Mega Motor Company Secures Financing from BII for Pakistan's First Large-Scale NEV Plant
INDUSTRIAL IOT
Mega Motor Company (MMC) has signed a financing agreement with British International Investment (BII) to establish Pakistan's first large-scale NEV manufacturing plant. BII will provide long-term financing covering 25% of the project's total cost. The facility is expected to be operational by H2 2026, aiming to enhance clean transport and create over 1,100 jobs while avoiding an estimated 165,000 tonnes of CO₂ emissions by 2034.

Feb 26, 2026, 3:56 PM