Islamabad: In a significant move toward sustainable transportation, Minister for Finance Muhammad Aurangzeb announced BYD’s entry into the Pakistani market, marking a major shift towards eco-friendly automotive solutions. This announcement was made at the BYD brand launching event in Islamabad, where the Minister delivered a keynote address emphasizing the government’s commitment to green technology.

According to Ministry of Information and Broadcasting, BYD, a leader in electric vehicles and renewable energy solutions, is set to introduce its cutting-edge technology to Pakistan. Minister Aurangzeb highlighted BYD’s role not just in bringing new vehicles to the market but in spearheading a sustainable future aligned with Pakistan’s environmental goals and energy efficiency standards.

The Minister underscored the government’s support for such initiatives, which are expected to boost the local economy by creating jobs and advancing technological capabilities within the automotive sector. He also pointed out that BYD’s presence could significantly enhance Pakistan’s export potential in the electric vehicle market, supporting national strategies aimed at increasing high-tech exports and reducing trade imbalances.

Furthermore, Minister Aurangzeb stated that collaborative efforts between the government and industry stakeholders are essential for introducing innovations that contribute to the country’s sustainability objectives and economic stability in the future.