Hamad Ali Mansoor, CEO of the Engineering Development Board (EDB), announced that Pakistan's first fully locally developed electric vehicle will be available by June or July 2026, priced below Rs1 million. This initiative aims to cater to consumers currently using two-wheelers, providing an affordable alternative for daily commuting with a range of up to 180 kilometers on a single charge. The vehicle will be produced at a new manufacturing plant in Lahore, marking a significant milestone in the country's automotive industry.
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Pakistan's First Locally Developed Electric Vehicle Launch in Lahore
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Pakistan's first domestically manufactured electric vehicle (EV) is set to launch by July 2026, priced below Rs1 million, aiming to provide an affordable option for consumers. The government is also reducing taxes on locally assembled vehicles and has allocated Rs100 billion in export incentives.
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