Dewan Motors launches Honri Ve electric car in Pakistan, priced at Rs 4 million

Dewan Motors, in collaboration with Eco-Green Motors Limited (EGML), unveiled its first small electric vehicle (EV), the Honri Ve, marking a significant step in Pakistan’s automotive industry.

The launch event, held in Karachi, on June 6, was attended by top executives from both companies, highlighting their commitment to bringing innovative and eco-friendly transportation solutions to the local market.

According to the company, production is slated to begin in August 2024.



The announcement followed Dewan Farooque Motors Limited (DFML)’s recent disclosure of a toll manufacturing agreement with EGML, allowing DFML to produce the Honri Ve. This move is expected to solidify DFML’s position as a leading manufacturer of electric vehicles in Pakistan.

The unveiling of Honri Ve came just a day after DFML announced the resumption of commercial production for its KIA ‘Shehzore’, a special-purpose commercial vehicle.
The launch ceremony for the Shehzore is scheduled for the first week of June 2024, indicating a busy year ahead for DFML.


Specifications and features of Honri Ve

The Honri Ve is designed to cater to the growing demand for affordable and efficient electric vehicles in Pakistan. Here’s a closer look at what the Honri Ve offers:


Dimensions

  • Length: 3517mm
  • Width: 1495mm
  • Height: 1660mm
  • Wheelbase: 2495mm
  • Ground Clearance: 130mm


Performance

  • Battery: Ternary Lithium Battery
  • Motor: Permanent Synchronous Motor
  • Power: 30Kw
  • Torque: 84Nm
  • Maximum Speed: 100 km/h
  • Charging Time: 7 hours
  • Range: 200 kilometers per charge
  • Driving Modes: Economy and Sports
  • Braking: Regenerative Braking System


Car Exterior

  • Brakes: Disc (Front), Drum (Rear)
  • Tyres: 155/65/R15 with alloy rims
  • Additional Features: Rear spoiler, Halogen adjustable front headlamps, Dual-tone side view mirrors with indicators, Chrome and black front grille, Daytime Running Lights (DRLs)


Interior

  • Steering: Electric power
  • Transmission: Knob type
  • Seat Adjustment: 4-way for both driver and passenger
  • Camera: Rearview
  • Windows: Front and rear electric
  • Additional Features: Rear seat folding, 5-inch color instrument cluster, 10.25-inch infotainment screen with Android system, 220V AC Charging Gun


Safety & Convenience

  • Systems: Anti-Lock Braking System (ABS), Braking Force Distribution System (EBD), Driver-only SRS airbag, Tyre Pressure Monitoring System (TPMS)
  • Child Safety: ISOFIX Child Seat Interface
  • Alerts: Low-Speed Pedestrian Warning
  • Locking: Automatic lock while driving, Automatic unlock after collision
  • Parking: Rear parking sensors


Price

Honri VE electric cars are available in two variants and prices start from Rs. 3,999,000 (or Rs 4 million or 4 lac), according to the company’s official notification.

  • 18.5kWh battery capacity offering a range of 200km is priced at Rs. 3,999,000.
  • 29.9kWh battery capacity offering a range of 300km is priced at Rs. 4,999,000.

These special prices are available for a limited time only.

Pakistan’s Dewan Farooque Motors Limited (DFML) has collaborated with the Chinese car group to develop Honri Ve, a locally manufactured small electric vehicle (EV) in Pakistan.

Dewan Honri VE electric car
Pakistan’s Dewan Motors collaborates with the Chinese Honri Group to develop Honri Ve, a locally manufactured small electric vehicle (EV) in Pakistan. (Image Credit: Dewan Motors)


Stock Market Reaction

Following the announcement, Dewan Motors witnessed a surge in its stock market activity. On June 6, DFML saw the trading of 25.937 million shares, resulting in an 8.0 percent increase in its share price, reflecting the market’s positive reception of the company’s expansion into the electric vehicle sector.


Promising future for EVs in Pakistan

The introduction of the Honri Ve represented a significant milestone for Dewan Motors and the Pakistani automotive market. As the country moves towards greener and more sustainable transportation options, the Honri Ve is poised to be a game-changer. Its combination of modern features, affordability, and environmental benefits could make it a popular choice among Pakistani consumers.

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