Javed Afridi, a key stakeholder in a joint venture between JWSEZ and Chinese SAIC in Pakistan, said there has been an increase in purchases of British vehicles in Pakistan.
Javed Afridi, CEO of Haier, added that due to the British heritage factor, MG Motors decided to bring in British vehicles while at the same time wanting to expand its presence in the country.
He said that British vehicles were providing technology that would transform the Pakistani auto market. The company has already launched the compact SUVMG-HS, while also announcing that it will launch the MGZS 1.5 and MGZSE, which are fully electric.
Javed Afridi said the company now plans to launch the double-cabin pickup truck MG Extender, which is similar to the Toyota Hilux and another SUVRX8 comparable to the Toyota Fortuner. Both vehicles have 2 liter engines.
He added that the Extender and RX8 will be launched in March and July next year, respectively. The company will develop other models in early 2021, including sedans and hatchbacks.
Afridi said the company had a good experience after launching commercial vehicles such as trucks under the banner of JW Forland.
It should be noted that MG Motor is one of the car companies that came to Pakistan after the government announced its Auto Development Policy 2016-21.
It may be recalled that this policy will expire in June 2021 while launching vehicles during this period will enable companies to avail tax incentives for 5 years under the government scheme. The policy aims to promote the auto industry and encourage competition.
Javed Afridi also owns former Pakistan Super League (PSL) champion Peshawar Zalmi.