Elites takes to EVs

Stakeholders in the auto sector, who introduced both locally assembled and imported pure electric vehicles (EVs), hybrid electric vehicles (HEVs) and plug-in hybrid vehicles (PHEVs), must be excited now after getting a good response from customers from the elite class. In 2025, the upper class may see many more options with the entry of new locally assembled HEVs from Japanese and Korean assemblers like the Honda HR-V, Haval Tank 500 and Kia Sorento. This past year, China’s EV giant BYD introduced two imported battery electric vehicles before launching locally assembled EVs to be functional in 2026 near the Karachi plant with an investment of $150 million and an annual production capacity of 50,000 units. In a chat with Dawn, stakeholders in the various categories of EVs appear highly reluctant to share the outlook for 2025 relating to local assembly, sales and introduction of new locally assembled and imported models.