In recent news, Pakistan and Korea are set to change the landscape of the electric vehicle through a partnership between Zi Solar, a leading renewable energy solution provider in Pakistan, and Aeonus, a Korean global leader in renewable energy. Both companies will be working together to maintain the deployment of electric vehicles throughout the country and the respective storage components. This further includes the research and development to further promote the electric charging infrastructure.
The official signing ceremony took place at the office of Korea Trade-Investment Cooperation Agency in Karachi where the document was signed by M. Bilal Zaigham, Director of Business from Zi Solar, Mohammad Farooq, CEO of Zi Solar, Daniel from Aeonus, and Eun Heo, CEO of Aeonus. Zaigham Hassan, Director of Zi Solar, and Zaigham Mahmood Rizvi, founding chairman of Zi Solar.
This partnership will profoundly reduce the dependency on the previous sources of energy and also reduce the oil import bill. The collaboration will also support the Pakistan Electric Vehicles Policy 2020-2025 which primarily focuses on a 30 percent and 90 percent share in passenger vehicles and heavy-duty trucks by 2030 and 2040 respectively.
According to Bilal Zaigham, in order to make the trend of electric vehicles a sustainable one, there is a requirement for a reliable efficient charging solution and the respective equipment, and that the partnership with Aeonus would help Pakistan achieve that goal.
Moreover, Eun Heo, CEO of Aenous, stated the following:
“We are proud to select Zi Solar as our exclusive partner to provide renewable energy solutions in Pakistan. Aeonus is empowering communities to build a safer and better society by providing innovative technology solutions to tackle the effects of global climate change. The provision of modern electric vehicle charging equipment and solutions based on Korean technology to Pakistan also reflect our commitments.”