Billed as the country’s first indigenous electric vehicle, the Noor-E75 was planned and built by Dice Foundation, an American non-profit organization managed by Pakistanis living in the US, Europe and other countries. educational institutions and industries.
Khurshid Qureshi, President, Founder and Autonomous Vehicle Development Expert, Dr. Dice Foundation, said during the presentation that Pakistan has innovated since its inception 75 years ago, while other countries like South Korea and China have developed all over the world. . time limit.
“Japan taught South Korea to make television, and today it makes better television,” he said during the event. “I cannot stress enough the importance of this discovery and how it will revolutionize both Pakistan’s economy and the welfare of its people.”
“We’ve spent a lot of time importing,” he said, adding that electric vehicles represent the future of the automotive industry.
Elaborating on the Nur-E75 hatchback, he said that commercial production will start in the fourth quarter of 2024. The firm was named Jaxeri after a Muslim scholar.
Dr. Qureshi expressed his confidence in the economic importance of this car several times during the exhibition. he said;
“This electric car will play an unprecedented role in the context of environmental and climate change, helping us move away from the use of non-renewable resources.”
“This prototype is a 5-seater hatchback, but we plan to build a sedan and a compact SUV on the same platform,” explained Dr. Qureshi.
He also acknowledged the project partners including NEDUET, DSU, NCA, TEVTA Punjab, NUST, SSUET, Amreli Steels, PSG and Crudson Aluminium.
“The project will cost between $60 and $80 million to complete.”
Dr. Qureshi said that by the time the commercial production of the vehicle starts, it will consist of 60 percent local components, which will increase to 80 percent in the coming years. He said the country will continue to need raw materials such as lithium, which is used in electric batteries and is produced in several countries, including China, Chile, Australia and Argentina.
He said that Tesla also buys batteries from China.
“Other auto businesses simply assemble cars here and manufacture some parts, while their parent corporation designs them elsewhere,” he explained.
Dr Qureshi declined to provide pricing information, but said the vehicles in the same region, the Honda-E and the Nissan Leaf, are priced at US$40,000 and US$35,000 respectively, much cheaper than the “Noor-E75 price”. Will be. This.”
However, another official said that customers should not expect a vehicle under Rs 2 crore.
The automobile takes eight hours to fully charge and has a top speed of 127 kmph during testing. It has a range of 210 km on a full charge.
Former president of Pakistan Association of Automobile Parts and Accessories Manufacturers (PAAPAM) Masood Khan said that the government should encourage domestic vehicles.
“Pakistan’s electric car development is a huge achievement. If we want to be a part of the global competition that will be dominated by electric vehicles by 2040, we have to start now.”
Khan said it was a timely initiative and stakeholders should support it to ensure its success.
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