Regal Achieves 15,000 Units Production Milestone

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Regal Automobile Industries Limited (RAIL) has just celebrated achieving 15,000 cumulative production milestone since it began rolling out locally assembled DFSK products in June 2018. The company currently assembles the K01 pickup, K07 minivan, Prince Pearl hatchback and Glory 580 & 580 Pro crossovers at its plant situated on Multan Road Lahore. DFSK also sells the C37 megavan in Pakistan but it comes as a CBU imported product.

15,000 units milestone for RAIL

The company has also recently applied for listing on Pakistan Stock Exchange (PSX), seeking to raise Rs 800 million to invest in the Electric Vehicle assembly line. In addition to this, Regal is also in process of expanding its product portfolio which includes a 1000cc variant of Prince Pearl hatchback, Glory 580 Star as well as the electric vehicle SF3 EV.

Related: Regal to Launch New Cars in Pakistan

In addition, the company will assemble another small electric vehicle with a maximum range of 180 km on a single charge. RAIL is under discussion with multiple vendors for the CKD cooperation agreement regarding the supply of CKD kits for this small EV car.

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