Toyota Indus Motor (IMC), a well-known corporation, has announced that it would begin the process of advancing the manufacturing facility for the regional convention of Hybrid Electric Vehicles (HEVs) in this nation.
Meanwhile, during a session of periodic performance review, Toyota IMC CEO Ali Asghar Jamali stated in a statement that he expects the company to begin selling HEVs in Pakistan within the next two years. He didn’t disclose any specific car by name, but he did say that Toyota will begin selling its first HEV before July 2004.
Jamali also praised Pakistan’s government for working on the Automotive Industry Development and Export Policy (AIDEP) (2021-26), which required the country to invest $100 million on regional HEV assembly. He indicated that he sees the firm heading in the direction of the CKD HEV launch timeline created in Pakistan.
Because many of Toyota’s vehicles are already on the market in Pakistan, such as the Corolla, Prius, and Camry, all of these already available automobiles are unaffordable and very expensive due to the fact that they are completely built-up imports (CBU).
Many additional HEVs are imported into Pakistan, including the E160 Toyota Corolla, Toyota Ch-R, Toyota Aqua, and many others. Even with such a high price tag, these automobiles are quite popular.