The vehicle, which has been dubbed the nation’s first indigenous electric vehicle, was designed and developed by the DICE Foundation, a US-based non-profit organisation run by Pakistanis who have relocated abroad (such as the US, EU, etc.), with assistance from the local academic community and business community.
Dr. Khurshid Qureshi, the chairman and founder of the DICE Foundation and a specialist in the development of autonomous vehicles, stated during a presentation that Pakistan has only imported innovation since its founding 75 years ago, while nations like South Korea and China have grown exponentially during that time.
— Real Mussavi (@Ingedile) August 14, 2022
During the ceremony, he added, “South Korea learned to make television from Japan and today it is making better TVs. “I cannot emphasise enough how important this innovation is and how it will revolutionise both Pakistan’s economy and its citizens’ quality of life.
He added that EVs were the way of the future for the car industry and that “we have wasted enough time importing.”
He revealed information regarding the hatchback Nur-E 75 and stated that the car’s commercial production is anticipated to begin in the fourth quarter of 2024. The business is called Jaxeri in honour of a Muslim scientist.
“In the context of the environment and climate change, this electric automobile will play a phenomenal role and assist in our transition away from the use of non-renewable fuels. We intend to build a sedan and a small SUV on the same platform in addition to this 5-seat hatchback prototype, according to Dr. Qureshi.
Additionally, he expressed gratitude to all the project’s collaborators, including NEDUET, DSU, NCA, TEVTA Punjab, NUST, SSUET, Amreli Steels, PSG, and Kruddson Aluminum.
For this project to be completed, finance of between $60 and $80 million is required.