Master Motor Corporation and Yutong Bus Company signed an MoU to establish a joint venture for manufacturing and assembling Yutong’s new energy city buses in Pakistan.
The venture, Yutong Master, will create a greenfield plant, becoming the first company to produce city buses locally. Yutong’s hybrid and electric New Energy City Buses will enhance public transport, aligning with government infrastructure goals.
The MoU was signed by Master Motor’s Danial Malik and Yutong’s Huang Yuanchao at the Pakistan Shenzhen Business Conference on June 5, 2024, during PM Shahbaz Sharif’s China visit, aiming to boost economic activity.
