Following Kia, Peugeot, and Suzuki’s decision to cut their prices, GuGo Motors has also announced a massive price reduction for its electric hatchback, the GiGi EV.
Yesterday, the company announced a massive price reduction of Rs. 750,000. Now, the GiGi EV will cost Rs. Rs. 3,900,000 compared to the old rate of Rs. 4,650,000. It should be recalled that GuGu Motors had displayed the car at the Pakistan Auto Show (PAPS) 2023.
Price Reductions
Automakers started cutting their prices after KIA announced to reduce the price of Stonic EX+, by a whopping Rs. 1,500,000. Lucky Motor Corporation (LMC) also cut the price of Peugeot 2008 by up to Rs. 450,000. The price of Active variant had been reduced by Rs. 350,000 while that of the Allure variant by Rs. 450,000.
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Later, Pak Suzuki Motor Company also decided to slash the prices of its Swift model vehicles by up to Rs700,000 in view of the prevailing market conditions and dynamics, for a limited time.
