Pakistan Economy Thread


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to Become the Region’s First City With All-Electric Public Transport

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to Become the Region’s First City With All-Electric Public Transport. The initial plan is to roll out 30 electric buses across Islamabad, which will serve 48,000 and save up to 30 barrels of fuel, saving up to Rs. 510 million worth of fuel expenses on an annual basis.
 

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to Launch New Affordable & Premium SUVs Following High Demand for
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.


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In a report, it has been revealed that Kia Lucky Motors is gearing up to introduce a couple of new SUVs to the Pakistani Market, based on the recent success of the Kia Sportage in the country.

Although no official figures have been revealed, the reports suggest that Kia has been selling quite a few units over the past few months, at an average of about 1200 vehicles per month, most of whom are the Kia Sportage SUVs.

Furthermore, it has been reported that the company had been facing lag in terms of the delivery time of the vehicles due to the overwhelming demand, following which, the company has also decided to move to a double-shift production schedule to meet the exceeding demand.

Reportedly, the ‘per day’ production capacity of Kia Lucky is 60 to 65 vehicles per day, which almost similar to that of the Toyota Indus Motor Company, whose daily production capacity is around 76 cars per day. However, the company is planning to ramp up those figures, with a goal of developing a production capacity of 20,000 to 25,000 vehicles per year within the next year and a half.
 

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Al-Haj to Launch Affordable
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X70 SUV & Saga Sedan in
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The Al-Haj group has formed a partnership with Proton to introduce a new lineup of cars in Pakistan. Reportedly, the company will be debuting in Pakistan later this year, with the launch of X70 crossover SUV and Saga sedan.

The reports further suggest that the said car will be offered in CBU form in Pakistan and that the company will start assembling the cars locally in the year 2021. The said vehicles are actually Chinese manufacturer, Geely’s vehicles directly imported and licensed by Proton for the Malaysian market.

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is Bringing the New
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Cross in
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Reports have surfaced that Indus Motor Company (IMC) is planning to launch the brand new variant of Toyota Corolla in the Pakistani market. The car would be the Toyota Corolla Cross, a compact crossover SUV and it will directly compete with the likes of Honda Vezel, HR-V, and the Toyota C-HR.

The news was revealed in a briefing by IMC, where officials stated that they will be introducing the Corolla Cross in Pakistan and that it will be a Complete Built-up Unit (CBU) brought in from Thailand

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is Launching the D20 Sedan in
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for the Price of a Cultus....


BAIC is a Chinese automaker that began operations in Pakistan in 2018, following the acquisition of
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Works’ greenfield status under the auto policy 2016-21. Since that time, the only major appearance that they made with their products was at the PAPS 2020 expo at Lahore, with vehicles such as the D20 hatch-back, the X25 crossover and the BJ40 off-road SUV.

The company has now revealed plans to launch the D20 hatchback variant as well, which, according to BAIC, will cost the same as Cultus.
Sazgar is set to launch the BAIC D20 sedan variant soon. In terms of looks, the car is reminiscent of the Suzuki Liana, with an overall body profile and proportions, a high center roof-line and a short hood and trunk.

The sedan version will also feature the same 1.3 liter and 1.5 liter engines that make 100 and 113 horsepower respectively. The 1.3 liter variant will be offered with a 5-speed manual transmission whereas the 1.5 will be offered with a choice between a manual or a 4-speed automatic transmission.

In terms of features and amenities, the car shall have driver and passenger airbags, alloy rims, daytime running lights, parking sensors, a smart infotainment system, Anti-lock Braking System (ABS) with Electronic Brake-force Distribution (EBD) technology, ISO FIX child-seat anchor, an immobilizer system, electronic throttle, electronic headlight leveling and adjustment.

The car is a complete package in terms of basic features that are comparable to those of a high-end car in our market, that as per the company, can be had for an estimated Rs. 1.9 million, which is “Cultus Money

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Pakistan's leather manufactures worth of US$98.23 million were exported during the first 2 months of the current fiscal year (FY21) ,an increase by 8.39% compared to the same period last year, according to
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Bureau of Statistics(
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).


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Automobile Company of
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to introduce Chery branded cars in
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.


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, the company behind 800cc Bravo hatchback is reportedly in talks with
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Automobile Company of
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to introduce Chery branded cars in
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. According to information, it will likely be the 1.0L new QQ hatchback initially with more models expected to be introduced depending on the success

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