Sazgar to Introduce New Energy Vehicles By End of 2025

Sazgar Engineering Revs Up for a Greener Future: New Energy Vehicles Hit Pakistan by 2025!

Pakistan’s automotive landscape is all set for a major revamp! One of Pakistan’s household names in vehicles, Sazgar Engineering Works Limited (SAZEW), is about to take the first step on a cleaner future.

Read More: Sazgar Engineering Records High Sales

Here is what you need to know:

Sazgar Goes Green: Introducing New Energy Vehicles (NEVs)

• Committed Towards Sustainability: SAZEW commits a huge amount to sustainability through launching New Energy Vehicles in Pakistan. This is perfectly in line with the global shift towards a greener way of transport.
• Expected Date of Launch: Mark the Date! SAZEW expects NEVs to roll out of its assemblies by the end of 2025. Such a time-bound plan underlines its commitment towards cleaner mobility to Pakistan.

Investing in the Future: Creating a NEV Ecosystem

Strategic Spread: SAZEW is not only talking, they are walking. They have charted out a plan as below:

Up gradation of existing infrastructure to manufacture NEVs.

Investment in renewable energy to be utilized in their manufacturing units.

Setting up new manufacturing units for local assembly of NEVs.

Financing the Future: This heavy investment of approximately Rs. 4.5 billion would be funded by way of SAZEW’s internal resources, which would only further boost its finance strength and prove commitment to the project.

Solid Financial Foundation Lays the Groundwork: Sazgar to Introduce New Energy Vehicles By End of 2025

SAZEW’s foray into NEV at this end has arrived during the period of impressive financial performance. The company reported profits of 697% better in FY24 as against the previous fiscal year. This quality financial foundation positions them to make bets for the future with much more confidence.

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