Now U Will Get Cheap Cars ! Chinese Company Great Announcement For Pakistani
December 16, 2021 / By Zunair Tahir / News Pakistan
The Chinese company has finally announced to set up a plant in Pakistan, according to which the Chinese company Cherry Automobile in collaboration with Gandhara Nissan is setting up a vehicle manufacturing plant at Karachi Port Qasim.
People of Pakistan will be getting Cheap Chinese Cars to be Manufacture in Pakistan by the Plants that will be placed in Karachi at Port Qasim.
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Gandhara Nissan will invest more than کروڑ 10 million in the first four years. Cherry Pakistan will start operations with an initial dealership network of 8 dealers across the country and a production capacity of 16,000 units per annum. It will be increased to 32,000 units.
Sales of locally manufactured vehicles “Protego 8” and “Protego 4” in Pakistan are expected to start in FY 2021-22, compared to SUVs of other companies in Pakistan. The price of the Chinese company’s SUV has come down drastically.
THE VW Beetle Turns Chinese | ORA Punk Cat Car Electric
August 23, 2021 / By Zunair Tahir / News Pakistan
Volkswagen’s Beetle Has been reborn as a four-door Electric car in China under the name : PUNK CAT
The Ora Punk Cat is an electric vehicle designed to look like a vintage Volkswagen Beetle. Unless VW intervenes, the car will be available to Chinese consumers before the end of the year.
It looks that if Volkswagen does not want to manufacture an electric Beetle, someone else will. Great Wall Motors presented the Ora Punk Cat, a four-door electric car that bears a remarkable similarity to the VW Beetle, with its round headlights and distinctive hood that takes up about a third of the vehicle, at this week’s Shanghai Auto Show.
In 2019, Volkswagen ended production of the Beetle. The German carmaker aims to release an electric van based on the original VW Bus in 2024, but there are no plans to bring the famous bug back. Perhaps the Ora Punk Cat will persuade it to rethink, particularly if it succeeds in China.
BUDGET ELECTRIC CAR
Ora is a Great Wall electric sub-brand that specialises in tiny battery-powered cars. The Ora iQ, the company’s first vehicle, was released in 2018 as a compact crossover with a 46.57 kWh battery and a range of 250 miles on a single charge. Great Wall hasn’t revealed any details on the Punk Cat, but it will be available before the end of the year, according to the company. Volkswagen, predictably, has sent a statement to Carscoops stating that it is aware of the Punk Cat and is considering legal action. “We are investigating this situation for any potential infringement of Volkswagen AG utility model or design rights, and we retain the right to take any required legal action,” a spokesman stated.
Ora’s take on the Beetle is actually very great. And many automobiles from other manufacturers have a striking resemblance that no one notices. Someone else should be permitted to build a new electric Beetle if VW does not wish to. When it comes to industries that are crucial to China’s economy, such as electric cars, Chinese policymakers have a history of ignoring foreign IP conflicts. The government’s significant subsidies to assist firms reach mass manufacturing and make China a global leader in green energy have fueled low pricing for electric automobiles there.
The number of vehicles imported by automakers has increased by 83%
June 23, 2021 / By Zunair Tahir / News Pakistan
According to the study, auto-industry imports totaled $2.624 billion in the first eleven months of FY 2020-21, compared to $1.431 billion in the first eleven months of FY 2019-20.
The value of CKD/SKD car imports in this year was $2.180 billion, up 86.72 percent from the previous year. CBU imports grew by 81.29 percent, with a value of $336.941 million compared to $185.861 million previous year.
Impact of Budge On Auto Sector 2021-22
According to industry observers, the recent flood of new cars may have caused such a huge spike in the value and volume of vehicle imports. In the previous year, almost two dozen new cars were released to the Pakistani market, the majority of which are SUVs, but virtually all of them cost more than PKR. 4 million.
The government is turning its attention to encouraging the sale and purchase of smaller, more environmentally friendly automobiles in order to decrease the high import bill.
The All Pakistan Motor Dealers Association (APMDA), on the other hand, is advocating for a change of the import rules to encourage car imports. H.M. Shehzad, the Chairman of the APMDA, wrote to the Ministry of Finance (MOF) around two weeks ago to suggest modifications to the new car policy that would take effect after the presentation of the 2021-22 budget.
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He went on to say that the newcomers are also raising costs, delaying car deliveries, and “fleecing the consumers in the form of Own-Money” for early deliveries of their automobiles.
Shehzad proposed that the government encourage the import of automobiles into Pakistan to promote healthy competition in the market and to raise the quality standards of current automakers.
Ghandhara Nissan & Cherry To Launch 3 EVs In Pakistan
Ghandhara Nissan partnered with a Chinese firm within nearly three years to carry out electric vehicles from their latest planned factory in Pakistan, officials of the company said on Wednesday.
In line with Pakistan’s plan to enforce the electric vehicle program, the organization will launch its electric vehicle lineup in the country over the next two to three years, Secretary Fareena Mazhar said during a meeting with the Board of Investment (BoI).
Muazzam Pervaiz, chief executive officer of Ghandhara Nissan, visited the BoI along with his team to propose a brownfield investment business plan of Rs2.4 billion.
Together with the China-based Chery Company, Ghandhara Nissan aims to introduce the new passenger cars in Pakistan. The line-up contains numerous types of passenger cars, ranging from hatchbacks and sedans, crossovers to hybrid vehicles and sports utility vehicles.
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During the first six months of the current fiscal year, car sales rose 18 percent to 78,910 units, according to industry reports. In the corresponding timeframe of the last fiscal year, Suzuki, Indus Motors, Honda and Hyundai reported sales of 67,019 units, Topline Securities said.In December, sales of passenger cars rose 12.6 percent to 11,247 units from 9,987 units during the same month a year ago. In comparison, car sales were smaller, compared with 11,914 units in November. An rise in revenue was also seen for jeeps, cars, tractors, three-wheelers and motorcycles.
Chery Group is the Chinese car industry’s leading brand. With more than 11,000 patents and 3,200 committed research and development employees, the company set up a full research and development infrastructure. With 23 specialist modules covering vehicle and component durability, handling stability, NVH, protection and environmental adaptability, emissions, components and other properties of research production and verification capabilities, Chery has more than 2,600 pilot projects.
The proposed product line that will have value for money and deliver top of the line safety features to customers was appreciated by Mazhar of BoI. In order to maintain a friendly market climate, she told the team about numerous steps taken by the government, including incentives proposed in the forthcoming electric vehicle program.
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