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Dewan Group Poised to Revolutionize Pakistan's EV Sector by launching innovative electric vehicles

Dewan Farooque Motors Achieves Milestone with over 100 Honri-VE Electric Vehicle Deliveries

December 8, 2024
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Dewan Farooque Motors Limited (DFML) has marked a significant achievement in Pakistan’s electric vehicle (EV) market by assembling and delivering over 100 units of its EV model, Honri-VE. The announcement was made via a disclosure to the Pakistan Stock Exchange (PSX) on December 5, 2024, signifying the company’s successful restart of manufacturing operations after a period of dormancy.

A Collaborative Success

The milestone was achieved under a toll manufacturing agreement with Eco-Green Motors Limited, a company dedicated to promoting eco-friendly transportation solutions in Pakistan. This collaboration reflects the shared vision of both companies to advance sustainable mobility in the country.

DFML’s Commitment to the EV Sector

In its statement, DFML expressed gratitude for the unwavering support from its stakeholders, emphasizing its dedication to contributing to Pakistan’s rapidly growing EV market. With the increasing global focus on green energy and environmental sustainability, DFML’s efforts align with Pakistan’s broader goals of reducing carbon emissions and promoting eco-conscious initiatives.

Meeting Rising Demand for Eco-Friendly Transportation

The Honri-VE deliveries form part of Eco-Green Motors’ strategy to address the surging demand for electric vehicles in Pakistan. As awareness grows about the environmental and economic benefits of EVs, initiatives like this are expected to encourage greater adoption of sustainable transport solutions across the country.

A New Chapter for DFML

The successful delivery of over 100 units is not just a milestone but also a testament to DFML’s revival and adaptability in a competitive market. By reactivating its manufacturing operations and focusing on electric vehicles, DFML is positioning itself as a key player in the evolving automotive landscape of Pakistan.

Driving Towards a Sustainable Future

This achievement underscores the importance of partnerships and innovation in shaping the future of transportation in Pakistan. As DFML and Eco-Green Motors continue to work together, their efforts are expected to pave the way for broader acceptance and integration of EVs in the country.

With increasing government support and consumer interest in environmentally friendly vehicles, the Honri-VE milestone is a promising step toward a greener and more sustainable future for Pakistan’s automotive industry.


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