✨ Buckle up, folks! 🎙️ Our CEO, Ali Moeen Malik just hit the airwaves as a guest on Local Talks, and it's a ride you won’t want to miss! Ever wondered how ezBike shifted gears from a wild scooter sharing idea to revolutionizing the 2-wheeler EV landscape? Or what it’s like to dodge challenges while steering a startup? Get the inside scoop on our journey, hear about the bumps along the road, and enjoy some laughs with us as Ali Moeen Malik chats about transforming the electric mobility landscape. 😄 🛵 ⚡ Tune in to the full episode on Local Talks and let us know your favorite part! #Leadership #EVRevolution #StartupLife #Innovation #Podcast #ezBike #RideAlong
🎥 Check out the highlights from our conversation with Ali Moeen Malik, the founder of EzBike. We explore the entrepreneurial journey, challenges, and successes that are shaping the startup culture in Pakistan. Watch the full podcast on YouTube for an in-depth discussion! https://lnkd.in/d8cjxrNP
Business Development Manager || Automotive|| Middle East & Africa|
2moPakistan's motorcycle industry experienced a boom in 1998, with three Japanese brands dominating the market. Over time, the industry grew, and numerous entrepreneurs ventured into manufacturing, setting up assembly lines and claiming to be manufacturers. However, by 2018, the industry faced a decline due to intense competition, where everyone followed the same approach, leading to a race to the bottom. This resulted in widespread unemployment among those associated with the industry. In 2020, the introduction of electric vehicles (two-wheelers) in Pakistan led to a new trend, where most companies, except a few, relied on a single Chinese manufacturer for products and batteries, assembling and selling them locally. Similarly, Pakistan's auto industry experienced growth in 2001, but the lack of research and development led to a D-F. The industry's decline resulted in unemployment and a lack of innovation. It is crucial for companies to invest in R&D and develop their products, rather than following the same approach as others. It is commendable that some companies are now focusing on e-commerce and investing in R&D to improve their products. It is hoped that others will follow suit and prioritize innovation and self-improvement.