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Dewan Farooque Motors to manufacture EVs

 Dewan Farooque Engines Restricted (DFML) has gone into a cost fabricating concurrence with Eco-Green Engines Restricted (EGML) to make EGML's Honri-VE.

This was declared by DFML in a notification to the PSX on Thursday. With this arrangement, the organization said, it turns into "the main maker of electric vehicles in Pakistan. The creation thereof is supposed to start in the period of August 2024."

Prior on Wednesday, Dewan Farooque Engines Restricted declared the resumption of business creation for its specific reason KIA business vehicle - - KIA 'SHEHZORE'. The organization uncovered that the send off service for the vehicle is booked for June 4, 2024.

Dewan Engines saw exchanging of 25.937 million offers with an increment of Rs3.31 or 8.0 percent in its portion cost on Thursday. DFML, consolidated in Pakistan as a public restricted organization in 1998, is taken part in gathering, assembling, and deals of vehicles.

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