/ Jul 08, 2026
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electric bikes Pakistan

Millat Tractors e-bike project receives Rs1.5 billion financing support as the company expands into Pakistan's electric mobility sector

Millat Tractors Eyes Electric Mobility, Approves Rs1.5bn Support for e-bike Project

KARACHI: Millat Tractors Limited (MTL) has made a significant move into Pakistan’s nascent market for electric mobility with the shareholders’ acceptance of a financing package valued at up to Rs1.5 billion for the development of an electric bicycle being undertaken by its subsidiary firm, MIPL. The approval was part of an Extraordinary General Meeting (EGM) ... Read more
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Millat Tractors Bikes Limited enters Pakistan EV bike market through Chinese electric bike joint venture

Millat Tractors Enters Into Pakistan’s EV Bike Market With Chinese Giant

KARACHI: Millat Tractors Bikes Limited a wholly owned subsidiary of Millat Tractors Limited has entered Pakistan’s rapidly growing EV bike market after signing a strategic joint venture with a Chinese electric bike manufacturer for local production and assembly.. This is perhaps one of the largest diversifications that the company has undertaken in recent times. It ... Read more
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