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US to establish e-Mobility Research and Development Center at LUMS

It will provide advancements in locally-designed electric vehicles

02:29 PM | 14 Mar, 2023
US to establish e-Mobility Research and Development Center at LUMS
Source: Lahore University of Management Sciences (LUMS)

LAHORE – Officials from the United States government and the Lahore University of Management Sciences (LUMS) have announced an upcoming partnership to upgrade the electric vehicles research and development center at LUMS, Lahore.

This research and development center will provide advancements in locally-designed electric vehicles with the goal of promoting more widespread use across Pakistan’s public and private sectors.

At the event held at LUMS, US Assistant Secretary of State for Energy Resources Geoffrey Pyatt paid tribute to the long history of collaboration between the United States and Pakistan. “This research and development center is another milestone and an example of how the US-Pakistan ‘Green Alliance’ is partnering to advance Pakistan’s clean energy initiatives.”

USAID Mission Director Reed Aeschliman and Acting Consul General Kathleen Gibilisco accompanied the Assistant Secretary as he announced this support for LUMS.

Present at the event were representatives from LUMS, the EV private sector, and USAID’s Power Sector Improvement Activity (PSIA).

LUMS Vice Provost, Dr. Tariq Jadoon and Vice Chancellor, Dr. Arshad Ahmad, offered words of appreciation for the US government’s on-going support in building a clean, efficient, and reliable energy sector in Pakistan, and for laying a strong foundation for sustainable and inclusive growth in the country.

Daily Pakistan Global Web Desk

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PKR exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 13 April 2024 Forex Rates

Pakistani currency remains largely same against US dollar and other currencies in open market on April 13, 2024.

US Dollar rate in Pakistan

On Saturday, the US dollar was being quoted at 277.4 for buying and 280.65 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 12 April 2024

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