Regal Automobiles Industries Limited has recently announced plans to begin manufacturing electric vehicles in Pakistan next year, beginning with a compact car that can travel 180 kilometres on a single charge.
As per an official draft made public for listing at the Pakistan Stock Exchange, Regal is the only automobile manufacturer in Pakistan to assemble DFSK electric vehicles under a plant machinery plus CKD [Completely Knocked Down] supply agreement with DFSK Motor Co. Ltd.
The company is in talks with a number of vendors about forming CKD collaboration agreements for the supply of parts for this little electric vehicle. It will buy imported raw materials for the electric vehicle from DFSK as a CKD unit.
Regal will build the electric vehicle assembly line as part of a strategic partnership with DFSK Motor Co. Ltd., under which the company has signed a Memorandum of Understanding for the import of plant and machinery for the electric vehicle assembly with ChongQing Sokon Motor (Group) Imp. & Exp. Co. Ltd., DFSK Motor Co. Ltd.’s exclusive supplier.
The project is anticipated to be finished by February 2023, following which commercial production will commence.
nice initiatives…but need to launch proper hatchback and compact sedan cars as well.