KARACHI, June 19 (INP): Chinese bus manufacturer Yutong and Master Motor have entered a joint venture for the local production of new energy city buses in Pakistan. According to an official statement issued by Master Motor, a memorandum of understanding was signed to locally manufacture and assemble the energy city buses in Pakistan. Under the agreement, Yutong Master will set up a new greenfield plant for the operation and will become the first and only company to produce city buses in the country. Yutong’s new energy city buses are available in hybrid and electric powertrains and aim to meet the needs of public transport across Pakistan, supporting government efforts to upgrade transportation infrastructure.  

The MoU was signed by Danial Malik, Director of Master Motor, and Huang Yuanchao of Yutong at the Pakistan Shenzhen Business Conference on June 5, 2024.The conference aimed to foster new business opportunities and stimulate economic activity in Pakistan. Yutong, the world’s largest bus manufacturer, has led the global market for nine years, holding over 15% global and 36.1% Chinese market share. Established in 2013, Yutong Master quickly became the leading bus manufacturer in Pakistan, serving as a trusted partner for public and private fleet users, Gwadar Pro reported.

Credit: Independent News Pakistan (INP) — Pak-China