In a significant move for Pakistan’s car industry, Toyota is set to introduce its first Hybrid Electric Vehicle (HEV) next month. The CEO of Indus Motor Company (IMC), Ali Jamali, revealed insights into the company’s venture into local HEV production, involving a substantial $100 million investment.
This step not only aims to reduce import costs but is also expected to lead to an annual saving of $37 million as production ramps up to an impressive 30,000 HEV units.
The focus is on the Corolla Cross HEV, a hybrid crossover expected to make a significant impact on the Pakistani automotive scene. In a time of economic challenges, the Corolla Cross’s remarkable fuel efficiency stands out as a compelling selling point, providing consumers with an eco-friendly driving experience.
Initially introduced as a Completely Built Unit (CBU), the Corolla Cross has already attracted attention on Pakistani roads. With its 1798cc hybrid engine, delivering 168hp at 3600 RPM and 305Nm torque at 3600 RPM, the vehicle has left a noteworthy impression. The locally assembled version, eagerly awaited by enthusiasts, is anticipated to further establish Toyota’s position in the growing market for hybrid vehicles.
As the launch date approaches in 2023, excitement is building among consumers and automotive enthusiasts. The introduction of the Corolla Cross reflects Toyota’s strategic vision and commitment to delivering cutting-edge, environmentally conscious vehicles to the Pakistani market.