Dewan Farooque Motors Limited (DFML) has partnered with Eco-Green Motors Limited (EGML) to enter into a toll manufacturing agreement.
Under this agreement, DFML will manufacture EGML’s Honri-VE (200KM and 300KM range). DFML made this announcement in a notice to the Pakistan Stock Exchange (PSX) on Thursday.
Following the agreement, the company said it has become the “leading manufacturer of electric vehicles in Pakistan.” The production of Honri-VE is expected to begin in August this year.
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On Wednesday, Dewan Farooque Motors Limited announced the resumption of commercial production for its specialized KIA commercial vehicle, known as the KIA ‘SHEHZORE’.
The company disclosed that the launch ceremony for the vehicle is set to take place on June 4, 2024.
