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Merely a month after its official debut in Pakistan, Regal Automobiles has declared a substantial price decrease for its domestically assembled Seres 3 Electric Vehicle (EV).
In a notice issued on Wednesday, the company revealed that it has opted to lower the vehicle’s price owing to the enhancement in the value of the Pakistani rupee against the US dollar.
Furthermore, the adjustment in duties and levies for EVs has been mentioned as an additional rationale for the price reduction.
Launch: Regal Motors Launches The New Electric Vehicle Seres 3
The company also emphasized that this move aligns with its dedication to fostering sustainable mobility and encouraging the adoption of electric vehicles within the nation.
Price Adjustment:
The ex-factory price of the domestically assembled Seres 3 EV has experienced a noteworthy reduction of Rs. 809,000. Following this adjustment, the vehicle will now be attainable for Rs. 8,390,000, as opposed to its previous price of Rs. 9,199,000.
Additionally, the booking cost of the car has been decreased by Rs. 50,000. Enthusiasts of electric vehicles now have the opportunity to reserve the Seres 3 at Rs. 250,000, down from the previous Rs. 300,000. The commencement of deliveries is anticipated to begin in April 2024.
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