Key Takeaways
- NexGen Auto, an automotive venture of Nishat Group, introduces iCAUR V27 and V23 in Pakistan.
- The V27 is priced at PKR 12,499,000, while the V23 is available in two variants, RWD and AWD, priced at PKR 9,499,000 and PKR 11,499,000 respectively.
- iCAUR vehicles feature REEV technology and are designed with a focus on adventure and individuality.
Nishat Group’s automotive subsidiary, NexGen Auto, has officially launched the iCAUR brand in Pakistan, introducing two new models: the V27 REEV and the V23EV. The launch marks a significant step in the company’s expansion into the Pakistani market.
The iCAUR V27, priced at PKR 12,499,000, is positioned as the flagship model, combining a rugged SUV design with powerful electric performance and range-extended electric technology. It features 449 HP and 505 Nm of motor torque, with a 0–100 km/h acceleration time of just 5.9 seconds.
The V23, available in two variants—RWD and AWD—brings a distinctive, retro style to the market. The RWD variant is priced at PKR 9,499,000, while the AWD variant costs PKR 11,499,000. This model focuses on individuality, flexibility, and everyday usability.
Both models are designed around the philosophy of ‘Born to Play,’ which encompasses iconic design, thoughtful technology, and a sustainable ecosystem. The V27 is geared towards adventure and power, while the V23 offers a more urban and lifestyle-focused experience.
NexGen Auto’s introduction of iCAUR in Pakistan builds on the company’s growing presence in the local automotive sector, following the successful launch of OMODA. The brand aims to offer a unique blend of traditional SUV design and modern electric technology.
The official launch ceremony for the iCAUR models was held in April 2026, in Beijing, marking a collaboration between Nishat Group and Chery International, the parent company of iCAUR. The brand’s entry into Pakistan is seen as a strategic move to cater to the evolving preferences of Pakistani consumers.
With the launch of iCAUR, NexGen Auto is providing consumers with a range of options that cater to different lifestyles and driving needs. The V27 and V23 models are expected to appeal to a wide audience, from adventure enthusiasts to city dwellers seeking a distinctive SUV experience.





