Karachi (Commerce Desk) – Surging petroleum prices in Pakistan are driving consumers toward plug-in hybrid and range-extended electric vehicles. Petrol prices in the country have crossed Rs. 320 per liter, significantly increasing the cost of operating conventional vehicles and shifting preferences among Sports Utility Vehicle (SUV) users.
Experts and industry analysts say that plug-in hybrid electric vehicles and range-extended electric vehicles have now become more suitable and economically advantageous options for Pakistani consumers.
According to Syed Asif Ahmed, Director of Sales and Marketing at Cherry Master Pakistan, current petrol prices have severely impacted the economics of conventional vehicles. He noted that the issue is no longer just environmental but directly affects monthly expenses for consumers.
Data shows that a typical petrol SUV, which averages 10 km per liter, now costs around Rs. 32 per km to operate at current prices. Traditional hybrid vehicles, averaging 18 km per liter, cost Rs. 18 per km but are also affected by rising petrol prices.
Experts emphasize that the real shift is occurring with plug-in hybrid and range-extended vehicles, which can complete most urban travel entirely on electricity, significantly reducing costs for consumers.