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Lucky Motor signs EV deal with China’s GAC to enter Pakistan auto market

March 31, 2026
in Markets
Lucky Motor signs EV deal with China’s GAC to enter Pakistan auto market
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Lucky Motor Corporation (LMC), a Pakistani automobile manufacturer and distributor, has inked an exclusive partnership agreement with China’s Guangzhou Automobile Group Co., Ltd. (GAC).

Under the agreement, LMC, a subsidiary of Lucky Cement, has the right to introduce GAC’s new energy vehicle (NEV) brands, including Aion and Hyptec, in Pakistan, read an official statement.

GAC Group has been a Fortune 500 company for the past 13 consecutive years and ranked No. 1 in JD Power China’s vehicle quality ranking (IQS) for the last eight consecutive years.

GAC is a Chinese state-owned enterprise and widely recognised for producing Toyota and Honda vehicles for the Chinese market and its high degree of vertical integration for its own brands under Hyptec, Aion and GAC under the ONE GAC umbrella.

As per the official statement, GAC’s NEV brands Aion and Hyptec are among China’s leading electric vehicles and have consistently ranked within the country’s top-10 best-selling NEV brands over the past five years.

“This strategic partnership will enable LMC to offer Pakistani consumers robust build quality and competitively priced NEVS backed by advanced battery technology while also supporting long-term sustainability through battery lifecycle management and commercial battery swapping stations,” read the statement.

Pakistan’s leading conglomerate warns of rising competition from Chinese auto brands

LMC further announced the commercial rollout plan in the coming weeks, along with product portfolio, technology plans and dealership network.

“This collaboration is of strategic importance for both LMC and GAC. It reflects our long-term commitment to industrial growth, technology transfer, and quality-centric automotive ecosystem through partnerships with globally respected manufacturers,” Muhammad Ali Tabba, Chairman, LMC and Lucky Group.

“We are truly excited to be an exclusive partner of GAC Group,” said Muhammad Faisal, CEO of LMC.

“This collaboration allows us to bring quality-centric world-class vehicles to Pakistani consumers, backed by LMC’s strong after-sales support. We believe this marks a transformative step in expanding sustainable mobility choices for Pakistani consumers,” he added.

Meanwhile, Wang Shunsheng, Vice President and President of the Asia-Pacific Regional Center, GAC International, said that GAC’s partnership with Lucky Group is a result of natural affinity.

“We have strong confidence in Lucky Motor Corporation’s capabilities, their local expertise, and their long-term vision.

“Pakistan is an important growth market, and through this partnership, we are committed to expanding rapidly, introducing NEVS with advanced technologies, and delivering exceptional value to customers,” said Shunsheng.

The company was of the view that the alliance signals a strong commitment to accelerating Pakistan’s transition toward sustainable mobility while supporting localisation, employment generation, and long-term industrial development.

Tags: AionAsia Pacific Regional Centerauto sectorCEOChinaGACGAC GroupGAC InternationalGuangzhou Automobile Group Co.HondaHyptecLMCLtd.Lucky CementLucky GroupLucky Motor CorporationMuhammad Ali TabbaMuhammad FaisalPakistanPakistan auto sectorShunshengToyotaVice PresidentWang Shunsheng
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