Upcoming KA Hanteng Motors In Pakistan
Goverment of Pakistan has granted classification A Greenfield Investment status to KA Hanteng Motor Company Pvt. Ltd., under automotive development policy 2016-21 which will bring a investment of about $50 million in auto division. M/s KA Hanteng Motor Company Pvt. Ltd has held hands with a famous Chinese vehicle producer M/s Hanteng Automobile Co. Ltd., to start manufacturing passenger cars & SUVs. Joint venture will setup a get together plant with an ability to assemble 15000 units for each year. Organization likewise plans to present Hybrid Cars and SUVs in not so distant future. The joint endeavor understanding which was marked in May this year in Shangrao, China additionally covers innovation exchange, creation of electric and half and half vehicles.
In the wake of consenting to the arrangement, KA Hanteng Motors will entirely pursue all conditions set down in Notifications No. 2(9)/2013-LED-II dated second June 2016.
This venture will open more entryways for Chinese car organizations to contribute inside the nation. The brand means on getting half and half vehicles and SUVs the not so distant future.
Hanteng Pakistan site demonstrates the X5 SUV and X7S SUV in both gas and crossover subordinates.