Zi Solar Pvt Ltd is going to achieve another landmark in the field of renewable energy solutions, as they have signed an exclusive partnership with a Korean global leader called Aeonus Co Ltd. Their aim is the installation of electric vehicles(EV) charging and storage equipment in Pakistan.
Both companies aim to work on the electric charging infrastructure and mutual research as well. They also wanted to facilitate it in Pakistan with the cooperation of the government to provide EVs as an environmentally friendly vehicle and it would also help in the reduction of oil import bills. They put a plan for the formation of a local EV market with 30% and 90% shares in passengers vehicles, and by 2030 and 2040 introduce heavy-duty trucks.
The business director of Zi Solars, M.Bilal Zaigham and CEO of Aeonus, Eun Heo attended the documentation signing ceremony in the office of the Korean trade and investment cooperation agency in Karachi. Zi Solar director and founding chairman attended it virtually from Qatar and the US.
Bilal Zaigham said that EV is wangling ground in Pakistan and it is an efficient charging solution. He remarked on this partnership as an achievement in strengthening the growth of EVs in Pakistan. Moreover, he added that Zi Solar has achieved a distinct position in the provision of renewable energy-related solutions and technologies in a short span. They aimed at strengthening EV growth and manufacturing infrastructure in Pakistan.
Under this partnership, they would work on the establishment of EV charging infrastructure, charging outlets and construction of an electric energy storage system (EESS) in Pakistan to ensure a long-lasting and well-organised system.