Pakistan already has a significant market for hybrid vehicles with Honda's Vezel, Toyota's Prius, and Aqua, and other models seen on the roads. The Automotive Development Policy (2016–2021) and the launch of the China-Pakistan Economic Corridor (CPEC) are encouraging foreign investments for new automobile brands to enter Pakistani market, while the leading manufacturers in the automobile industry in Pakistan are interested in introducing electric vehicle (EV) models with a wide range of prices which target consumers of diverse income groups.Several members of the international automobile industry including South Korea, China, and Japan also believe that Pakistan has a high potential market for EV technology, and local businesses are collaborating with them to bring EVs to Pakistan.
