Clover Pakistan Secures Exclusive EV Charger Distribution Rights
Clover Pakistan Limited has signed an exclusive distributorship and stockist agreement with UK-based CITA-UK for electric vehicle chargers and related equipment in Pakistan.
The company disclosed the development to the Pakistan Stock Exchange on Wednesday.
Exclusive Rights Cover Entire Pakistani Market
Under the agreement, Clover Pakistan will act as the sole distributor and stockist for CITA-UK’s portfolio of EV chargers, charging accessories and related equipment.
The arrangement grants the company exclusive rights to market and distribute CITA-UK products across Pakistan.
Partnership Supports Green Energy Expansion
The company said the agreement aligns with its strategy to diversify into green energy and sustainable technology sectors.
The partnership marks Clover Pakistan’s formal entry into the country’s rapidly developing electric vehicle infrastructure market.
CITA-UK Brings Smart Charging Solutions
CITA-UK specialises in smart EV charging solutions designed for residential, workplace and commercial applications.
Its product portfolio includes both AC and DC chargers catering to a range of electric vehicle charging requirements.
PSX Filing Confirms Strategic Partnership
The announcement was made in accordance with Sections 96 and 131 of the Securities Act, 2015, and the relevant Pakistan Stock Exchange regulations.
Clover Pakistan, a listed company engaged in the distribution of petroleum products, lubricants and auto-care products, operates as a subsidiary of Fossil Energy (Private) Limited.
The agreement positions the company to play a growing role in supplying EV charging infrastructure as Pakistan gradually expands its electric mobility ecosystem. Further commercial details were not disclosed in the filing.