KARACHI: Master Changan Motors Ltd (MCML), a joint venture between Master Group of Industries and Changan International, has announced plans to locally assemble its recently launched imported electric vehicles (EVs) within the next year. The company intends to transition these models into a completely knocked-down (CKD) project.
Currently, MCML’s plant is fully operational, and following an upgrade, it will be ready to produce locally assembled EVs.
On Friday, MCML unveiled two of its imported EV models — the Deepal L07, a sports luxury sedan, and the S07, an SUV — at Dolmen Mall, Clifton.
Speaking on the sidelines of the event, MCML Director of Sales and Marketing, Shabir-ud-Din, shared that the company plans to invest $50 million to launch three to four CKD models over the next two to three years.
He emphasized that MCML aims to offer affordable pure electric vehicles with a range of over 500 kilometers, similar to the imported Deepal models, which can travel from Lahore to Islamabad on a single charge or last up to a week of city driving.
Mr. Shabir also mentioned that all 23 of the company’s after-sales service centers across the country would be converted into EV workshops to support the new technology.
MCML Chief Executive Danial Malik added that the company is committed to expanding the EV charging infrastructure from the current five cities to 17 cities.
He also highlighted that 41% of Pakistan’s energy mix is derived from non-fossil fuel sources, while the country’s $15-16 billion oil import bill remains a significant strain on foreign reserves.