BR100 Increased By (0.44%)
BR30 Increased By (1.39%)
KSE100 Increased By (0.62%)
KSE30 Increased By (0.61%)
BECO 5.49 No Change ▼ 0.00 (0%)
BML 56.00 Decreased By ▼ -0.76 (-1.34%)
BOP 35.41 Increased By ▲ 0.29 (0.83%)
CNERGY 8.20 Increased By ▲ 0.05 (0.61%)
DCL 11.55 Increased By ▲ 0.04 (0.35%)
FCCL 58.15 Increased By ▲ 1.40 (2.47%)
FCSC 5.15 No Change ▼ 0.00 (0%)
FFL 17.90 Increased By ▲ 0.02 (0.11%)
FNEL 1.25 No Change ▼ 0.00 (0%)
HUMNL 11.10 Decreased By ▼ -0.02 (-0.18%)
KEL 8.56 Increased By ▲ 0.14 (1.66%)
KOSM 6.75 Increased By ▲ 0.17 (2.58%)
MLCF 105.65 Increased By ▲ 2.35 (2.27%)
NBP 202.10 Increased By ▲ 1.92 (0.96%)
PACE 11.28 Decreased By ▼ -0.01 (-0.09%)
PAEL 44.42 Increased By ▲ 0.95 (2.19%)
PIAHCLA 28.66 Increased By ▲ 1.17 (4.26%)
PIBTL 18.75 Increased By ▲ 1.05 (5.93%)
PPL 248.10 Increased By ▲ 3.78 (1.55%)
PRL 35.35 Decreased By ▼ -0.08 (-0.23%)
PTC 66.15 Increased By ▲ 0.80 (1.22%)
SEARL 94.95 Increased By ▲ 1.63 (1.75%)
SSGC 32.04 Decreased By ▼ -0.90 (-2.73%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 66.65 Decreased By ▼ -0.07 (-0.1%)
TPLP 10.76 Decreased By ▼ -0.07 (-0.65%)
TREET 25.22 Increased By ▲ 0.10 (0.4%)
TRG 64.21 Decreased By ▼ -0.69 (-1.06%)
WAVES 10.85 Decreased By ▼ -0.08 (-0.73%)
WTL 1.27 Increased By ▲ 0.02 (1.6%)

KARACHI: Dewan Farooque Motors Limited (DFML) announced a significant achievement in its electric vehicle (EV) assembly operations, confirming that over 300 units of the Honri-VE have been successfully assembled and delivered to Eco-Green Motors Limited.

These vehicles are now poised for onward delivery to customers, marking a crucial step in the widespread adoption of electric mobility in Pakistan. The announcement was formally communicated in a letter addressed to the Pakistan Stock Exchange Limited on July 8, 2025.

DFML had previously informed on October 11 last year about its strategic toll manufacturing arrangement with its associated company, Eco-Green Motors Limited, for the assembly of the Honri-VE electric vehicles. The successful assembly and handover of more than 300 units within a relatively short period since the restart of manufacturing operations underscore the company’s operational efficiency and commitment to its new ventures, the letter added.

Dewan Farooque Motors Limited, a public limited company incorporated in Pakistan in 1998, has a core business revolving around the assembling, progressive manufacturing, and sale of vehicles in Pakistan. The company in its letter to the PSX expressed its profound appreciation and gratitude to all stakeholders for their unwavering trust and confidence, especially as it re-establishes its presence in the manufacturing sector. This milestone not only highlights DFML’s progress in the EV segment but also signifies its robust reentry into the broader automotive manufacturing landscape, it added.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.