PAKISTAN ELECTRIC VEHICLE MARKET

INTRODUCTION

To reduce energy use and pollution, Pakistan's government has been pushing for the adoption of electric vehicles.

Acceptance of many electric vehicles would surely contribute to easing significant difficulties like carbon pollution and fuel dependence as well as to enhancing economic success. 

Despite several cross-sectoral and multidimensional obstacles, Pakistan is presently considering converting from non-electric to electric vehicles (EVs).

This built a model of how purchasing intention impacts mechanism using the theory of planned behaviour model for electric vehicles (EVs).

It took into account monetary policy as well as non-monetary incentive policies, as well as consumer attitudes and subjective norms, cognitive states, product perception (PA), and perceived behavioural control. 

Pakistan is interested in introducing electric vehicle (EV) models at a variety of price points that will appeal to customers in various income brackets.

Many international automakers, including those from South Korea, China, and Japan, think Pakistan has a sizable market for EV technology, and local companies are working with them to introduce EVs to Pakistan.

PAKISTAN ELECTRIC VEHICLE MARKET SIZE AND FORECAST

The Pakistan Electric Vehicle Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

NEW PRODUCT LAUNCH

First ‘made in Pakistan’ electric car launched.Pakistan's first electric car prototype was unveiled with the intention of enhancing the local economy, environment, and manufacturing sector.

In Karachi, the prototype was introduced. The initial word of the automobile, "Nur," implies light. Jaxari is the name of the company that would produce and market the vehicle.

The Dice Foundation, Pakistani-American motor engineers, universities, and the corporate sector collaborated to create the first domestically produced electric vehicle, which they named the "Nur-E 75." The creators claim that it would be a reasonably priced electric vehicle (EV).

The prototype is ready for testing and regulatory approval with all features working properly.This will completely alter the economic landscape for Pakistan.

The chairman of the Dice Foundation, a US-based non-profit organisation in charge of the nation's first electric automobile project, described the Nur-E 75 as an important development for the stability of the country's economy.

COMPANY PROFILE

• Sazgar Engineering Works Limited
• Vlektra 
• Gauss Auto
• Nissan,
• BMW 
• Audi 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perPakistan Electric Vehicle Marketright now and how will it change in the next 5-6 years?
2. Average cost to set up an ElectricVehicle MarketinPakistan?
3. How manyPakistan Electric Vehicle Marketsare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aPakistan Electric Vehicle Marketand key vendor selection criteria
6. Where is thePakistan Electric Vehicle Marketmanufactured? What is the average margin per equipment?
7. Market share ofPakistan Electric Vehicle Marketmanufacturers and their upcoming products
8. The most important plannedPakistan Electric Vehicle Marketin next 2 years
9. Details on network of majorPakistan Electric Vehicle Marketand pricing plans
10. Cost advantage for OEMs who manufacturePakistan Electric Vehicle Marketin-house
11. 5 key predictions for next 5 years inPakistan Electric Vehicle Market
12. Average B-2-BPakistan Electric Vehicle Marketprice in all segments
13. Latest trends inPakistan Electric Vehicle Market, by every market segment
14. The market size (both volume and value) ofPakistan Electric Vehicle Marketin 2024-2030 and every year in between?
15. Global production breakup ofPakistan Electric Vehicle Market, by suppliers and their OEM relationship