Capital Smart Motors announces setup of local assembly plant
CAPITAL SMART MOTORS logo
CAPITAL SMART MOTORS logo
(Web Desk): Capital Smart Motors (CSM) has announced the launch of its manufacturing and assembly operations in Pakistan.

       The company is setting up the country’s first New Energy Vehicle (NEV) CKD (Completely Knocked Down) production plant.

In an official statement, the company said, “Now, we proudly step into the manufacturing phase! Phase 1 marks our takeover of a local facility for interim production, while Phase 2 begins with the groundbreaking of our very own state-of-the-art CKD manufacturing plant.”

CSM is a new entrant in Pakistan’s automotive industry and has introduced four Chinese electric vehicle (EV) brands:

RIDDARA: an all-electric pickup truck brand

ZEEKR: a luxury EV brand

FORTHING: whose Friday is Pakistan’s first REEV (Range-Extended Electric Vehicle) C-SUV

JMEV: whose ELIGHT is an all-electric sedan

Until now, the company was operating through CBU (Completely Built-Up) imports. With the start of local assembly, CSM aims to reduce production costs and make its vehicles more competitive in the Pakistani market.

     Also Read: Lose 50kg in 3 months and win a new car worth Rs3,970,000

The company also informed PakWheels that once local assembly begins, the prices of corresponding models are expected to drop, as CKD units are subject to lower taxes compared to fully imported CBUs.

Overall, this move toward CKD production is a positive step for both the company and Pakistan’s automotive sector. Local assembly not only strengthens the domestic industry but also creates job opportunities.