Home » Honri VE Price in Pakistan 2026: Specs and NEV Policy Impact

Honri VE Price in Pakistan 2026: Specs and NEV Policy Impact

by Haroon Amin
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Pakistan’s automotive landscape has reached a pivotal turning point in 2026. The shift toward sustainable mobility is no longer a distant goal but a realized reality, led by the local assembly of the Honri VE. Dewan Farooque Motors Limited (DFML), in collaboration with Eco-Green Motors Limited, has successfully transitioned the Honri VE from a niche import to the country’s first locally assembled electric hatchback.

This transition aligns perfectly with the National Electric Vehicle (NEV) Policy 2025-2030, which has accelerated the adoption of EVs through aggressive subsidies and infrastructure development. Whether you are looking for an urban commuter or a long-range city car, the Honri VE 2.0 and 3.0 variants now define the entry-level EV segment in Pakistan.

Honri VE Price in Pakistan 2026

For the 2026 model year, pricing has stabilized following the initial localized production surge. These prices represent the ex-factory rates, which have become highly competitive due to the tax incentives provided for Completely Knocked Down (CKD) units.

VariantRange (CLTC)Ex-Factory Price (2026)
Honri VE 2.0200 kmPKR 3,599,000
Honri VE 3.0300 kmPKR 4,399,000

Note: On-road prices vary by city based on local taxes, registration fees, and freight charges.

Technical Specifications: 2.0 vs. 3.0 Variants

Dewan Motors offers two distinct configurations of the Honri VE to cater to different driving needs. While both maintain a compact footprint ideal for congested urban centers, their internal architectures differ significantly in terms of battery chemistry and power output.

Honri VE 2.0 (200km Variant)

The VE 2.0 remains the most affordable entry point into the EV market. It utilizes an 18.5 kWh Ternary Lithium Battery paired with a 30 kW motor. Delivering approximately 40 HP and 84 Nm of torque, it is optimized for daily city commutes. Owners can expect a full charge in 7 to 8 hours using a standard 220V home socket.

Honri VE 3.0 (300km Variant)

The VE 3.0 is the premium choice for those requiring extended range. It features a more robust 29.9 kWh Lithium Iron Phosphate (LFP) battery. This variant increases motor output to 35 kW (47 HP) and 87 Nm of torque. Despite the larger battery capacity, charging efficiency remains high, with a 0-100% charge achievable in approximately 7 hours.

The Milestone of Local Assembly (CKD)

A major catalyst for the Honri VE’s success is its production status. Dewan Farooque Motors Limited made history in August 2024 by becoming the first company in Pakistan to receive a license for the local assembly of electric vehicles.

By December 2024, the plant had already rolled out over 100 units. This momentum continued into 2025, with more than 300 units delivered to Eco-Green Motors by mid-year. Local assembly has not only lowered the retail price by avoiding heavy CBU import duties but has also ensured a more reliable supply chain for spare parts and specialized EV maintenance.

Impact of the NEV Policy 2025-2030

The National Electric Vehicle Policy, launched on June 19, 2025, serves as the structural backbone for the Honri VE’s market dominance. The government has set an ambitious target: 30% of all new vehicle sales must be electric by 2030, rising to 90% by 2040.

Key Policy Incentives:

  • Direct Subsidies: For the 2025-26 fiscal year, the government allocated PKR 9 billion to jumpstart the EV ecosystem. This includes specific subsidies for four-wheelers calculated at PKR 15,000 per kilowatt-hour of battery capacity.
  • Localization Targets: The policy encourages manufacturers to achieve high localization rates, providing tax exemptions for components produced within Pakistan.
  • Charging Infrastructure: To combat “range anxiety,” the policy mandates the installation of 40 new EV charging stations along major motorways, spaced roughly 105 kilometers apart.
  • Building Codes: New building regulations now require the integration of EV charging points in residential and commercial developments, making home charging a standard feature for Honri VE owners.

Performance and Urban Utility

Both variants of the Honri VE are designed with the modern Pakistani city in mind. With a compact length of 3,517mm and a wheelbase of 2,495mm, the vehicle excels in narrow streets and tight parking spaces.

Safety features have been modernized for the 2026 models, including:

  • Rear-view cameras and parking sensors as standard.
  • Tyre Pressure Monitoring System (TPMS).
  • Anti-lock Braking System (ABS) with Electronic Brakeforce Distribution (EBD).
  • Driver-side SRS airbags and ISOFIX child seat anchors.

The inclusion of both Economy and Sports driving modes allows drivers to prioritize either battery conservation or throttle responsiveness, while regenerative braking helps recapture energy during stop-and-go traffic in cities like Karachi, Lahore, and Islamabad.

Future Outlook

As fuel prices remain volatile, the economic argument for the Honri VE has never been stronger. The government’s projection of saving nearly USD 1 billion in foreign exchange annually through fuel import reductions further cements the EV’s role in the national economy.

With Islamabad designated as a “model electric mobility city” and the federal government transitioning its own fleet to electric by 2027, the Honri VE is positioned as the primary vehicle for this national shift. Dewan Motors’ proactive approach in securing the first CKD license has given the Honri VE a significant head start in a market that is rapidly moving away from the internal combustion engine.

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