{"id":20698,"date":"2024-11-02T07:19:38","date_gmt":"2024-11-02T07:19:38","guid":{"rendered":"https:\/\/theasiantelegraph.global\/?p=20698"},"modified":"2024-11-02T07:19:39","modified_gmt":"2024-11-02T07:19:39","slug":"hub-power-invests-in-lithium-mining-under-sifc","status":"publish","type":"post","link":"https:\/\/theasiantelegraph.global\/?p=20698","title":{"rendered":"Hub Power invests in lithium mining, under SIFC"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"850\" height=\"478\" src=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/11\/19727542541730525071.jpg\" alt=\"\" class=\"wp-image-20699\" srcset=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/11\/19727542541730525071.jpg 850w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/11\/19727542541730525071-300x169.jpg 300w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/11\/19727542541730525071-768x432.jpg 768w\" sizes=\"(max-width: 850px) 100vw, 850px\" \/><\/figure>\n\n\n\n<p>Islamabad : Hub Power Company has made investment in lithium mining and battery manufacturing under the facilitation of Special Investment Facilitation Council.<\/p>\n\n\n\n<p>In this regard, Hub Power Company Limited is launching projects to meet the growing demand for batteries, which are expected to be completed in twelve to eighteen months.<\/p>\n\n\n\n<p>Lithium is a metal used in the rechargeable batteries of mobile phones, laptops, digital cameras and electric vehicles.<\/p>\n\n\n\n<p>Hub Power Company Limited&#8217;s exploration of lithium in Pakistan could further increase the manufacturing potential in the country&#8217;s auto industry.<\/p>\n\n\n\n<p>Meanwhile, work on establishing manufacturing plant to produce electric vehicles in Pakistan is already underway, which will manufacture fifty thousand electric vehicles annually.<\/p>\n\n\n\n<p>Thirty to forty percent of the electric vehicles, manufactured under the project, will be allocated for export to Australia and various countries in Africa.<\/p>\n\n\n\n<p>Apart from this, a reputed company of China, BYD, has also signed an agreement to set up a plant for assembling electric vehicles in the Pakistani market with the cooperation of Mega Motor Company Limited, which is affiliated with Hub Power Company.<\/p>\n\n\n\n<p>The business-friendly policies of the SIFC have significantly increased investor confidence, resulting in the enhancement of local and foreign investment in various sectors of Pakistan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad : Hub Power Company has made investment in lithium mining and battery manufacturing under the facilitation of Special Investment Facilitation Council. In this regard, Hub Power Company Limited is&hellip; <\/p>\n","protected":false},"author":8,"featured_media":20699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,16],"tags":[1863,533],"class_list":["post-20698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main-stories","category-technology","tag-hub-power-company-limited","tag-special-investment-facilitation-council-sifc"],"_links":{"self":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/20698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20698"}],"version-history":[{"count":1,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/20698\/revisions"}],"predecessor-version":[{"id":20700,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/20698\/revisions\/20700"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/media\/20699"}],"wp:attachment":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}