In a rather surprising move, Atlas Honda unveiled its first electric scooter in Pakistan. As per details, the company revealed the two-wheeler during a ceremony in Sheikhupura today. The electric scooter named Honda BENLY e is a chic bike by the looks of it. Here is the video of the unveiling of this e-scooter: The Atlas Honda called it the dawn of a new era in the mode of transportation. "This is where innovation meets sustainability," the company announced. This is indeed a huge step as Atlas Honda becomes the first among the Big 3 to introduce its e-scooter. It is pertinent to mention that a number of companies, including Yadea, Metro, and Road Prince, have introduced their electric scooters. The move comes amid high petrol and bike prices in Pakistan, as electric bikes are considered more affordable and cost-effective in the long run.  International Specs & Features  The salient specs and features of Honda BENLY e include an 87-kilometer range, 180-minute charge time, and up to 45 kilometers/hour top speed. These are some of the global specs, as Atlas Honda has not revealed any specs and features for Pakistan. "The company just revealed the bike in the event," a Honda bike dealer told PakWheels. Another dealer told us that this was just a sample by the company hinting at the type of e-scooter they will launch in the local market, but it may take some time.  Expected Launch  There are no updates regarding its launch in Pakistan, as the company has not given any timeframe. So, we have to wait for the time being and will update the readers as soon as we get any update.  As we mentioned earlier, the launch of an e-scooter by Honda in Pakistan would be a significant development for the bike segment as consumers do trust more on the Big 3 compared to recently arrived companies in the country. Furthermore, it shows that the major companies are quite serious about moving forward with electric scooters and bikes in Pakistan.  What is your take on the unveiling of the Honda electric scooter? What are your expectations from Honda BENLY e? Please tell us in the comments section.   

In a surprising turn of events, Honda Atlas Cars Limited (PSX: HCAR) has reported a remarkable profit after tax of Rs. 675 million in the quarter ended September 30, 2023 (2QMY24). This comes as a stark contrast to the loss of Rs. 385 million recorded in the same period last year, as revealed in the notification filed by the car maker to the Pakistan Stock Exchange (PSX). Key Factors One of the key factors contributing to this impressive turnaround is the substantial improvement in margins, which surged by 750 basis points on a year-on-year (YoY) basis. Despite a challenging market environment, Honda Atlas Cars managed to enhance its gross profit significantly, reaching Rs. 1.52 billion during the quarter under review—an impressive 127 percent increase compared to Rs. 673 million in the same period last year The gross margin also experienced a noteworthy improvement, climbing to 10.9 percent from the 3.4 percent posted in the same quarter last year. Arif Habib Limited attributes this positive shift to increased car prices and lower commodity prices, particularly in steel. Despite a 28.6 percent YoY decline in sales to Rs. 13.9 billion during the quarter, the company's top line for the half-year ending September 30, 2023, stood at Rs. 17.7 billion, reflecting a 64 percent decline on a YoY basis. The dip in sales was offset by cost-saving measures, particularly in distribution and marketing, which decreased to Rs. 212 million from Rs. 216 million in SPLY. The finance cost of the company saw a substantial increase of 191 percent, soaring from Rs. 41 million to Rs. 120 million during 2QMY24. However, the company managed to mitigate this impact with a 14 percent increase in other income, reaching Rs. 896 million from Rs. 787 million in 2QMY23. This impressive financial performance positions Honda Atlas Cars Limited as a resilient player in the automotive industry, navigating challenges with strategic pricing and cost management.

With the availability of easy installment plans, owning a Honda bike has long been a dream for many enthusiasts. With an aim to turn this dream into reality, various banks in Pakistan are now offering installment plans. Interestingly, these plans are tailored to suit the needs of potential Honda bike owners. In this blog, we will delve into different plans provided by MCB, Silk Bank, UBL, and Meezan Bank, making your journey towards owning a Honda bike not just thrilling but also financially convenient. MCB’s Plan MCB takes the lead in offering flexible installment plans for credit card holders. The plans are designed to accommodate a wide range of budgets and preferences. Installment Duration: Ranging from 3 to 36 months. 0% Mark-up: Enjoy the luxury of zero mark-up for the initial 6 months. Nationwide Applicability: MCB's installment plans are applicable for all cities across Pakistan. Free Delivery: Your Honda bike will be delivered to the nearest dealership, free of charge, making the process seamless and convenient. Silk Bank Offerings Silk Bank caters to the needs of credit card holders, providing exclusive benefits for Platinum and Gold card holders. Installment Duration: Plans available for 3 to 36 months. 0% Mark-up: Enjoy interest-free installments for the first 3 months. Exclusive Access: Limited to Platinum and Gold credit card holders. Free Delivery: Just like MCB, Silk Bank ensures free delivery to the nearest dealership nationwide. What UBL Offers? UBL stands out with its customer-friendly installment plans, making the dream of owning a Honda bike more accessible. Installment Duration: Ranging from 3 to 36 months. 0% Mark-up: Benefit from zero mark-up for the initial 3 months. Nationwide Delivery: UBL ensures free delivery of your Honda bike to the nearest dealership across Pakistan. Meezan Bank - Ijarah Financing Meezan Bank adopts a different approach with its Ijarah Financing, focusing on Islamic principles. Installment Duration: Plans available for 1 to 3 years. Islamic Insurance: Your Honda bike will be insured under Islamic insurance, aligning with Sharia-compliant financing. Down Payment: A 15% down payment is required, making it a feasible option for those with a moderate budget. The availability of easy installment plans through MCB, Silk Bank, UBL, and Meezan Bank has opened up new avenues for motorcycle enthusiasts in Pakistan to own their dream Honda bikes. Make your dream ride a reality with these convenient and flexible installment plans, and hit the roads in style with your very own Honda bike

Honda has honed the automotive market with its diverse variants. Whether it’s a sedan, sports car, SUV, or mid-size SUV, Honda caters it all. In today’s owner review, we have brought to you a detailed dig into the Honda BR-V Manual Transmission variant. So, let’s find out through Usman what is his opinion about the Br-V. Make, Model, and Variant Usman bought the new Honda Br-V basic variant BR-V (i-VTEC) in 2019. However, the other two variants available at that time were i-VTEC MT and i-VTEC S. Later, Honda discontinued the two basic variants and proceeded with the top-line S variant only. Purchase Decision Usman had a major intent of buying a 7-seater car at an affordable price and back in 2019, there was no better option than the BR-V available in the market. So, he bought it for 2,250,000 a basic manual transmission variant. Engine Specifications BR-V has a naturally aspirated 1.5 L engine with 180 HP and 145 N-m Torque. It has the same configurations as the Honda City Aspire. Performance BR-V offers a good ground clearance, with exceptional road handling abilities and overall great over-taking and negligible body-roll. While it gives a fuel average of 15 km/L at a full capacity. Honda Br-V Interior This car has a 6-speed forward gear system, tilt and telescopic steering with power buttons, Airbags, ABS, Air Conditioner with a digital screen, and a head unit with AUX. The front cabin is quite roomy while the 2nd row has got average legroom and the 3rd row is best suited for kids only. Missing Feature Honda definitely needs a tire upgrade while the addition of cruise control and digital infotainment system would be better. Comfort While offering good road handling, the suspension seems quite stiff with a compromised comfort level. Maintenance and Spare Parts Surely, Honda is managing its dealerships efficiently with timely spare parts availability however its parts are pricier than other brands. PakWheels features content that our readers demand so let us know the car reviews you like to read. Head on to our website to read exciting news and trends going on in the automotive industry.  Watch Video  sea