Pakistan’s most affordable electric car: what is the price of JMEV EV3?

Capital Smart Motors has officially launched the JMEV EV3 in Pakistan, marking its entry into the small electric vehicle segment. First showcased at last year’s Pakistan Auto Show (PAPS), the all-electric subcompact hatchback is now available for bookings, offering an affordable option for local buyers looking to switch to electric mobility.

The EV3 comes in two variants. The base model is priced at Rs. 4,899,999, while the higher-end version carries a price tag of Rs. 4,999,999. Booking will open in April 2026, with an initial payment of Rs. 490,000, though the exact date is yet to be confirmed. Deliveries are scheduled to start in July, creating a three-month waiting period for early customers.

This launch signals Capital Smart Motors’ push into Pakistan’s growing EV market, where rising fuel costs and increasing environmental awareness are driving demand for cleaner and more economical alternatives. The JMEV EV3 targets first-time EV buyers seeking an entry-level vehicle without compromising affordability.

Full technical specifications, including battery capacity, motor performance, charging times, and features, have not yet been disclosed. Capital Smart Motors is expected to release these details closer to the booking period, following a phased rollout strategy aimed at building anticipation and gauging customer interest.