The Honri VE price in Pakistan 2026 starts from PKR 3,599,000 (ex-factory) for the VE 2.0 variant and goes up to PKR 4,399,000 for the VE 3.0 variant. The estimated on-road price ranges between PKR 3,800,000 and PKR 4,700,000 depending on city, registration charges, and dealer fees.
Available through Dewan Motors and authorized Honri dealerships, the VE is offered in two main trims—VE 2.0 and VE 3.0—with a claimed CLTC driving range of 200 km (VE 2.0) to 300 km (VE 3.0) depending on battery configuration. Ownership costs remain comparatively lower than petrol hatchbacks due to reduced maintenance and home charging costs averaging 4–6 PKR per km.
Updated for March 2026, these official ex-factory rates may vary slightly by location, with recent discounts (up to PKR 600,000 on limited stock) making it one of the most affordable new EVs. With expanding DC fast-charging infrastructure in Lahore, Karachi, and Islamabad, the Honri VE positions itself as a budget-friendly compact electric hatchback option for buyers comparing total cost of EV ownership in Pakistan.
Honri VE Quick Price Summary
| Aspect | Details |
|---|---|
| Latest Price (PKR) | VE 2.0: 3,599,000; VE 3.0: 4,399,000 (ex-factory) |
| Variant Prices | VE 2.0: 3,599,000; VE 3.0: 4,399,000 |
| Booking Price | Typically 500,000–700,000 PKR deposit; financing down payments 30%+ |
| On-Road Estimated Cost | Add 200,000–300,000 PKR for registration, taxes, freight; total approx. 3,800,000–4,700,000 PKR |
| Last Updated | March 2026 |
Prices are based on official dealership data and market research.
Detailed Price Breakdown
Honri (distributed by Dewan Motors) keeps ex-factory pricing uniform, with small city-based freight differences.
| Variant | Ex-Factory Price (PKR) | Estimated Registration & Taxes (PKR) | Freight (PKR, varies by city) | Total On-Road Price (PKR) |
|---|---|---|---|---|
| VE 2.0 | 3,599,000 | 150,000–200,000 | 50,000 (Lahore/Islamabad); 100,000 (Karachi) | 3,800,000–3,900,000 |
| VE 3.0 | 4,399,000 | 200,000–250,000 | 50,000–100,000 | 4,650,000–4,750,000 |
Karachi buyers may incur extra logistics fees, while Lahore and Islamabad see lower additions. For Faisalabad or other Punjab cities, delivery fees could add 20,000–50,000 PKR.
Financing is available through partnered banks, often with low/zero markup for limited periods. For VE 2.0: ~30% down (~1,080,000 PKR) with monthly installments around 70,000–90,000 PKR over 3–5 years. VE 3.0 scales accordingly. Promotions have included year-end discounts—verify with dealers.
Specifications of the Honri VE
The Honri VE is a compact 5-door electric hatchback designed for urban efficiency in Pakistan.
- Battery and Powertrain: Lithium-iron phosphate (LFP) battery (18.5–29 kWh variants); permanent magnet synchronous motor producing ~47 hp and ~84–87 Nm torque.
- Performance: Top speed ~100 km/h; suitable for city and light highway driving.
- Range and Efficiency: 200 km (VE 2.0, ~18.5 kWh) to 300 km (VE 3.0, ~29 kWh) CLTC; real-world 170–260 km in Pakistani traffic/AC use.
- Charging Time: Home AC full charge in ~7–8 hours; DC fast charging supported (30–80% in ~30 minutes at compatible stations).
- Transmission: Single-speed automatic.
- Key Features: 10.25-inch display, analog climate control, two-tone interior, auto-down windows, LED lights, ABS, EBD, TPMS, rear parking sensor/radar, 2 airbags, IP67 battery protection. Spacious layout (5 seats), large boot, compact dimensions for easy parking.
Running Cost and Maintenance
Ultra-low costs make the VE ideal for daily commutes.
Monthly for 1,000 km: 4,000–6,000 PKR (electricity main). At 30 PKR/kWh home rate, ~4–6 PKR/km (as low as Rs 4/km claimed).
Yearly for 12,000 km: 48,000–72,000 PKR electricity; maintenance 10,000–20,000 PKR (tires, brakes, checks—no fuel/oil).
Charging example: Full charge costs ~550–870 PKR (depending on battery) for 200–300 km, far below petrol micro-cars (15+ PKR/km), saving 400,000–600,000 PKR over five years.
Comparison with Competitors
The Honri VE targets budget EVs against Inverex Xio EV and MG4 EV.
Versus Inverex Xio EV (~3.5–5.2 million PKR), VE offers similar range/pricing with potentially better features and brand backing.
Against MG4 EV (~8.5–9.7 million PKR), VE is much cheaper but with shorter range—best for city-focused buyers.
Market Analysis
Honri VE pricing stabilized at ~3.6–4.4 million after 2025 reductions (up to PKR 600,000 discounts), boosting affordability amid EV incentives. Demand grows in urban areas for entry-level options, with strong potential resale from warranty and low ownership costs.
Conclusion
The Honri VE delivers exceptional affordability as a new electric hatchback in Pakistan, with minimal running costs and city practicality—making it a worthwhile buy for budget-conscious urban drivers with reliable home charging access.
