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Chinese EV Giant Skywell to Establish 75-Acre EV Plant in Punjab
- Punjab Industries & Commerce Department signed an MoU with China’s Skywell for an EV plant.
- The agreement involves a 75-acre plant within Punjab’s Special Economic Zone.
- The MoU was signed at the Punjab Small Industries Corporation Office.
- Skywell plans to produce various EVs for local and export markets.
- Minister Hussain highlighted the government’s support for a clean transport system.
- The Punjab government aims for industrial growth and job creation in the EV sector.
- Skywell's CEO mentioned exporting EVs manufactured in Punjab.
- The collaboration could position Punjab as a hub for electric mobility.
- The partnership combines innovation, green tech, and economic growth.
- The investment aims at promoting a sustainable transport system.
- New projects like this will create job opportunities in Punjab.
- The region provides a supportive environment for local and foreign investors.
- Skywell plans to manufacture a wide range of electric vehicles.
- The firm aims to cater to local and export markets with its EV production.
- The initiative focuses on establishing a plant for EV assembly.
- The project aligns with Chief Minister Maryam Nawaz Sharif's strategies for industrial growth.
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