan. The venture will roll out NEV buses, Light Commercial Vehicles (LCVs), and Heavy-Duty Trucks (HDTs) in multiple phases, paving the way for a sustainable future in Pakistan\u2019s transportation sector, Gwadar Pro reported. DNA <\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Chinese automotive giant GEELY, along with its subsidiary FARIZON, signed a groundbreaking joint venture agreement with Pakistan\u2019s Habib Rafiq Engineering (HRL Engineering) in Hangzhou, China, to revolutionize Pakistan\u2019s automotive sector. They will be introducing New Energy Vehicles (NEVs) and fostering local manufacturing capabilities. The agreement, signed by Mr. Luis Liu, Business Head at GEELY, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-458657","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Chinese automotive giant signs agreement<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/chinese-automotive-giant-signs-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chinese automotive giant signs agreement\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD: Chinese automotive giant GEELY, along with its subsidiary FARIZON, signed a groundbreaking joint venture agreement with Pakistan\u2019s Habib Rafiq Engineering (HRL Engineering) in Hangzhou, China, to revolutionize Pakistan\u2019s automotive sector. They will be introducing New Energy Vehicles (NEVs) and fostering local manufacturing capabilities. 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