key milestones
2012
2013
2014
2015
2016
2017
2018
2019
2021
2012
- Joint venture agreement signed between Atlas Group and Denso Corporation Japan in August, 2012.
- The Company signed a Technical Assistance Agreement with Denso Corporation Japan in December, 2012.
- The Company is incorporated as a private limited company under the name of “Atlas Hitec (Private) Limited”.
2013
- The Company commences its commercial operations.
2014
- The Company starts production of ACG CD70 and CG125 in March, 2014.
- The Company starts production of CDI CG125 in May, 2014.
2015
- The Company starts production of ACG PRIDOR in March, 2015.
2016
- ACG Sensor Assy localized from August, 2016.
- The Company incurs investment in November 2016 and increases its ACG annual production capacity from 900,000 units to 1,400,000 units.
- ACG CD70 charge coil localized from November 2016.
2017
- The Company starts production of CDI for new model CB150F in January, 2017.
- The Company starts production of Regulator rectifier in January, 2017.
- ACG CD70 charge coil localized from February, 2017.
ACG Pridor charge coil localized from May, 2017. - The company installs Solar Power System to cover 20% of energy needs.
2018
- The Company signed a Technical License Agreement with Chongqing Gongcheng Investment Co. Limited in September, 2018.
- The Company signed a Memorandum of Understanding with Chongqing Gongcheng Investment Co. Limited in November, 2018 for investment in Atlas GCI (Pvt) Ltd.
2019
- The Company installs a new production line for ACG CB125F and ACG CG125S in November, 2019.
- The Company made investment of PKR 120 million in Atlas GCI (Private) Limited representing 40% holding.
2021
- The Company starts production of ACG CB125F and ACG CG125S in September, 2020.