The bike will be launched sometime in April/May. It will be priced competitively with the Honda offerings but will definitely have more features including electric start, alloy wheels and maybe even disc brakes.
This time around its all Yamaha. Not DYL or Chinese JV or collaborations. They are heavily invested in Pakistan and will not be offering any 70cc bike, which DYL did under the 'Yamaha' impression. Please do not confuse the later model DYL 70cc's with Yamaha.