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Electric Cars in Pakistan! The Perks of CPEC
Global Village Space |
Naveed Ahmad |
The skepticism about the likely market share of electric-hybrid or electric-electric hybrid cars is set to take a hit, as a top Chinese brand mulls over launching its dealership in Pakistan next year, if not by the year-end.
The electric car’s cost per kilometer is claimed to be around one rupee against Rs7 per kilometer of its older hydrocarbon-run cousins.
The car costs around $9,000, exclusive of taxes, with a range of 120 kilometers and a maximum speed of 60 km an hour. Unlike the existing 800cc to 1,000cc, it comes with all modern features ranging from power windows to rear camera display to internet connectivity.
Read more: CPEC: Conspiracy Theories of Success & Failure
Electric Vehicles will dictate the future of cars
For now, its manufacturer has no plans to start production in Pakistan but remains confident that its 1,000-per-month production capacity can meet the initial demand. The electric car’s cost per kilometer is claimed to be around one rupee against Rs7 per kilometer of its older hydrocarbon-run cousins.
Spoiler alert: the country will be paying a huge environment cost due to the diesel-powered vehicles plying on the China-Pakistan Economic Corridor (CPEC) if it fails to adopt environment-friendly transport and regulations alike.
The Chinese interest in Pakistan is in addition to the commitment by Renault, Hyundai, Toyota, Honda and Nissan to start local manufacturing.
Following generous incentives, which led to the start-ups’ boom, Beijing is seeking a payback in the form of compliance with higher standards of products. In China, registering an EV car is easier than their conventional mainstream veterans, while insurance is much cheaper due to lesser maintenance and better technology.
Pakistan is potentially a large market for electric vehicles by a long shot. China is the country with the largest selling percentage of electric cars. The good old Cherry QQ’s hybrid version Cherry EQ is on sale at $8,500 in China. Thanks to China’s highest demand for electric vehicle globally, over 200 electric vehicles (EV) start-ups are in the race for survival, while the government is trying to limit them to just 10 companies.
Read more: CPEC Projects are moving ahead of time, Chinese Ambassador
Cynics of electric cars’ entry in the Pakistani market relate the old-fashioned lovers of manual film cameras. Not only are they fascinated with the function of digital photography today but are also amazed at its phenomenal market monopoly. The digital cameras replaced the older, manual ones owing to their ease of use as well as affordability. Over a decade and a half ago, many did not believe that landline phones would be a fraction of cellular telephony. Today, Pakistan is an attractive market for smartphone brands ranging from the top notch to the little known.
Read full article:
Electric Cars in Pakistan! The Perks of CPEC
Global Village Space |
Naveed Ahmad |
The skepticism about the likely market share of electric-hybrid or electric-electric hybrid cars is set to take a hit, as a top Chinese brand mulls over launching its dealership in Pakistan next year, if not by the year-end.
The electric car’s cost per kilometer is claimed to be around one rupee against Rs7 per kilometer of its older hydrocarbon-run cousins.
The car costs around $9,000, exclusive of taxes, with a range of 120 kilometers and a maximum speed of 60 km an hour. Unlike the existing 800cc to 1,000cc, it comes with all modern features ranging from power windows to rear camera display to internet connectivity.
Read more: CPEC: Conspiracy Theories of Success & Failure
Electric Vehicles will dictate the future of cars
For now, its manufacturer has no plans to start production in Pakistan but remains confident that its 1,000-per-month production capacity can meet the initial demand. The electric car’s cost per kilometer is claimed to be around one rupee against Rs7 per kilometer of its older hydrocarbon-run cousins.
Spoiler alert: the country will be paying a huge environment cost due to the diesel-powered vehicles plying on the China-Pakistan Economic Corridor (CPEC) if it fails to adopt environment-friendly transport and regulations alike.
The Chinese interest in Pakistan is in addition to the commitment by Renault, Hyundai, Toyota, Honda and Nissan to start local manufacturing.
Following generous incentives, which led to the start-ups’ boom, Beijing is seeking a payback in the form of compliance with higher standards of products. In China, registering an EV car is easier than their conventional mainstream veterans, while insurance is much cheaper due to lesser maintenance and better technology.
Pakistan is potentially a large market for electric vehicles by a long shot. China is the country with the largest selling percentage of electric cars. The good old Cherry QQ’s hybrid version Cherry EQ is on sale at $8,500 in China. Thanks to China’s highest demand for electric vehicle globally, over 200 electric vehicles (EV) start-ups are in the race for survival, while the government is trying to limit them to just 10 companies.
Read more: CPEC Projects are moving ahead of time, Chinese Ambassador
Cynics of electric cars’ entry in the Pakistani market relate the old-fashioned lovers of manual film cameras. Not only are they fascinated with the function of digital photography today but are also amazed at its phenomenal market monopoly. The digital cameras replaced the older, manual ones owing to their ease of use as well as affordability. Over a decade and a half ago, many did not believe that landline phones would be a fraction of cellular telephony. Today, Pakistan is an attractive market for smartphone brands ranging from the top notch to the little known.
Read full article:
Electric Cars in Pakistan! The Perks of CPEC
