business / news / / BOL News
Toyota has announced plans to invest $300 million in the country over the next five years.
Toyota will invest $300 million in Pakistan over the next five years.
KEY POINTS
- Around 60 percent of Indus Motor Company's vehicle parts are now locally manufactured.
- Pakistan's large vehicles currently face taxes as high as 60 percent.
- Pakistan lacks sufficient EV charging infrastructure to support large-scale electric vehicle adoption.
- Indus Motor Company has saved $6.5 billion in foreign exchange via local vehicle production.
COMPANIES
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