Nishat Group’s automotive venture, NexGen Auto, has officially confirmed the iCAUR prices in Pakistan for its first two models. The announcement marks a major step in bringing the iCAUR brand to local buyers. Nishat Group and Chery International, the parent company of iCAUR, first announced their collaboration in April 2026 at a ceremony in Beijing.

Built around the philosophy “Born to Play,” iCAUR combines distinctive SUV design with intelligent technology and new-energy mobility. The brand enters Pakistan with two models built for different lifestyles. These include the adventurous V27 REEV and the retro-styled V23 EV.

NexGen Auto positions the V27 as the flagship of the launch lineup. It pairs a bold, rugged SUV design with range-extended electric technology. The REEV system combines electric driving with a range extender, therefore giving drivers extended travel distance alongside electric benefits.

The V27 delivers 449 HP and 505 Nm of torque, reaching 0-100 km/h in a claimed 5.9 seconds. Its intelligent all-wheel-drive system adapts power delivery according to changing road and terrain conditions. NexGen Auto has set the V27’s ex-factory price at PKR 12,499,000.

Meanwhile, the V23 brings iCAUR’s boxy design language into a more urban, lifestyle-focused package. Individuality, flexibility and everyday usability define its overall character. Pakistani buyers can choose between RWD and AWD variants, priced at PKR 9,499,000 and PKR 11,499,000 respectively.

Both models reflect iCAUR’s broader philosophy of Iconic Design, Thoughtful Technology and a Sustainable Ecosystem. The V23 emphasizes individuality and urban freedom, while the V27 extends that spirit into a larger, more powerful package. Additionally, both vehicles showcase how NexGen Auto plans to differentiate iCAUR from conventional SUV offerings.

Nishat Group’s entry into the iCAUR business builds on its existing presence in Pakistan’s automotive sector following the introduction of OMODA and JAECOO. This launch furthermore represents another step in the company’s strategy of bringing globally relevant new-energy vehicles to Pakistani customers. Instead of following conventional SUV design trends, iCAUR aims to offer buyers two distinct interpretations of the same new-energy philosophy.