Pakistan Automobile Industry
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Auto industry growing as govt policies promote competition
https://nation.com.pk/Reporter/imran-ali-kundi
Imran Ali Kundi
March 09, 2021
ISLAMABAD - At a time when economic activities have slowdown in the country, the motor industry has grown and evolved with an influx of new vehicles.
The government had granted functioning licenses to six new entrants in order to create competition in the automobile sector under the Automotive Development Policy (ADP 2016-21). Market sources informed The Nation that volume of the auto industry is expected to increase in ongoing fiscal year, which would be mainly led by the new entrants, car companies that have come under ADP 2016-21. They said that production as well as sale of the cars is showing increase from last several months.
Sale and production declined in last year mainly due to the spread of Covid-19.
However, auto industry is now on a path of recovery as it will launch the largest number of new cars in a year in 2021. With low interest rates and revival in economic activities, sales of locally assembled cars in first seven months (July to January) of the ongoing financial year rose to 81,569 from 69,189 units in the same period a year ago. “We expect further demand for cars to grow stronger owing to low interest rates environment and pickup in economic activity,” said a new entrant, who asked not to be named.
M/s Kia Lucky Motors Pvt Ltd, M/s United Motors (Pvt) Ltd, M/s Regal Automobile Industries Ltd, M/s Foton JW Auto Park (PVT) Ltd, M/s Master Motors Ltd and M/s Hyundai Nishat Motor (Pvt) Ltd were the new entrants under the Auto Policy. The new entrants as well as old auto companies will launch the largest number of new cars in a year in 2021, which showed that auto industry is recovering in the current year.
United Motors unveiled Alpha, Toyota introduced Corolla X, Changan started taking orders for Alsvin and Proton presented X70. In addition, new models were launched in February as well which included ZS by Morris Garages (MG), Sorento by Kia Lucky and Saga by Proton.
Demand for cars to grow stronger owing to low interest rates environment, pickup in economic activity
The industry, which is normally dominated by three Japanese brands, is now facing competition from some new entrants mainly from Korea and China.
New entrants have introduced their brands in the Pakistani market under the new entrant’s policy given in Auto Industry Development Policy (program) 2016-21. One of the new entrants— M/s Kia Lucky Motors Pvt Ltd—had recently claimed to sell more cars than Honda in consecutive months: December 2020 and January 2021. “For two consecutive months, we have sold more cars than Honda. In December and January, our estimates were higher,” said Muhammad Faisal, COO of Kia Lucky Motors.
According to the reports, Suzuki sold the largest number of vehicles. Honda sold 1,764 vehicles, including the Civic, Area, and BR-V, in December 2020 and 1,916 in January 2021. This means that KIA’s Sportage and hatchback Picanto crossover SUV numbers are more than that, as according to the KIA’s claim.
Meanwhile, officials in Ministry of Industries and Production informed The Nation that government had recently announced new Electric Vehicle (EV) Policy, which would create competition among auto sector players besides pollution-free environment.
They said that government would be introducing a public-friendly transport system under the EV policy. A memorandum of understanding (MoU) was signed among Daewoo Express Pakistan, Skywell from China and Hitachi ABB Power Grids from Sweden for introducing electric buses in Pakistan.
The MoU was signed for setting up a value chain for electric vehicles and charging infrastructure in Pakistan. Under this MoU, Skywell Automobiles China and Daewoo Express Pakistan will collaborate to introduce electric buses and other electric vehicles in Pakistan and create a technical support base in the country with robust charging infrastructure through ABB Hitachi Power Grids.
Skywell Automobiles will provide its state of the art electric buses for the Pakistan market in Phase-1, and in Phase-2, shall set up a manufacturing plant for producing electric vehicles in Pakistan.
https://nation.com.pk/Reporter/imran-ali-kundi
Imran Ali Kundi
March 09, 2021
ISLAMABAD - At a time when economic activities have slowdown in the country, the motor industry has grown and evolved with an influx of new vehicles.
The government had granted functioning licenses to six new entrants in order to create competition in the automobile sector under the Automotive Development Policy (ADP 2016-21). Market sources informed The Nation that volume of the auto industry is expected to increase in ongoing fiscal year, which would be mainly led by the new entrants, car companies that have come under ADP 2016-21. They said that production as well as sale of the cars is showing increase from last several months.
Sale and production declined in last year mainly due to the spread of Covid-19.
However, auto industry is now on a path of recovery as it will launch the largest number of new cars in a year in 2021. With low interest rates and revival in economic activities, sales of locally assembled cars in first seven months (July to January) of the ongoing financial year rose to 81,569 from 69,189 units in the same period a year ago. “We expect further demand for cars to grow stronger owing to low interest rates environment and pickup in economic activity,” said a new entrant, who asked not to be named.
M/s Kia Lucky Motors Pvt Ltd, M/s United Motors (Pvt) Ltd, M/s Regal Automobile Industries Ltd, M/s Foton JW Auto Park (PVT) Ltd, M/s Master Motors Ltd and M/s Hyundai Nishat Motor (Pvt) Ltd were the new entrants under the Auto Policy. The new entrants as well as old auto companies will launch the largest number of new cars in a year in 2021, which showed that auto industry is recovering in the current year.
United Motors unveiled Alpha, Toyota introduced Corolla X, Changan started taking orders for Alsvin and Proton presented X70. In addition, new models were launched in February as well which included ZS by Morris Garages (MG), Sorento by Kia Lucky and Saga by Proton.
Demand for cars to grow stronger owing to low interest rates environment, pickup in economic activity
The industry, which is normally dominated by three Japanese brands, is now facing competition from some new entrants mainly from Korea and China.
New entrants have introduced their brands in the Pakistani market under the new entrant’s policy given in Auto Industry Development Policy (program) 2016-21. One of the new entrants— M/s Kia Lucky Motors Pvt Ltd—had recently claimed to sell more cars than Honda in consecutive months: December 2020 and January 2021. “For two consecutive months, we have sold more cars than Honda. In December and January, our estimates were higher,” said Muhammad Faisal, COO of Kia Lucky Motors.
According to the reports, Suzuki sold the largest number of vehicles. Honda sold 1,764 vehicles, including the Civic, Area, and BR-V, in December 2020 and 1,916 in January 2021. This means that KIA’s Sportage and hatchback Picanto crossover SUV numbers are more than that, as according to the KIA’s claim.
Meanwhile, officials in Ministry of Industries and Production informed The Nation that government had recently announced new Electric Vehicle (EV) Policy, which would create competition among auto sector players besides pollution-free environment.
They said that government would be introducing a public-friendly transport system under the EV policy. A memorandum of understanding (MoU) was signed among Daewoo Express Pakistan, Skywell from China and Hitachi ABB Power Grids from Sweden for introducing electric buses in Pakistan.
The MoU was signed for setting up a value chain for electric vehicles and charging infrastructure in Pakistan. Under this MoU, Skywell Automobiles China and Daewoo Express Pakistan will collaborate to introduce electric buses and other electric vehicles in Pakistan and create a technical support base in the country with robust charging infrastructure through ABB Hitachi Power Grids.
Skywell Automobiles will provide its state of the art electric buses for the Pakistan market in Phase-1, and in Phase-2, shall set up a manufacturing plant for producing electric vehicles in Pakistan.
ghazi52
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Chinese firm to set up EV plant in Pakistan
BOI grants admission to MG JW Automobile Pakistan in JW-SEZ Raiwind
APP March 14, 2021
ISLAMABAD: The Board of Investment (BOI) has decided to facilitate the entry of China’s largest automobile manufacturer in Pakistan and the first private special economic zone (SEZ) in Raiwind, Punjab.
During an SEZ committee meeting on Saturday, the BOI granted admission to MG JW Automobile Pakistan Private Limited in JW-SEZ Raiwind as ‘zone enterprise’.
With an estimated foreign direct investment (FDI) of Rs663 million and local investment worth Rs637 million, MG JW Automobile will establish an electric car manufacturing plant.
MG JW Automobile (MG Pakistan) is a joint venture between JW-SEZ (Private) Limited and SMIL, which is a subsidiary of SAIC Motor Corporation Limited. SAIC is a Chinese state-owned automotive design and manufacturing company headquartered in Shanghai with multinational operations.
It is the largest auto manufacturer in China and the seventh-largest in the world. In 2006, SAIC purchased the prestigious British brand Morris Garages (MG) and it is now marketing automobiles under that brand all over the world.
The BOI received the zone entry application of MG JW Automobile Pakistan through its recently launched ‘SEZ MIS Module’, which acts as a one-window for SEZs in Pakistan. The module is designed to facilitate real investors, from all corners of the world, in getting admission into SEZs while ensuring complete transparency.
BOI Chairman Atif R Bokhari stated that the initiation of the first private SEZ in Pakistan was a testament to the fact that the government is fully committed to facilitating private investors for speedy industrialisation in the country.
Furthermore, BOI Secretary Fareena Mazhar said, “The launch of SEZ-MIS Module is a leap into the digital future of SEZ-led industrialisation.”
She further stated that BOI is making all-out efforts to facilitate private investors.
Published in The Express Tribune, March 14th, 2021.
BOI grants admission to MG JW Automobile Pakistan in JW-SEZ Raiwind
APP March 14, 2021
ISLAMABAD: The Board of Investment (BOI) has decided to facilitate the entry of China’s largest automobile manufacturer in Pakistan and the first private special economic zone (SEZ) in Raiwind, Punjab.
During an SEZ committee meeting on Saturday, the BOI granted admission to MG JW Automobile Pakistan Private Limited in JW-SEZ Raiwind as ‘zone enterprise’.
With an estimated foreign direct investment (FDI) of Rs663 million and local investment worth Rs637 million, MG JW Automobile will establish an electric car manufacturing plant.
MG JW Automobile (MG Pakistan) is a joint venture between JW-SEZ (Private) Limited and SMIL, which is a subsidiary of SAIC Motor Corporation Limited. SAIC is a Chinese state-owned automotive design and manufacturing company headquartered in Shanghai with multinational operations.
It is the largest auto manufacturer in China and the seventh-largest in the world. In 2006, SAIC purchased the prestigious British brand Morris Garages (MG) and it is now marketing automobiles under that brand all over the world.
The BOI received the zone entry application of MG JW Automobile Pakistan through its recently launched ‘SEZ MIS Module’, which acts as a one-window for SEZs in Pakistan. The module is designed to facilitate real investors, from all corners of the world, in getting admission into SEZs while ensuring complete transparency.
BOI Chairman Atif R Bokhari stated that the initiation of the first private SEZ in Pakistan was a testament to the fact that the government is fully committed to facilitating private investors for speedy industrialisation in the country.
Furthermore, BOI Secretary Fareena Mazhar said, “The launch of SEZ-MIS Module is a leap into the digital future of SEZ-led industrialisation.”
She further stated that BOI is making all-out efforts to facilitate private investors.
Published in The Express Tribune, March 14th, 2021.
ghazi52
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Sazgar Engineering Works Reveals its New Partner in Car Manufacturing
The latest notification by Sazgar Engineering Works Limited (SAZEW) details that it has contacted the concerned government authorities to obtain approval for the manufacturing, assembly, sales, and after-sales service of passenger and commercial vehicles under the name of ‘Haval’.
Haval is a Chinese automotive brand that is a subsidiary of a larger automotive group called Great Wall Motors. Conceived in 2013, the company specializes in manufacturing crossovers SUVs and off-road SUVs.
The automaker currently enjoys a presence in several countries including Australia, Argentina, Bangladesh, Bulgaria, India, New Zealand, Russia, South Africa, Benin, Tunisia, Côte d’Ivoire, Chile, Paraguay, Ecuador, Guatemala, Bolivia, Peru, Malaysia, Saudi Arabia, the UAE, Iraq, and Iran.
It is also reportedly working on an all-electric SUV, whose concept it revealed in February last year. The SU-EV in question has coincidentally been dubbed the ‘Concept H
The latest notification by Sazgar Engineering Works Limited (SAZEW) details that it has contacted the concerned government authorities to obtain approval for the manufacturing, assembly, sales, and after-sales service of passenger and commercial vehicles under the name of ‘Haval’.
Haval is a Chinese automotive brand that is a subsidiary of a larger automotive group called Great Wall Motors. Conceived in 2013, the company specializes in manufacturing crossovers SUVs and off-road SUVs.
The automaker currently enjoys a presence in several countries including Australia, Argentina, Bangladesh, Bulgaria, India, New Zealand, Russia, South Africa, Benin, Tunisia, Côte d’Ivoire, Chile, Paraguay, Ecuador, Guatemala, Bolivia, Peru, Malaysia, Saudi Arabia, the UAE, Iraq, and Iran.
It is also reportedly working on an all-electric SUV, whose concept it revealed in February last year. The SU-EV in question has coincidentally been dubbed the ‘Concept H
ghazi52
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Sindh govt inaugurates Pakistan’s first-ever electric bus
BR Web Desk
30 Mar 2021
Sindh Transport Minister Syed Owais Shah on Tuesday launched Pakistan’s first electric bus in Karachi.
As per details, the buses will be brought to the port city with cooperation with the private sector. As many as 100 buses are expected to hit the roads by the end of this year.
Federal Minister for Science and Technology Fawad Chaudhry also congratulated Sindh government over the initiative.
He tweeted: Want to congratulate Sindh government specially Murad Ali Shah and ministry of transport on their remarkable step to add electric bus in Karachi Commuters system. The ministry is fully behind Sind government in this futuristic approach hope Punjab and KP will also take same route as soon as possible.
Last year in December, the federal cabinet had approved Pakistan’s first Electric Vehicle Policy. The Electric Vehicle (EV) Policy and the Mobile Manufacturing Policy were endorsed by the federal cabinet following their approval by the Economic Coordination Committee (ECC) on December 16.
- Federal Minister for Science and Technology Fawad Chaudhry also congratulated Sindh government over the initiative.
- As many as 100 buses are expected to hit the roads by the end of this year.
BR Web Desk
30 Mar 2021
Sindh Transport Minister Syed Owais Shah on Tuesday launched Pakistan’s first electric bus in Karachi.
As per details, the buses will be brought to the port city with cooperation with the private sector. As many as 100 buses are expected to hit the roads by the end of this year.
Federal Minister for Science and Technology Fawad Chaudhry also congratulated Sindh government over the initiative.
He tweeted: Want to congratulate Sindh government specially Murad Ali Shah and ministry of transport on their remarkable step to add electric bus in Karachi Commuters system. The ministry is fully behind Sind government in this futuristic approach hope Punjab and KP will also take same route as soon as possible.
Last year in December, the federal cabinet had approved Pakistan’s first Electric Vehicle Policy. The Electric Vehicle (EV) Policy and the Mobile Manufacturing Policy were endorsed by the federal cabinet following their approval by the Economic Coordination Committee (ECC) on December 16.
ghazi52
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University of Karachi to Launch an EV Shuttle Service
by Waleed Shah
The University of Karachi signed the Memorandum of Understanding (MoU) yesterday with NTS Logistics to introduce an all-electric shuttle service. Soon, the Electric Vehicles (EVs) custom-built for on-campus use will offer the students transport facility within the campus, said the media report.
As per the agreement, NTS Logistics will give the institute a limited number of 6 to 23 seater roofless commuter buses. As the demand for transport rises, so will the number of buses, the report added. The MoU was signed between the Vice-Chancellor of the University, Professor Dr. Khalid Mahmood Iraqi, and the Chief Executive Officer NTS Logistics, Muhammad Umer Nouman.
The institute stated in an official statement that the transport service will be kept as pocket-friendly as possible. Everyone, including the faculty, students, and work-staff, shall be allowed to use the facility.
The bus stand shall be built near the entrance of the university, where there will be vehicle charging stations as well.
The development has been made in a bid to not only offer convenience to the students and the faculty of the University but also to encourage the protection of climate by using environment-friendly means of transportation.
by Waleed Shah
The University of Karachi signed the Memorandum of Understanding (MoU) yesterday with NTS Logistics to introduce an all-electric shuttle service. Soon, the Electric Vehicles (EVs) custom-built for on-campus use will offer the students transport facility within the campus, said the media report.
As per the agreement, NTS Logistics will give the institute a limited number of 6 to 23 seater roofless commuter buses. As the demand for transport rises, so will the number of buses, the report added. The MoU was signed between the Vice-Chancellor of the University, Professor Dr. Khalid Mahmood Iraqi, and the Chief Executive Officer NTS Logistics, Muhammad Umer Nouman.
The institute stated in an official statement that the transport service will be kept as pocket-friendly as possible. Everyone, including the faculty, students, and work-staff, shall be allowed to use the facility.
The bus stand shall be built near the entrance of the university, where there will be vehicle charging stations as well.
The development has been made in a bid to not only offer convenience to the students and the faculty of the University but also to encourage the protection of climate by using environment-friendly means of transportation.
ghazi52
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Javed Afridi Teases MG Electric Car That Will Cost Less Than Rs. 1 Million
Javed Afridi has grabbed the attention of Pakistani car enthusiasts and the general public yet again with a post about a cheap and smart little electric vehicle (EV) that would be perfect for Pakistan for multiple reasons.
The Wuling Hongguang Mini EV is the result of a joint venture between General Motors and SAIC Motors that was originally introduced in the Chinese market in early 2020. It went on sale in July 2020, after which 160,000 of its units were sold by January 2021.
WULING MINI EV FOR PAKISTAN MARKET BELOW 1 MILLION PKR
— Javed Afridi (@JAfridi10) March 31, 2021
This EV is a small, lightweight one that is offered with two variants — the base variant with a 9.2 kWh battery pack that allows for a range of 120 km, and a better variant with a 13.8 kWh battery that offers a range of 170 km .
Javed Afridi has grabbed the attention of Pakistani car enthusiasts and the general public yet again with a post about a cheap and smart little electric vehicle (EV) that would be perfect for Pakistan for multiple reasons.
The Wuling Hongguang Mini EV is the result of a joint venture between General Motors and SAIC Motors that was originally introduced in the Chinese market in early 2020. It went on sale in July 2020, after which 160,000 of its units were sold by January 2021.
WULING MINI EV FOR PAKISTAN MARKET BELOW 1 MILLION PKR
— Javed Afridi (@JAfridi10) March 31, 2021
This EV is a small, lightweight one that is offered with two variants — the base variant with a 9.2 kWh battery pack that allows for a range of 120 km, and a better variant with a 13.8 kWh battery that offers a range of 170 km .
Ali_Baba
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at £10k for the ACE, that is quite expenseive for what it is...
CSPK
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so dealerships are giving date up to January 2022 if you wish to book the Proton Saga...
carspiritpk.com
The Bubble Launch of Proton Saga - CarSpiritPK
With super-delayed deliveries will the newly launched Proton Saga be able to make its place in the market?
carspiritpk.com
ghazi52
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Proton is establishing an assembly plant in Pakistan to produce 25,000 units annually .
Proton is expected to begin local assembly of cars in Pakistan in Q3 2021, according to a recent update posted by paultandotorg, a Malaysian Automotive News source.
As per reports, Al-Haj Automotive, Proton's Pakistani partner, is planning to construct a 25,000-unit-per-year assembly plant.
According to the agreement between Al-Haj Automotive and Proton, CBU units will be sold first, followed by CKD units in late 2020 or early 2021.
Proton Pakistan will be able to add more vehicles to the market as a result of the establishment of a dedicated factory. In Pakistan, cars like the Proton Iriz, Persona, and X50 have a sizable demand.
Proton is expected to begin local assembly of cars in Pakistan in Q3 2021, according to a recent update posted by paultandotorg, a Malaysian Automotive News source.
As per reports, Al-Haj Automotive, Proton's Pakistani partner, is planning to construct a 25,000-unit-per-year assembly plant.
According to the agreement between Al-Haj Automotive and Proton, CBU units will be sold first, followed by CKD units in late 2020 or early 2021.
Proton Pakistan will be able to add more vehicles to the market as a result of the establishment of a dedicated factory. In Pakistan, cars like the Proton Iriz, Persona, and X50 have a sizable demand.
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