Sazgar to launch first CKD HAVAL vehicle this month

August 19, 2022 (MLN): Sazgar Engineering Works Limited (SAZEW) is going to roll out its first CKD HAVAL vehicles this month i.e., August, 2022 after the successful trial completion before the stipulated time, the company’s filing on PSX said today.

On July 1, 2022, the company had successfully completed manufacturing facilities as of June 30, 2022, for the manufacturing/assembly of GWM "HAVAL" vehicles. The trial operation commenced with effect from July 15, 2022.

To recall, SAZEW had joined hands with Haval, which is an automotive marque owned by famous Chinese automaker GreatWall Motors (GWM) in March 2021.

The vehicle assembly and technical cooperation agreement with Haval/ GWM included the assembly, sales, and after-sales service of passenger & commercial vehicles.

In yesterday's announcement regarding the sales and production data of three-wheelers for the month of July 2022, the company sold 259 units of Auto Rickshaw which was around 85% lower than the sales of 1,797 units made in the previous month. 

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