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Capital Smart Motors (CSM) has announced plans to launch its manufacturing and assembly operations in Pakistan.
The company confirmed that it is setting up one of Pakistan’s early New Energy Vehicle (NEV) CKD (Completely Knocked Down) production plants, as the country moves toward localized EV production.
According to an official statement, CSM is now entering the manufacturing phase. Under Phase 1, the company will take over a local facility for interim production, while Phase 2 will involve the construction of its own state-of-the-art CKD plant.
Capital Smart Motors, a relatively new player in Pakistan’s automotive market, has so far introduced four Chinese EV brands in the country: Riddara, an all-electric pickup truck brand; Zeekr, a luxury EV brand; Forthing, whose model Friday was Pakistan’s first range-extended electric C-SUV (REEV); and JMEV, the manufacturer of the all-electric sedan Elight.
Until now, CSM has been importing vehicles as CBUs (Completely Built-Up units). With local assembly now on the horizon, the company expects to lower costs and offer more competitive prices.
It’s worth noting that Seres 3 was Pakistan’s first New Energy Vehicle (NEV) assembled locally. More recently, Hub Power Company (Hubco) and Chinese EV giant BYD announced plans to establish another NEV assembly plant, expected to begin operations in 2026.