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First EV bike introduced in Pakistan by Atlas Honda

11:21 PM | 28 Nov, 2023
First EV bike introduced in Pakistan by Atlas Honda
Source: Honda

One of the biggest motorbike manufacturers in Pakistan, Atlas Honda, has launched the "BENLY e," the company's first electric motorcycle. 

However, the business did not say when the bike will be available for purchase in Pakistan.

The unveiling took place at a ceremony hosted at Atlas Honda's Sheikhupura Factory to honour Atlas Honda's 60th year of operations in Pakistan, the firm stated on Tuesday.

On this occasion, Noriaki Abe, Chief Officer of Motorcycle and Power Products at Atlas Honda, announced that in order to provide society and consumers with the best that Honda has to offer, new products would be introduced based on market input and Honda BENLY e will be made available for test marketing.

"Many people in Pakistan now consider Honda products to be an essential element of their everyday lives," stated Abe. The joint venture between Atlas Group and Honda Motor Company has led the way in the production of motorcycles and auto components since 1963.

Speaking on the occasion, Honda Motor Company Executive Vice President and COO Shinji Aoyama stated that "Honda Motor was well positioned for the future" and that "the mobility industry is going through a rapid transformation."

Atlas Honda's President and CEO, Saqib H. Shirazi, announced that the company has increased the number of products it offers and achieved up to 95% localization.

It is worth mentioning here that the first quarter net profit for Honda Atlas Limited's fiscal year 2023–24 increased by 152%.

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 20 Feb 2024

Pakistani currency remained largely stable against US dollar and other currencies in the open market on February 20, 2024 (Tuesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.05 for buying and 282.1 for selling.

On Tuesday, Euro stands at 301 for buying and 304 for selling while British Pound rate stands at 352.4 for buying, and 355.4 for selling.

UAE Dirham AED hovers at 76.55 whereas the Saudi Riyal saw slight increase, with new rates at 74.2.

Today’s currency exchange rates in Pakistan - 20 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.05 282.1
Euro EUR 301 304
UK Pound Sterling GBP 352.4 355.4
U.A.E Dirham AED 76.55 77.25
Saudi Riyal SAR 74.2 75
Australian Dollar AUD 180 182
Bahrain Dinar BHD 743.12 751.12
Canadian Dollar CAD 206.5 208.5
China Yuan CNY 38.84 39.24
Danish Krone DKK 40.24 40.64
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.48 3.59
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 906.33 915.33
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 170.1 172.1
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 725.75 733.75
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 207
Swedish Korona SEK 26.85 27.15
Swiss Franc CHF 315.64 318.14
Thai Bhat THB 7.93 8.08

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