/ Jun 13, 2026

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Pakistan EV Market

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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