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PM Imran Khan to Meet Tesla Executives, is Tesla Coming to Pakistan?

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Now Reading: PM Imran Khan to Meet Tesla Executives, is Tesla Coming to Pakistan?

The speculations around Tesla coming to Pakistan began when the owner of Pakistan Super League (PSL) franchise Peshawar Zalmi and CEO of Haier Pakistan, Javed Afridi, tweeted “TESLA IN PAKISTAN!?” early this month. The nation started wondering if Tesla, the most valuable electric car company in the world, was really going to enter the Pakistani market.

Now, in yet another development, Javed Afridi has reportedly revealed that Prime Minister Imran Khan himself will be meeting with Tesla executives to discuss the launch of electric cars in the country.

The news came from the renowned anchor, journalist, and columnist, Sabir Shakir, through a video clip shared on Javed Afridi’s social media page.

In the video, Sabir Shakir confirmed that Javed Afridi, the renowned business executive, entrepreneur, and a key stakeholder in MG Motors Pakistan, has already done several meetings with the officials at Tesla, Inc.

Tesla, Inc

Tesla, Inc. (formerly Tesla Motors, Inc.) is an American electric vehicle and clean energy company based in Palo Alto, California. Tesla’s current products include electric cars, battery energy storage from home to grid scale, solar panels and solar roof tiles, as well as other related products and services.

It was founded in July 2003 as Tesla Motors, the company’s name is a tribute to inventor and electrical engineer Nikola Tesla. Elon Musk, who contributed most of the funding in the early days, has served as CEO since 2008. According to Musk, the purpose of Tesla is to help expedite the move to sustainable transport and energy.

Tesla

Tesla was also ranked as the world’s best-selling plug-in and battery electric passenger car manufacturer in 2019. It also installed some of the largest battery storage plants in the world in 2019.

However, Tesla has also been the subject of numerous lawsuits and controversies, arising from the statements and the conduct of CEO Elon Musk, allegations of whistleblower retaliation, alleged worker rights violations, and allegedly unresolved and dangerous technical problems with their products.

Pakistan’s Electric Vehicle Future

Pakistan’s new EV policy was introduced by the government last year, in which it had announced a number of benefits and incentives for both interested investors in the local EV sector and potential buyers.

Sabir Shakir also said in his video clip that the world’s largest and most prolific EV maker has already expressed great interest in investing in the Pakistani automotive market. He was also positive about Pakistan’s economy and said that the economy of the country is on a rapid upward trajectory and is likely to yield a number of positive outcomes, especially for the automotive sector.

Javed Afridi has already been campaigning for EVs to be made the norm in Pakistan.

Also as the reports suggest, MG Motors, of which Afridi is a key stakeholder, is also set to introduce the ZS EV in Pakistan, in the first quarter of 2021.

However, the biggest development yet is that PM Imran Khan himself is all set to meet with executives from Tesla and discuss the possibility of the company launching electric cars in the country.

Pakistan’s presence in the electric vehicle space may have been non-existent in the past, but it is now hopefully going in the right direction. With British, Chinese, and American electric vehicle investors already having expressed an intent to enter the Pakistani space, it seems that confidence in Pakistan’s EV future is only growing.

That confidence might have emerged from the seriousness with which the government is treating electric vehicles in recent months. The government has announced its plans to provide significant tax exemptions for electric vehicles in Pakistan. The Economic Coordination Committee (ECC) has also ratified the electric vehicle policy for four-wheelers in the country.

Mir Mohammad Ali Khan, who started an Investment Bank on Wall Street at 29 years also expressed his views about the country’s future on twitter.

Although it seems like a great development in Pakistan’s automotive industry, however, some people are showing their disappointment over Tesla not being cost effective as they are concerned about electricity consumption. They are also asking for Chinese and Japanese electric cars in Pakistan and many other international services like PayPal.

While others are happy and appreciating Javed Afridi on his initiative.

Lets hope PM Imran Khan’s meeting with Tesla executives will bring good news for our country and it will be a positive step in the direction of development in Pakistan’s automotive industry.

Read also: Indian Anchor Arnab Goswami’s Whatsapp Chat About Balakot Attack Leaked

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