Pakistan exports its first SUV vehicle under new AIDEP 2021-26

News Image

MG News | May 13, 2022 at 11:40 AM GMT+05:00

0:00

May 13, 2022 (MLN): Pakistan has exported its first vehicle – made by Master Changan Motors – under the new Auto Industry Development and Export Policy (AIDEP 2021-26), according to a press release issued by the company on Thursday.

Under the new auto policy, all OEMs were required to initiate vehicle exports to help develop the local industry and expand the export capability of the country.

The country’s first export unit under the new policy is the Changan Oshan X7. The Oshan X7 is also Pakistan’s first vehicle to be launched through a global RHD premiere earlier in March 2022.

Pakistan is the only country outside of China to produce the latest model of Changan Oshan X7. The global premiere was viewed across all RHD markets digitally, resulting in the start of global exports of the latest vehicle.

Commenting on the development, Danial Malik – CEO of Master Changan Motors Limited said:

“We are delighted and proud to lead Pakistan into a new chapter for the auto industry and make its mark on a global level. The Changan Oshan X7 is the first of many more vehicles to be exported under our vision to stay Future Forward, Forever and the Auto Industry Development and Export Policy (AIDEP 2021-26)”.

Master Changan is not only building vehicles of international level build quality, design and safety features but has also stayed true to its vision of becoming the RHD Export hub of Changan vehicles from Pakistan to the world.

Changan Oshan X7 was launched in March 2022 and features class-leading specifications. The vehicle is a package of head-turning looks and best-in-class performance. Equipped with the newest generation 1.5L Turbo engine, a 7-speed DCT Transmission and intelligent features like adaptive cruise control, collision warning and auto-braking. Oshan X7 churns out an incredible 300 Nm torque and 185 hp output.

Pakistan is Changan’s first and only RHD manufacturing base and is helping the brand expand globally. The state-of-the-art plant was completed in a record time of just 13 months and now has the capacity to produce 50,000 vehicles annually. Steven Zhao – Vice CEO of Master Changan Motors Limited remarked:

“Master Changan is our first RHD production base and we are very happy to export our RHD Oshan X7 SUV from Pakistan.”

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,140.00 119,450.00
115,635.00
4270.00
3.75%
BRENT CRUDE 70.63 70.71
68.55
1.99
2.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.75 68.77
66.50
2.18
3.27%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 11, 2025 at 10:56 PM GMT+05:00

Gold price in Pakistan rises Rs2,300 per tola


July 11, 2025 at 05:49 PM GMT+05:00

PKR gains 10 paisa per USD


July 11, 2025 at 05:41 PM GMT+05:00

PSX Closing Bell: Bulls Serenade The Bourse


July 11, 2025 at 05:06 PM GMT+05:00

UBL doubles profit to Rs65bn in 1HCY25


July 11, 2025 at 04:19 PM GMT+05:00

Ideal Spinning Mills to exit spinning business



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg