Millat Signs Cooperation Agreement with China’s XDAO to Accelerate Electric Motorcycle Localization in Pakistan

Millat Industrial Products Limited (MIPL), a subsidiary of Millat Tractors Limited (MTL), has entered into a cooperation agreement with China’s Xiao Dao (XDAO) to boost electric mobility in Pakistan. This partnership, as stated by MIPL Chairman Sikander Mustafa Khan, involves technology transfer, focusing particularly on lithium iron phosphate (LFP) battery technology and the localization of key components and parts of electric motorcycles.

This move aligns with Pakistan's Prime Minister's electrification policy, aiming to decrease the nation's import bill by encouraging local production, lessening dependence on imported parts, and preserving foreign exchange. Through this agreement, MIPL aims to expedite the local production of electric motorcycles and eventually export these products to global markets, thereby contributing to industrial growth and export expansion in Pakistan.

The Engineering Development Board (EDB) played a crucial role in facilitating this project, offering essential support and guidance. By combining XDAO's international technology with Pakistan's manufacturing prowess, MIPL aspires to cultivate a sustainable electric mobility system and bolster the country's engineering and automotive sector.