KP businessman Javed Afridi, who helped British carmaker MG (Morris Garages) to Pakistan, announced the opening of company’s outlet in Sialkot city of Punjab province soon.
The owner of PSL franchise Peshawar Zalmi while sharing the pictures of the showroom on Twitter wrote: “SIALKOT ARE YOU READY TO WELCOME MG IN YOUR CITY!?”
SIALKOT ARE YOU READY TO WELCOME MG IN YOUR CITY⁉️#iloveMG #MGPakistan #MGSialkot pic.twitter.com/2BKBf0umNa
— Javed Afridi (@JAfridi10) April 3, 2021
In January this year, the company announced that new MG dealerships are coming soon in Sialkot and Peshawar.
On March 31, Afridi shared a teaser of a Chinese electric car that will cost less than Rs 1 million in the south Asian country.
The Wuling Mini EV, an all-electric city car, is the result of a joint venture between General Motors and SAIC Motors that was originally introduced in China. Wuling Mini EV is a small, lightweight vehicle that comes in two variants, one with a 9.2 kWh battery that allows for a range of 120 km, while the other one comes with a 13.8 kWh battery that offers a range of 170 km.
https://twitter.com/JAfridi10/status/1377316769329782796
Interestingly, the vehicle comes with ABS brakes, tire pressure monitoring sensors, rear parking sensors, an AC, power windows, and a stereo system. It also has 12 storage compartments and 741 liters of trunk space with the rear seats folded down.
The price range starts from $4,162 which is around PKR 0.63 million and tops out at $5,607 PKR 0.85 million.
Pakistan's JW-ZES Group is the local partner of MG Motors and Javed Afridi, the CEO of Haier Pakistan and owner of Peshawar Zalmi, is the major stakeholder. The company debuted in Pakistani auto market with MG HS, a compact SUV, last year in November.
Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 for selling.
Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.
UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 277.5 | 280.5 |
Euro | EUR | 293 | 296 |
UK Pound Sterling | GBP | 342.5 | 346 |
U.A.E Dirham | AED | 75.2 | 75.9 |
Saudi Riyal | SAR | 73.3 | 74.05 |
Australian Dollar | AUD | 181 | 182.8 |
Bahrain Dinar | BHD | 740.55 | 748.55 |
Canadian Dollar | CAD | 201 | 203 |
China Yuan | CNY | 38.47 | 38.87 |
Danish Krone | DKK | 39.78 | 40.18 |
Hong Kong Dollar | HKD | 35.53 | 35.88 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 903.11 | 912.11 |
Malaysian Ringgit | MYR | 58.08 | 58.68 |
New Zealand Dollar | NZD | 164.22 | 166.22 |
Norwegians Krone | NOK | 25.61 | 25.91 |
Omani Riyal | OMR | 723.2 | 731.2 |
Qatari Riyal | QAR | 76.45 | 77.15 |
Singapore Dollar | SGD | 204.5 | 206.5 |
Swedish Korona | SEK | 25.31 | 25.61 |
Swiss Franc | CHF | 305.47 | 307.97 |
Thai Bhat | THB | 7.56 | 7.71 |
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