PSX News Updates
PSX News Updates
February 13, 2025 at 08:45 AM
, Dewan Farooque Motors Limited (DFML) has announced plans to launch the 'Kama,' a locally assembled electric truck, in Pakistan. The company aims to begin local assembly in 2025, with the official launch expected in the first quarter of that year. The 'Kama' truck is based on the structure of the diesel-powered Shehzore truck and offers a range of 300 kilometers with fast-charging capabilities. This move is anticipated to reduce operating costs for commercial vehicles and represents a significant step toward sustainable transportation in Pakistan. PROFIT.PAKISTANTODAY.COM.PK For investors, this development could present a substantial opportunity, given the growing global emphasis on electric vehicles and sustainable transport solutions. DFML's initiative aligns with Pakistan's National Electric Vehicles Policy, which aims for electric vehicles to comprise 30% of all passenger and heavy-duty truck sales by 2030. Investing in companies at the forefront of this transition may offer promising returns as the market for electric vehicles expands

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