LUMS and USAID Launch Report on Electric Vehicles in Pakistan - Press Release issued by Lahore University of Management Sciences.

Lahore -- November 11, 2021 (PPI-OT)

Following is the text of press release issued by Lahore University of Management Sciences (LUMS)

Quote

U.S. Consul General in Lahore William K. Makaneole visited LUMS on November 10, 2021, for the launch of the report, 'Electric Vehicles and Battery Market Assessment'. This report is a joint project between the LUMS Energy Institute and USAID. Also present at the launch were Ms. Jenna Diallo, Director, Office of Energy, USAID; Rector, LUMS, Mr. Shahid Hussain; Vice Chancellor, LUMS, Dr. Arshad Ahmad, and Dr. Naveed Arshad, Director, LUMS Energy Institute.

The report outlines how the transport sector in Pakistan has seen a significant increase and showcases the potential for partnerships and investment opportunities in the electric vehicle industry. The Energy Institute has been at the forefront of designing Pakistan's EV policy, supported by USAID.

"We believe U.S. and Pakistani companies can partner to bring high-quality electric vehicles and technologies to Pakistan to kickstart the electric vehicle market," Consul General Makaneole said. This report will help public and private sectors make smart investment decisions, he added.

Vice Chancellor of LUMS, Dr. Arshad Ahmad acknowledged USAID's support to the University and said, "It is through these collaborations...