Distinguished Innovations, Collaboration and Entrepreneurship (DICE) and Sir Syed University Engineering & Technology (SSUET) on Saturday launched the prototype of first ever 'Made in Pakistan' electric car.

The first ever prototype of 'Made in Pakistan' electric car is unveiled in All Pakistan Dice-Automotive 2019 held at SSUET here.

Speaking at a joint press conference by SSUET faculty and DICE representatives, they said that two variants of 660cc Dice car were being manufactured (gasoline and electric) which was expected to be available in the market by 2021. They urged the government to take supportive measures in order to protect this indigenous car project in next auto policy; adding the project cost was estimated to Rs 25 million.

They said there were immense opportunity in auto, health, Halal foods and other sectors but "we had to find import substitutions instead of importing finished goods and stressed upon the need of value addition to increase country's exports." Moreover, they said that authorities concerned should work to turn negativity into positive mindset and enhance capacity and capability of local manufacturing sector for getting sustainable growth.

Jawaid Anwar Chancellor SSUET, Prof, Dr Vali Khan vice chancellor, Cdre (retd) Engr Syed Sarfaraz Ali, Registrar SSUET, Dr Khurshid Qureshi, chairman and founder DICe and Saad Ellahie, president DICE, spoke at a press conference.

Copyright Business Recorder, 2019