Millat Tractors Limited (MTL) has announced a significant strategic collaboration through a Memorandum of Understanding (MOU) with a leading Chinese Electric Bikes (E-Bikes) manufacturer for the assembly, manufacturing, and marketing of E-Bikes in Pakistan.
- The MOU signifies Millat's entry into the electric mobility sector, aligning with the Government of Pakistan's National Electric Vehicle (EV) Policy 2025-30.
- This partnership aims to diversify Millat's product portfolio and support the transition to sustainable transportation in the country.
- The collaboration reflects a commitment to innovation and sustainability in the automotive industry.