Business

Crown Group invests Rs 2 billion in electric vehicles plant in Pakistan

Crown Group recently arranged the market trials and sales display of its special variety of CROWNE Electric Power Vehicles. These automobiles include two, three and four-wheelers and will help buyers to drive 1 km in only Rs. 1.25.

The electric power vehicles will soon be locally manufactured from the organizations freshly developed 26 acres Port Qasim facility. Having an early production ability of 120,000 units per year, the company has currently spent Rs. 2 billion on the plant in the first phase.

Dependent on the yet to be released EV Policy which claims 1% customs duty on CKD parts and 5% selling tax, the organization has set the exhibit and test cost of the four-wheeler electric power car for Rs. 400,000 while the display and testing prices for electric power three-wheeler car and two-wheeler scooty for Rs. 300,000 and Rs. 55,000 respectively.

Furthermore, the three-wheeler rickshaw (two-in-one) arrives in both electric power and engine set up with manual switching solutions at a showcase price of PKR 300,000 and 250,000 respectively.

The electric power automobiles come with a four and three-wheeler car, two and three-wheeler scooty’s, payload loaders, three-wheeler two in one, three-wheeler nine-seater, garbage vehicles, and ambulances.

All electric power automobiles arrive with a great feature of acquiring a factory-installed engine as well for people who desire to use the vehicle for longer routes.

The marketplace test sales and exhibit activity of CROWNE vehicles took place at a local banquet with the presence of dignitaries from Crown Group among them Chairman Crown Group, Mr. M. Farhan Hanif, Managing Director, S.M Kashif Qaseem, Business Development Director, Crown Group – Mr. Zohaib Farhan among others.

At the activity of Crown Group:

“It is an honor for us to unveil the exclusive range of CROWNE vehicles. The automobile and oil industry is currently facing numerous issues which are reflecting on the citizens of Pakistan. With this range of electric vehicles, we plan to overcome these challenges and present the industry with a variety of innovative, convenient and affordable vehicles for their everyday use”.

Mr. M. Farhan Hanif said

Crown is a top brand in the two and 3-wheeler sectors of Pakistan and the lone local consumer brand that exports to worldwide industries while providing solutions for all sections of the business within Pakistan.

Crown Group has the biggest network of spare parts and service providers in Pakistan with 62,000 outlets, wholesale suppliers and workshops on the panel.

Rizwan Khan Niazi

Hey! Message me. I am Rizwan Khan Niazi. I help people and websites with content, videos, design, and social media management. I am an avid traveler and I started living as a digital nomad in Pakistan since 2019. I am currently working on www.digitalmarkhor.com . You can reach out to me anytime: [email protected] Love, Rizwan

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