Just a month after its official launch in Pakistan, Regal Automobiles has announced a massive price reduction for its locally assembled Seres 3 Electric Vehicle (EV).
In a notification on Wednesday, the company stated that it has decided to reduce the price of the vehicle due to improvement in the value of the Pakistani rupee against the US dollar.
Furthermore, the adjustment in duty and levies for EVs has also been cited as the reason for the price cut. Additionally, the company added that this step aligns with its commitment to encouraging sustainable mobility and promoting the adoption of electric vehicles within the country.
Price Reduction
The ex-factory price of locally assembled Seres 3 EV has been significantly reduced by Rs. 809,000. Following the price reduction, the vehicle will now be available for Rs. 8,390,000 compared to its old price of Rs. 9,199,000.
Moreover, the booking price of the car has also been slashed by Rs.50,000. EV enthusiasts can book Seres 3 at Rs. 250,000 instead of Rs. 300,000. The delivery is expected to start by April 2024.
Restrain from preordering Seres 3 EV and it will come down even further. Not due to Pak. R.s. appreciation but due to lack of interest.
This is the consumer power if they don’t blindly buy any car launched at any price suitable for the manufacturer.
Boycott car brands for 3 months and see the result.
Every brand will offer interest free installments plan.
Irfan bhai for PM!
Good Chinese reply to all other expensive EVs. 400 km is a respectable range.
Why would anyone buy Regal badge instead of Honda or Toyota in this price?
What EV options do we have in Toyota or Honda in this price range?
They are simple, this is ev
what ridiculous price… doesn’t have good range and its much smaller than sportage , Tucson, mg
if some one has 10mil+, u can practically get it for free, ppl who know this will book the car at this price, its just public is not smart enuf, and will say OMG who will buy this or corolla cross etc while they cry some will enjoy these cars, both are now in same league,
Please elaborate
83 lacs?? Or you serious or something else?
118lac
EV is the future product. In next 5 years Pakistan market will be captured by EV. Its price should further needs to reduce to attract the public. Produce your own electricity by Solar and buy an EV to enjoy free ride at least within the city.
next 5 years mein to USA mein bhi nahi ho raha market capture. hahaha. lagta hy ap kisi EV company ky liye kaam karty ho. Solar sy charging ky liye apko kam az kam 10kw solar lagana hoga. 6 lakh ky panels aur 5 lakh ka on grid inverter. itny paison mein 5 saal tak ka petrol ka kharcha nikal ata hy.