The EV Thread. Fully Electric Vehicles Exclusive Discussion

[pwuser172952586435]

That is why I am using my own driver in spare time. To establish the math. If it works out, great. If it doesn't, no harm done as the car has primary usage. It is expected that some fast charging would be needed for full operation. But equally due to low maintenance and running costs they would be under bidding and winning most jobs. This ensures less working hours in theory.

[mgalaxy3]

How long it’s gonna take to break even the cost of car?

[pwuser172952586435]

Only after some testing we can have those number. Currently people are running Mira and other Jap imports that are costing 32-38 lacs and they are doing okay. With 40 EV it cannot be that bad given that we are paying a lot less for fuel and a lot less for maintenance because less vibrations, break usage (due to Regen Brakes), no oil changes routines that taxis pay 4000-8000 per month, less stress on other parts due to less and evenly distributed weight. Given my experience in other countries soon most taxis will have to be EV to make profit as EVs will undercut the petrol car fares. Once there are driverless, they will undercuts everything as no driver cost either (likely not in PK for a long time)

[mgalaxy3]

Agreed.
However, we don’t know how much EVs will depreciate once you have to sell them after a few years. If charging taxis at commercial chargers the electricity is also going to be very expensive, probably the most expensive in the world. As taxi charging at home isn’t really feasible it has to be out of service 6-7 sunlight hrs a day for that.

ICE cars in Pakistan do not depreciate. A Mira will sell a few years later either at cost price or at a profit.

I suspect we will have to factor in depreciation for the resale of EVs. What percentage? I don’t know yet. Let’s see in a few years. Maybe they won’t depreciate much at all.

[pwuser172952586435]

Agreed, but dynamics are changing. I spent most of my adult life outside of Pakistan. Cars never appreciate. Due to lack of availability, lack of alternatives, rupees devaluation cars appreciated. This is not going to happen anymore. Now it will be the pace of devaluation that might differ. Cars are no longer store of value, just like an iPhone. We have max two years before we see that. Max three before ICE cars will not be viable as taxis. Max 110/ unit. Full at 20 or 30 units depending on 200 or 300 variant is nothing compared to fuel.

[j_aquil]

Nepra sets EV charging tariff at Rs23.57 per unit plus market margin

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has allowed electric vehicle charging stations (EVCS) to charge Rs23.57 per kilowatt-hour (kWh) plus a market-determined margin from electric vehicle (EV) owners.

Previously, Nepra had ruled that EVCS would provide “charging service” to electric vehicles at the applicable EVCS tariff. These stations were to be billed by distribution companies (DISCOs) under the A-2(d) tariff, with no monthly fuel cost adjustments (FCAs), positive or negative, applicable.

In the revised decision, Nepra reiterated that EVCS will continue to charge Rs23.57/kWh plus a market-based margin. Billing will remain under the A-2(d) tariff, and FCAs will remain inapplicable.

Nepra had earlier slashed the base tariff for EVCS by 45% to Rs23.57/kWh, down from Rs45.55/kWh. After taxes and adjustments, the effective rate is projected to drop to Rs39.70/kWh—down from Rs71.10/kWh.

pakistantoday

[j_aquil]

[j_aquil]

https://www.facebook.com/cherymaster.pk

[j_aquil]

Zeekr X EV Coming To Pakistan – Global Specs & Features

The electric vehicle (EV) revolution in Pakistan is gaining momentum—and it’s not slowing down. 2025 is shaping up to be a landmark year as the country witnesses a wave of high-tech EVs entering the market. Among the latest entries is the much-anticipated Zeekr X, expected to launch soon via Capital Smart Motors.
https://www.pakwheels.com/blog/zeekr-x-ev-coming-to-pakistan-global-specs-features/

[ifadey]

Zeekr vehicles are very premium. They will be expensive.

[pwuser167550015690]

Seems like they're only launching the X, which should be around PKR 10-12 million. I was more hoping to see some more premium models being launched here.

[ifadey]

I am expecting close to 15 million due to battery pack higher than 50 kWh

[j_aquil]

[j_aquil]

Horwin Launches in Pakistan: A Stylish, Smart, and Sustainable Leap Forward in Urban Mobility

Pakistan is about to take a giant leap toward a cleaner, smarter mobility future!
On June 3rd, global electric mobility pioneer Horwin officially launches in Pakistan with an exclusive event at Expo Center Lahore, promising an electrifying showcase of innovation, performance, and sustainable design.

Horwin’s entry is being led by Charged Vehicles Pvt Ltd, a connected e-mobility company based in Lahore, proudly approved by the Engineering Development Board (EDB). Their partnership reflects more than just business — it’s a long-term commitment to bringing world-class electric transport solutions to the heart of Pakistan’s cities.

startuppakistan

https://horwinpakistan.com/

[j_aquil]

June 03, 2025 (MLN): Nishat Mills Limited (PSX: NML), the flagship company of the Nishat Group, has expanded into the Electric Vehicle (EV) market through its subsidiary, NexGen Auto Pvt. Ltd., by launching Omoda and Jaecoo—NEV brands from Chery International in Pakistan.

With dealership opportunities now open in over 25 major cities, this move marks a significant step toward bringing globally acclaimed, innovative, and sustainable vehicles to Pakistani roads.

Omoda and Jaecoo operate in more than 90 countries, with over 11 million vehicles sold, positioning them to rival global NEV players like BYD, as per the press release issued today.

mettisglobal

[mgalaxy3]

How legit is this new EV company and how big of a player?

I thought it was announced in Feb they are launching. Still haven’t launched? Financially strong or not?

What happened to Changan managing Chery vehicles ? @pwuser167550015690 @j_aquil @msabbasi

[pwuser167550015690]

Nishat? They're probably among one of the biggest conglomerates in Pakistan and already own Hyundai.

I'm assuming the reason they've established another subsidiary company is because Hyundai Nishat is 40% owned by Hyundai so Nishat can't start selling Chery vehicles under that arm.

Chery has partnered with different companies locally for their sub-brands.

Omoda and Jaecoo are with Nishat
Jetour is with United
Chery (brand) are with Master (Changan) - though this announcement only mentioned NEVs so not sure what happens to ICE vehicles that were sold in partnership with Gandhara.

[mgalaxy3]

Not Nishat.

I’m wondering how big and how reputable are these weird sounding EVs Omoda and Jaecoo what’s their perception in China itself and global, if any global presence.

It also seems to be a terrible strategy by Chery - they’re not launching with one strong and big group. Just fragmenting their vehicles and partnering with weak groups.

[pwuser167550015690]

Nishat and Master are pretty strong.

Nishat is well Nishat and Mansha family have enough of a market across various industries (and enough political connections) to keep their assets afloat.

Master has been in the industry a long time, being in the commercial vehicle segment before partnering with Changan. They've arguably been the most successful assembler to bring in a Chinese brand and making it mainstream. In fact, all 4 Changan models they've offered so far have been very successful in their respective segments.

Their EV efforts with Deepal do seem like a bit underwhelming but that's likely why they partnered with Chery as well to bring more NEV products. That said, I've been to different Changan dealerships twice in the past couple of months and both days I saw people booking the the S07.

[pwuser167550015690]

As for Jaecoo and Omoda, these are brands* Chery uses in oversees markets. They're not sold within China and usually they're mostly rebadges of some other Chery models optimized for export markets. They might sound weird, but you'd see them all over the middle-east for example with dealerships peppered all over.

---

*Chery is one of the largest manufacturers in China, and like most large Chinese automakers, they sell their cars under various sub-brands because of the sheer number of different models they have. This also means that each brand can have a distribution (or assembly) agreement with different groups in a country and still be able to offer exclusivity.

Some of the popular Chery brands include:

• Chery
• Jetour
• Fulwin
• Exeed
• Luxeed
• iCar
• Omoda
• Jaecoo
• Exlantix