The automobile sector in Pakistan is at a critical moment, as the world’s transition to hybrid and electric cars (EVs) is gaining momentum. But Pakistan is lagging, even as many carmakers worldwide are moving towards sustainable alternatives. Sustainable choices. Let’s look into why hybrid or electric cars haven’t taken off in Pakistan and how big companies such as Hyundai, Toyota, Honda and Suzuki have embraced or are resisting this shift.
Hyundai is leading the Race by introducing Hybrid Cars
Hyundai stands out as one of a handful of brands within Pakistan, and it is taking an important step towards a more sustainable future through its hybrid vehicle offerings. Many other brands adhere to traditional gasoline-powered vehicles, but Hyundai has been introducing hybrid vehicles that show an environmentally conscious trend for the market.
However, Hyundai’s hybrid vehicles are priced at a higher cost, and could turn off most prospective buyers. In a country whose economy is suffering from the effects of currency inflation and currency devaluation, the price of hybrid cars can become a significant obstacle to access. Although Hyundai is pushing the limits, the cost of these cars might make them difficult for many Pakistanis to reach.
Toyota is stuck in the Past with Old Models.
Toyota has dominated the Pakistani market for a long time; however, its reticence to accept the new is a snare. Consider, for instance, the Toyota Corolla. While most of the world has shifted towards the brand-new Corolla Hybrid, Toyota Pakistan continues to offer its older version, which is powered by petrol.
The Corolla Hybrid is available worldwide, providing greater fuel efficiency and a greener choice. However, Toyota Pakistan continues to present outdated models and has been unable to bring its Corolla Hybrid to the local market. The inability to adapt to keep up with new technology is disappointing, and it means that Pakistani customers are not getting an updated, sustainable alternative to driving.
Honda and Suzuki: Playing Catch-Up
Honda, along with Suzuki, is also lagging with regard to the hybrid and electric vehicle options. Although Honda briefed us on plans to develop hybrid vehicles last year, there have been no concrete announcements or launch dates since then. Suzuki, on its part, is not inclined to offer hybrids or electric vehicles soon and is still relying on gasoline-powered cars.
Consumers from Pakistan are keen to adopt greener and greener options, but the absence of electric and hybrid vehicles from these two majors is disappointing. The auto industry has been neglected as other regions see increasing numbers of electric and hybrid vehicles, but Pakistan’s options are very limited.
The Monopoly of Toyota, Honda, and Suzuki
For a long time, the Pakistani automobile market has been controlled by three main manufacturers: Toyota, Honda, and Suzuki. Although these companies have a significant influence, their presence has hindered creativity. Instead of moving forward using the latest eco-friendly models, they offer older petrol models.
Pakistani customers have lodged numerous complaints about this monopoly, not least its increasing costs for cars, which leave consumers facing long wait periods, poor communication, and no information at their fingertips. Meanwhile, vehicle costs keep climbing beyond consumers’ reach, creating the need for larger loans to purchase one!
The Need for Change
Pakistan is making steps toward expanding the use of electric and hybrid vehicles around the world, based on the trends that are seen across the globe. Relying on only petroleum-powered vehicles creates pollution and hinders efforts to create a sustainable economy.
Hyundai is a shining model by providing hybrid options priced at a price most can’t pay for. Toyota, Honda, and Suzuki are expected to follow by providing affordable hybrid options and staying up-to-date with changes within the automobile business. Companies must keep exploring the market for electric vehicles to be relevant throughout the entire industry.
Conclusion
Pakistan’s auto manufacturing sector is evolving slowly, which has hindered progress. Hyundai may offer hybrid cars at an expensive cost, which prevents most Pakistanis from accessing them; Toyota, Honda and Suzuki continue with old practices by producing only petrol cars, with no sign that any interest exists for electric or hybrid automobiles or making these available to Pakistani buyers in any meaningful way. It’s time for these firms to accept technological advancements and make electric/hybrid automobiles accessible to Pakistani customers. Future transportation will need green solutions now more than ever. The time has arrived for them all!
