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Hybrids save $27m in fuel imports
KARACHI: More than 30,000 hybrid electric vehicles (HEVs) have hit Pakistani roads over the past two years, saving an estimated 30 million litres of fuel and reducing the oil import bill by around $27 million.
Lucky Motor Corporation (LMC) Chief Executive Mohammad Faisal said the savings could multiply if hybrids accounted for 25-30pc of the overall vehicle market. Pakistan’s auto market, including cars, vans, SUVs and pickups, averages 180,000-200,000 units annually, with HEVs now holding over 50pc share in the sport utility vehicles (SUV) segment during the first quarter of FY26.
Since 2021, 13 new electrified models have been launched in Pakistan, nine of which are hybrids from Korean, Chinese and Japanese assemblers. Mr Faisal said the trend reflects growing consumer confidence in HEVs due to easier maintenance, consistent........
© Dawn Business
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