ISLAMABAD: Nishat Group has signed a strategic agreement aimed at introducing LUXEED electric vehicles in Pakistan, marking another step in the group’s expansion into the country’s automotive market.
The agreement was signed in Wuhu, China, and involves Nishat NexGen Auto and partners associated with the LUXEED vehicle brand, developed through cooperation between Chery and Huawei.
The proposed introduction would add a premium electric-vehicle brand to Nishat Group’s automotive portfolio, which already includes plans involving the OMODA and JAECOO brands.
LUXEED vehicles combine automotive engineering with connected-car and smart-vehicle technologies. The agreement outlines a direction for bringing the brand to Pakistani consumers, rather than confirming an immediate retail launch.
Product Details Awaited
Nishat Group has not yet announced which LUXEED models will be offered in Pakistan, their prices or a confirmed market launch date.
Details of the proposed product range and introduction schedule are expected to be disclosed later.