The lithium battery plant will focus on producing lithium iron phosphate (LFP) batteries for electric vehicles (EVs) and solar energy systems, with an annual capacity projected at 120,000 batteries. The project is anticipated to create approximately 250–300 jobs, contributing to local economic development. Meanwhile, the automotive market in Pakistan is witnessing a significant shift, as petroleum-based car sales have dropped by around 9%, while electric vehicle sales surged by 61% in March 2026. This trend indicates a growing consumer preference for sustainable and cost-effective transportation options, driven by rising fuel prices and increased availability of EV models.
BUSINESSPublished 25 Apr 2026 • Published 8h ago
Crown Group to Establish Lithium Battery Plant in Karachi
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Crown Group is set to launch a lithium battery manufacturing plant at Port Qasim in Karachi, expected to be operational within one to two months and producing 5,000 to 8,000 batteries monthly. This initiative aligns with Pakistan's transition towards clean energy and electric mobility amidst rising energy costs.
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