Home Business Hyundai Nishat is Coming Soon to Pakistan

Hyundai Nishat is Coming Soon to Pakistan

SHARE

Hyundai Nishat is coming very soon with electric and hybrid cars in Pakistan. They are currently working on their website which is displaying ‘Coming Soon’ status.

This is the website of Hyundai Nishat

www.hyundai-nishat.com

The image on the website is of cars along with dealership email, address, and job application email id.

Many of us are interested to know which cars will be introduced by Hyundai Nishat. Now the image displayed on the website is of two SUVs and two Sedans. The Hyundai cars that will come into the market will all be hybrid. So all of them will be fuel efficient and operate on car batteries instead of fuels. At the moment the hybrid cars in the market are all Japenese models that include Toyota Prius and Toyota Aquas and Camry.

Read also: Hyundai to produce luxury trucks and buses in Pakistan

Hybrid electric cars are not just fuel efficient, they are also eco-friendly.

Nishat Group entered into a deal with Hyundai to establish a car assembly plant in Pakistan. The aim is to introduce electric and hybrid cars in the country.

Mian Mansha said, “The (south) Korean car maker wants to first start the assembly of small cars that could compete with the existing (Japanese) assemblers already operating in this market. We are discussing with them… trying to convince them to also bring electric and hybrid cars. I see (that) the future is in electric cars. We could import these cars in the beginning and later also start assembling them locally.”

Mian Mansha is ready to invest $120 million for this mega project. He has acquired land in Islamabad for it. 42% of the stake in the new company will be owned by Nishat Group.