SAZGAR to launch Pakistan's first HEV on Nov 17

News Image

MG News | November 16, 2022 at 11:33 AM GMT+05:00

0:00

November 16, 200 (MLN): Sazgar Engineering Works Limited (SAZEW) is all set to launch the first Hybrid Electric Vehicle (HEV) of Pakistan under the brand HAVAL on Nov 17, the company’s filing on PSX said today.

To recall, the company informed the bourse on August 19, 2022, about its successful trial completion before the stipulated time and the first CKD roll-out of these vehicles was expected within August 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.

Copyright Mettis Link News 

Related News

Name Price/Vol %Chg/NChg
KSE100 156,177.82
367.85M
-0.00%
-3.12
ALLSHR 95,630.38
1,498.37M
-0.06%
-60.44
KSE30 47,678.47
206.79M
-0.08%
-35.92
KMI30 229,682.22
174.86M
-0.02%
-39.87
KMIALLSHR 64,366.76
638.47M
-0.08%
-53.31
BKTi 41,922.80
89.51M
-0.11%
-46.72
OGTi 31,735.79
16.87M
-0.80%
-255.97
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 116,670.00 117,295.00
116,115.00
845.00
0.73%
BRENT CRUDE 67.91 68.59
67.62
-0.56
-0.82%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 93.50 93.50
93.50
0.15
0.16%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.77 63.82
63.59
-0.28
-0.44%
SUGAR #11 WORLD 16.23 16.59
16.23
-0.33
-1.99%

Chart of the Day


Latest News
September 18, 2025 at 12:19 AM GMT+05:00

Pakistan, Saudi Arabia sign Strategic Mutual Defense Agreement


September 17, 2025 at 11:55 PM GMT+05:00

Fed delivers 25 basis-point rate cut


September 17, 2025 at 05:37 PM GMT+05:00

Auction Result: Govt raises Rs201bn through T-bills


September 17, 2025 at 04:59 PM GMT+05:00

Hala Enterprises to increase weaving capacity by 75%


September 17, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: Flatlined but Holding On



Top 5 things to watch in this week

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