Nishat Group’s NexGen Auto Launches iCAUR in Pakistan with the V27 REEV Priced At PKR 12,499,000

Nishat Group's NexGen Auto has officially announced the pricing details for the iCAUR V27 and iCAUR V23 models, signaling the brand's entry into the Pakistani market. This collaboration was officially confirmed in April 2026 during a ceremony held in Beijing, between Nishat Group and Chery International, the parent company of iCAUR.

The iCAUR brand embodies the philosophy "Born to Play," which is reflected in both the V23 and V27 models. The V27 REEV, designed as a flagship SUV, boasts a powerful electric performance, range-extending electric technology, and a commanding road presence. This model is suited for drivers seeking more power, capability, and freedom to explore. It features a 449 HP engine, capable of reaching 100 km/h in just 5.9 seconds.

On the other hand, the V23 model represents a distinctive retro style SUV, emphasizing individuality, flexibility, and everyday usability. Available in both RWD and AWD variants, the V23 offers customers a choice between two drivetrain configurations. The luxury RWD variant is priced at PKR 9,499,000, while the premium AWD variant costs PKR 11,499,000.

NexGen Auto, the automotive venture of Nishat Group, will be responsible for introducing the iCAUR brand to Pakistan. This move builds on Nishat Group's expanding presence in Pakistan's automotive sector, following the introduction of OMODA & JAECOO. The launch of iCAUR signifies another step in NexGen Auto's strategy of bringing globally relevant new-energy vehicles and technology to Pakistani customers.

With two distinct models, iCAUR is entering a market where SUV buyers are increasingly seeking alternatives to conventional choices.