Close Menu
News Update TimesNews Update Times

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    HugoBank Brings Digital Banking Experience to Life Through Active Pilot Onboarding

    November 2, 2026

    PTCL appoints Muhammad Amir Siddiqi as Chief Financial Officer

    November 2, 2026

    Experts highlight Pakistan’s growing vitamin D crisis at Lahore summit

    November 2, 2026
    Facebook X (Twitter) Instagram
    News Update TimesNews Update Times
    • Home
    • Pakistan

      MOL Pakistan Joins the Embassy of Hungary to Celebrate Hungary’s National Day and PromoteCultural Ties Between Hungary and Pakistan

      October 24, 2026

      Rotary recognizes progress and reaffirms commitment to end polio on World Polio Day

      October 24, 2026

      BLOSSOM FIELD INTERNATIONAL SCHOOL INAUGURATED AT SHADMAN ENCLAVE

      October 19, 2026

      Retailers Urge Islamabad Administration to Reverse Ban on Plastic Bottles

      October 14, 2026

      Pakistan leaders urged to accelerate investment in eye care togenerate millions in economic benefits

      October 8, 2026
    • Business

      HugoBank Brings Digital Banking Experience to Life Through Active Pilot Onboarding

      November 2, 2026

      PTCL appoints Muhammad Amir Siddiqi as Chief Financial Officer

      November 2, 2026

      PSO Outpaces Industry with 17.8% Sales Growth, Lifts Market Share to 45.9% in Q1 FY27

      October 29, 2026

      HBL Microfinance Bank Launches Islamic BankingFirst Islamic Banking Branch inaugurated in Khyber Pakhtunkhwa

      October 29, 2026

      Tetra Pak and WWF-Pakistan recognise Lahore school for carton recycling achievement

      October 29, 2026
    • Technology

      Google Hosts Think Apps 2026 to Advance Pakistan’s Growth as a Global App and Gaming Hub

      October 22, 2026

      BingX EU Secures MiCAR License, Advancing Regulated Crypto Services Across Europe

      October 15, 2026

      Industry Leaders Highlight AI, Workforce Readiness & Service Export Growth at 22nd P@SHA ICT Awards

      September 25, 2026

      Supernet Technologies Limited’s consolidated PAT increased to PKR 467 million from PKR 78 million in the previous year!

      September 24, 2026

      From Jakarta to Pakistan: 4Thrives Walee Set to Defend Their Global Crown at Home

      September 23, 2026
    • Sports

      The Battle Begins: PMGO Group Stage Kicks Off

      October 20, 2026

      Young Cricketer Arham Mehfooz Shines with Outstanding All-Round Performance, Named Man of the Match

      August 18, 2026

      BingX Launches Global Community Initiative Following Enzo Fernández’s World Cup Goal

      July 8, 2026

      tapmad Secures Exclusive Digital and Television Rights for the FIFA World Cup in Pakistan

      May 18, 2026

      BingX Names World Champion Enzo Fernández as Global Ambassador Ahead of 2026 FIFA World Cup

      May 13, 2026
    • Entertainment

      TikTok Releases Q2 2026 Community Guidelines Enforcement Report

      October 29, 2026

      Spotify Reports Third Quarter 2026 Earnings

      October 28, 2026

      Lost Frequencies reimagines Pakistani hit Majboor in official collaboration with Sheheryar Rehan and Zoha Waseem

      October 26, 2026

      Spotify Reports Third Quarter 2026 Earnings

      October 24, 2026

      Coke Studio Nu.WAV releases Shabnam, produced by Talal Qureshi and featuring Maanu and Zoha Waseem

      October 22, 2026
    • Education

      OxfordAQA and Karachi Grammar School Bring Educators and Counsellors Together to Strengthen Student Wellbeing

      October 21, 2026

      IBA KARACHI & AKU-IED SIGN PARTNERSHIP AGREEMENT FOR SCHOOL MANAGEMENT SERIES 2026–2027

      October 16, 2026

      AAS-in-Asia 2026 concludes at LUMS, brings over 1,000 scholars from 37 countries to Lahore

      September 28, 2026

      SIMPACT 2026 Brings AI to the Forefront of Simulation Education

      September 20, 2026

      EMGS Study in Malaysia Education Fair 2026 Draws Strong Response from Pakistani Students in Islamabad

      September 15, 2026
    • Health

      Experts highlight Pakistan’s growing vitamin D crisis at Lahore summit

      November 2, 2026

      Improving Access: Novo Pakistan reduces price for weight loss treatment

      October 29, 2026

      PSQCA Faces Criticism over Hasty Reconstitution of Food Standards Committees

      October 10, 2026

      Pedalling for a Cause: Faysal Bank and Patients’ Aid Foundation Unite Against Breast Cancer

      October 5, 2026

      Sindh Health Department, LUMS, and Aga Khan University sign historic agreement to bring national AI Hub for Maternal and Child Health to primary healthcare

      September 25, 2026
    • Other
      • World
      • Blog
      • Opinion
      • About
      • Contact us
    News Update TimesNews Update Times
    Home»Business»Rising Fuel Prices Make PHEVs, REEVs Smartest SUV Choice in Pakistan: Chery Master
    Business

    Rising Fuel Prices Make PHEVs, REEVs Smartest SUV Choice in Pakistan: Chery Master

    yasirBy yasirMarch 24, 2026No Comments
    Facebook Twitter WhatsApp
    Share
    Facebook Twitter WhatsApp

    With petrol prices in Pakistan hovering above Rs320 per litre, the economics of driving a sport utility vehicle are shifting sharply in favour of plug-in hybrids and range-extended electric vehicles, according to Syed Asif Ahmed, Director Sales and Marketing, Chery Master Pakistan.

    Pakistan’s latest official petrol pricing data shows ex-depot MS petrol at around Rs321 per litre, underscoring how vulnerable everyday mobility remains to imported fuel volatility.

    Ahmed said the discussion around new energy vehicles should no longer be limited to environmental positioning alone. “For Pakistani commuters, especially SUV users, this is now a straightforward economic decision,” he said. “When fuel prices rise to these levels, the cost of running a conventional petrol SUV becomes a serious burden on household budgets.

    PHEVs and REEVs now offer the most practical relief.” He said a typical petrol-powered C-segment SUV delivering around 10 kilometres per litre now costs roughly Rs32 per kilometre to run at current petrol rates.

    Even a conventional hybrid, at an assumed fuel economy of around 18 kilometres per litre, still works out to nearly Rs18 per kilometre. “A hybrid improves efficiency, but it still remains exposed to petrol price shocks,” Ahmed said.

     “The vulnerability is reduced, not removed.”

    Ahmed argued that plug-in hybrids and REEVs change that equation because they allow most daily urban driving to be completed on electricity instead of petrol.

    Using the Chery Tiggo 9 PHEV as an example, he noted that the SUV carries a 34.46 kWh battery and offers a claimed 170 km pure electric range under the NEDC cycle.

    “At a household electricity tariff of Rs50 per unit, a full charge costs about Rs1,723,” Ahmed said. “Spread over 170 kilometres, that means a running cost of roughly Rs10 per kilometre.” He said this puts a plug-in SUV dramatically below a petrol SUV on day-to-day running cost, with savings of roughly Rs22 per kilometre, and still meaningfully below a conventional hybrid by about Rs8 per kilometre.

    He added that the advantage becomes even more compelling for urban families who already have rooftop solar systems at home.

    Pakistan’s rooftop solar market has expanded rapidly, with net-metered capacity rising sharply and cumulative rooftop solar installations reaching several gigawatts by 2025, reflecting a major consumer shift toward self-generation.

    “This is where Pakistan’s energy transition and mobility transition start meeting each other,” Ahmed said. “A household that generates more of its own power is no longer just reducing its electricity bill. It can also reduce the cost of driving.”

    He said this makes PHEVs and REEVs especially relevant for Pakistani SUV buyers, who typically need space, flexibility and long-distance usability, but are increasingly under pressure from fuel costs. Unlike a full battery EV, he said, a PHEV or REEV offers electric-led commuting without forcing the customer to depend entirely on a still-developing charging network.

    Ahmed also linked the argument to the wider national economy, saying Pakistan’s dependence on imported petroleum continues to create pressure on foreign exchange and public finances whenever global oil markets turn volatile.

    Pakistan’s Fiscal Risk Statement has warned that a 20% global oil price shock could widen the fiscal deficit by Rs487 billion in FY2026 through lower petroleum levy revenues and higher subsidies.

    “The case for PHEVs and REEVs is not just about one brand or one vehicle,” he said. “It is about giving Pakistani consumers a realistic SUV solution that cuts running costs, reduces exposure to oil shocks and fits local driving conditions.”

    He said that as petrol prices remain elevated, the market is moving toward a clear conclusion: for Pakistani commuters who want to keep driving SUVs without carrying the full burden of fuel inflation, plug-in hybrids and range-extended EVs are emerging as the most practical answer.

    Share. Facebook Twitter WhatsApp
    yasir

    Related Posts

    HugoBank Brings Digital Banking Experience to Life Through Active Pilot Onboarding

    November 2, 2026

    PTCL appoints Muhammad Amir Siddiqi as Chief Financial Officer

    November 2, 2026

    PSO Outpaces Industry with 17.8% Sales Growth, Lifts Market Share to 45.9% in Q1 FY27

    October 29, 2026
    Leave A Reply Cancel Reply

    Top Posts

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025198 Views

    foodpanda and HBL expand strategic partnership for greater digital payment adoption

    October 8, 2026161 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026152 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025106 Views
    Don't Miss
    Business

    HugoBank Brings Digital Banking Experience to Life Through Active Pilot Onboarding

    PTCL appoints Muhammad Amir Siddiqi as Chief Financial Officer

    November 2, 2026

    Experts highlight Pakistan’s growing vitamin D crisis at Lahore summit

    November 2, 2026

    Improving Access: Novo Pakistan reduces price for weight loss treatment

    October 29, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • WhatsApp

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    NUT is an innovative digital platform, delivering real-time, quality news and analysis on global & Local events. We aspire to empower our readers with accurate, insightful, and diverse perspectives,

    Email: info@newsupdatetimes.com
    Contact: +92 301 4776567

    Facebook X (Twitter) Instagram WhatsApp
    Our Picks

    HugoBank Brings Digital Banking Experience to Life Through Active Pilot Onboarding

    November 2, 2026

    PTCL appoints Muhammad Amir Siddiqi as Chief Financial Officer

    November 2, 2026

    Experts highlight Pakistan’s growing vitamin D crisis at Lahore summit

    November 2, 2026
    Most Popular

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025198 Views

    foodpanda and HBL expand strategic partnership for greater digital payment adoption

    October 8, 2026161 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026152 Views
    © 2026 News Update Times.
    • Home
    • Pakistan
    • Business
    • Technology

    Type above and press Enter to search. Press Esc to cancel.