Nishat Group and LUXEED sign strategic MoU to bring Premium New Energy Vehicles to Pakistan
Nishat Group, one of Pakistan’s largest and most established business groups, and premium new energy mobility brand LUXEED have signed a strategic cooperation agreement in Wuhu. Under the agreement, the two sides will combine their strengths and resources to introduce the LUXEED brand in Pakistan, advancing the country’s new energy mobility ecosystem through technology integration and local synergy. The signing ceremony was attended by senior representatives of both companies.
Nishat Group: A group that has shaped Pakistan’s economy
Nishat Group is one of the pillars of Pakistan’s private sector, with deep roots in textiles, cement, banking, insurance, power and agriculture. Over decades, it has built a reputation for refined operations, long-term investment and the ability to move decisively when the market changes. Its portfolio spans the full chain of manufacturing, finance and energy, giving it the resource integration capability and market reach that few groups in the country can match.
That strength is already visible in the automotive sector. Through NexGen Auto, Nishat........
