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KARACHI: Master Changan Motors Limited has unveiled its electric vehicle brand in Pakistan, launching the Deepal L07 sedan and Deepal S07 SUV at Dolmen Mall Clifton in Karachi on Friday.

The vehicles are available for pre-booking with prices starting at Rs15.5 million for the L07 and Rs16.5 million for the S07.

The company has also announced plans to invest $50 million in the entire EV value chain, including establishing charging infrastructure across Pakistan.

The company said CKD manufacturing could begin in eight to 10 months. Both cars have a range of around 500 kilometres in a complete charge that can take up to four hours.

CEO says Danial Malik says $50 million to be invested in the entire EV value chain including charging infrastructure

“Deepal is a collaboration of Huawei, battery company CATL, and Changan,” Master Changan CEO Danial Malik todl Business Recorder at the sidelines of the event.

“Over the next two years, Master Changan will be investing $50 million across the EV value chain. We will be launching four models over the next two years in multiple different segments.”

Company’s Director Sales and Marketing Shabiruddin said 59% of Pakistan’s energy consumption comes from fossil fuels.

“EV solves three problems – controls pollution, oil imports and supports climate change efforts.”

Comments

200 characters
mustafa Aug 16, 2024 06:57pm
import and sell. Deplete Dollar. and they were having problem with JDM where taxes were 50% plus.. now they are importing cheap quality stuff and paying less tax ...
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ANJUM Rabbani Aug 17, 2024 08:28pm
Good for Pakistan, is the company registered in PSX.
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