Electric bus JV signed with Chinese group

According to The Express Tribune, GU GO Motors has entered into a memorandum of understanding with Shengtang Group to explore a joint venture for producing electric buses in Pakistan. The pact was signed in Islamabad at an event commemorating the 77th anniversary of China's founding. The venture has yet to be finalised, as the document covers only a proposal.

Haroon Akhtar Khan, the prime minister's adviser on industries and production, attended as chief guest and described the bilateral friendship as long standing and built on trust. He said the coming phase should convert that goodwill into factory investment, technology sharing and larger exports. About 150 dignitaries and a 14-member Chinese business delegation attended the event.

The proposed partnership is intended to bring in technology, build domestic manufacturing skills and produce vehicles ready for export under the Made in Pakistan label. Khan also argued that electric mobility could widen the manufacturing base and deepen local supply chains, moving the country toward higher-value output.