LAHORE: Two new entrants are set to enter Pakistan’s automobile sector from China namely LIFAN and Beijing Automobile Works (BAW).
An official of the defunct Engineering Development Board (EDB) was reached out for comment by PakWheels and confirmed both BAW and LIFAN had applied to enter the country’s burgeoning automobile sector.
The official shared BAW had applied for Greenfield status and Cavalier Autos was their domestic partner.
Once the appropriate authorities give go-ahead to both the companies, they would be able to build their assembly plant in Pakistan.
Both BAW and LIFAN are originally expected to launch light commercial vehicles in Pakistan.
Also, the official shared Haier Group is also planning to enter the auto fray by launching passenger vehicles and its application was currently under review.
The official shared there was a possibility for Ford could also come enter Pakistan’s automobile sector.
Lifan Industry (Group) Co Ltd engages in the research and development, production, and sale of automobiles, motorcycles, and engines in China.
BAW engages in developing, manufacturing, and supplying light off-road vehicles and trucks for military and civilian markets. It offers commercial and special vehicles, such as military and civilian light off-road vehicles, light and middle trucks, amphibious vehicles, sports utility vehicles, mini-buses and ambulances, military cars, and special off-road vehicles.
