Nexgen Officially Launches iCAUR V23 and V27 in Pakistan

Nexgen has finally put numbers on the table. After months of sightings and quiet testing, the company has announced official ex-factory prices, booking amounts and delivery plans for the iCAUR V23 and V27 in Pakistan.

Both models carry the same booking amount of Rs 2,500,000. Deliveries are set to begin by the end of October. Bookings open on 18 September at the Pakistan Auto Show (PAPS) from 3 PM.

These are not ordinary SUVs. The V23 is a pure electric crossover available in rear-wheel-drive and all-wheel-drive versions. The V27 is larger and uses a range-extended electric powertrain with dual motors and all-wheel drive. The boxy, retro-inspired design stands out on Pakistani roads, and the powertrains address the two biggest worries buyers have with electric vehicles: daily range and long-trip freedom.

Official Ex-Factory Prices and Booking Amount

Here is the clear breakdown:

All three variants share the same booking figure. The gap between the base V23 RWD and the flagship V27 is exactly Rs 3 million. That difference reflects size, power and the range-extender system.

iCAUR V23 – The Pure Electric Option

The V23 is the smaller of the two. It is a compact crossover with a boxy shape, round LED headlights and an upright stance that looks different from most SUVs currently on the road.

The RWD version uses a single rear motor. It is the most affordable way into the iCAUR range at Rs 9.499 million. The AWD version adds a second motor and is priced at Rs 11.499 million.

Key numbers for the AWD model:

• Dual electric motors

• 208 hp and 292 Nm

• 81.8 kWh NMC battery

• Claimed range of 430 km (NEDC)

• 0–100 km/h in about 7.5 seconds

It also comes with 21-inch wheels, a 15.4-inch touchscreen, a 540-degree camera system and Level 2 driver assistance features. For buyers who can charge at home or at the office and mostly drive in the city, the V23 makes a strong case. No petrol, no generator, just electricity.

iCAUR V27 – The Range-Extended Flagship

The V27 is the bigger brother. It measures over five metres long and sits higher. Instead of relying only on the battery, it uses a range-extended electric setup. Dual electric motors drive the wheels. A 1.5-litre turbo petrol engine works only as a generator. It charges the battery when needed and does not send power directly to the wheels.

Official figures:

• Dual-motor AWD

• 449 hp and 505 Nm

• 0–100 km/h in 5.9 seconds

• 34.31 kWh battery

• About 150 km of pure electric range

• Combined range claimed at 995 km

This is the answer for people who worry about long highway trips or weak charging networks outside major cities. You can drive mostly on electricity in town and still cover long distances without range anxiety. The price of Rs 12.499 million puts it just one million above the V23 AWD.

Why These Two Models Matter Right Now

Pakistan’s EV market is still young. Charging stations are growing but remain limited outside big cities. Pure electric cars work well for daily city use if you have a reliable charging point. They become harder for intercity travel.

The V23 targets the first group. The V27 targets the second. One car solves pure electric ownership. The other solves the freedom to travel far without constant planning. Both keep the same distinctive look and modern cabin features.

Nexgen is part of the Nishat Group, which already brings Omoda and Jaecoo models to Pakistan through Chery. The iCAUR brand is Chery’s dedicated new-energy line. In China it is known as iCar. The local name is iCAUR.

Booking Timeline and What Happens Next

Bookings open on 18 September 2026 at PAPS starting at 3 PM. The booking amount is the same for every variant: Rs 2.5 million. Customer deliveries are planned to start by the end of October.

If you are serious about either model, the next step is simple. Visit an authorised Nexgen or iCAUR dealership, check the exact configuration you want, and lock in the booking when it opens. Prices listed above are ex-factory. Final on-road cost will include taxes, registration and any dealer charges.

Quick Comparison Table

Final Thoughts for Buyers

The launch answers the two questions everyone was asking: how much and when. The V23 RWD opens the door at under Rs 9.5 million for a pure electric SUV. The AWD version adds capability and range. The V27 steps up in size, power and real-world freedom with the range extender.

Whether you want a city electric SUV or a larger vehicle that can handle long trips with less worry, Nexgen has put both options on the table with clear prices and a short wait for delivery. Bookings start tomorrow at the auto show. The cars themselves should start reaching customers by the end of next month. For more updates, visit DrivePK.com