iCAUR V27
Rs 1.25 crore
SUV, Locally assembled, 2 variants
The iCAUR V23 is a boxy, retro-styled fully electric compact SUV sold by NexGen Auto, priced from Rs 9,499,000 to Rs 11,499,000 ex-factory in RWD and AWD versions.
Electric
Ex-factory price
Rs 94.99 lakh – 1.15 crore
Shown for the V23 Luxury RWD. See every variant in the price list and specifications.
| Variant | Powertrain | Engine / battery | Economy / range | Ex-factory price | Actions |
|---|---|---|---|---|---|
| V23 Luxury RWD | ElectricSingle-speed (electric) | 59.93 kWh | 360 km electric | Rs 94.99 lakhRs 9,499,000 | |
| V23 Premium AWD | ElectricSingle-speed (electric) | 81.8 kWh | 430 km electric | Rs 1.15 croreRs 11,499,000 |
Ex-factory prices as announced by the manufacturer. Last updated October 15, 2026.
The iCAUR V23 is a fully electric SUV offered in two versions. The V23 Luxury RWD uses a single permanent-magnet synchronous motor on the rear axle with 100 kW and 180 Nm, a 59.93 kWh CATL battery and a claimed 360 km of range on the NEDC cycle. The V23 Premium AWD adds an AC asynchronous motor at the front for 155 kW and 292 Nm, a larger 81.8 kWh battery and a claimed 430 km (NEDC). NexGen quotes 0–100 km/h in 11 seconds for the RWD and 7.5 seconds for the AWD. Both accept 7 kW AC charging through a CCS2 inlet. DC fast charging is rated at 85 kW (20–80% in 36 minutes) on the RWD and 104 kW (20–80% in 42 minutes) on the AWD. Both can also power external appliances at up to 3.3 kW.
The V23 is 4,220 mm long, 1,915 mm wide and 1,845 mm tall on a 2,735 mm wheelbase, so it is a compact SUV with a tall, upright body. Ground clearance is 205 mm on the RWD and 210 mm on the AWD. The second row splits and folds flat, both front seats are power-adjustable, and the tailgate has a power unlock. NexGen does not publish a boot volume. The RWD rides on 19-inch alloys with 255/55 R19 tyres, while the AWD uses 21-inch alloys with 265/45 R21 tyres.
Both variants share a long equipment list: six airbags, adaptive cruise control, autonomous emergency braking, lane departure warning and prevention, blind-spot detection, rear cross-traffic alert, front and rear parking sensors and a 540-degree camera system. Inside there is a 15.4-inch touchscreen with Apple CarPlay and Android Auto, automatic climate control, ventilated front seats, faux leather upholstery, a PM2.5 filter and keyless entry with an NFC key. The AWD adds six drive modes including Slippery and Offroad (the RWD has Normal, Eco and Sport), a heated rear windscreen, independent rear headrests and a boot light. NexGen states a 5-star ASEAN NCAP rating for both variants.
NexGen’s brochure lists a vehicle warranty of 6 years or 150,000 km and a battery warranty of 8 years or 160,000 km, whichever comes first, subject to terms and conditions. Ask the dealer for the written terms before booking.
Our opinion: for most city buyers the V23 Luxury RWD makes more sense. It costs Rs 2,000,000 less, keeps the same safety and driver-assistance equipment, and its 19-inch wheels with taller tyres should cope better with broken roads. The Premium AWD is worth the extra if you often drive between cities or want all-wheel drive, since it adds 70 km of claimed range, much quicker acceleration and off-road drive modes. Keep in mind that NEDC range figures are optimistic, and that Rs 70,000 for freight and insurance is added to the ex-factory price.
No price change recorded for this variant yet.
No price change recorded for this variant yet.
| Feature | V23 Luxury RWD | V23 Premium AWD |
|---|---|---|
| Safety 16 | ||
| Dual front airbags Standard | Yes | Yes |
| Side airbags Standard | Yes | Yes |
| Curtain airbags Standard | Yes | Yes |
| ABS Standard | Yes | Yes |
| EBD Standard | Yes | Yes |
| Brake assist Standard | Yes | Yes |
| Electronic stability control Standard | Yes | Yes |
| Traction control Standard | Yes | Yes |
| Hill start assist Standard | Yes | Yes |
| Hill descent control Standard | Yes | Yes |
| ISOFIX child seat mounts Standard | Yes | Yes |
| Tyre pressure monitoring Standard | Yes | Yes |
| Rear parking sensors Standard | Yes | Yes |
| Front parking sensors Standard | Yes | Yes |
| Reverse camera Standard | Yes | Yes |
| 360-degree camera Standard | Yes | Yes |
| Driver assistance 7 | ||
| Adaptive cruise control Standard | Yes | Yes |
| Forward collision warning Standard | Yes | Yes |
| Automatic emergency braking Standard | Yes | Yes |
| Lane departure warning Standard | Yes | Yes |
| Lane keep assist Standard | Yes | Yes |
| Blind spot monitoring Standard | Yes | Yes |
| Rear cross traffic alert Standard | Yes | Yes |
| Comfort & convenience 15 | ||
| Air conditioning Standard | Yes | Yes |
| Automatic climate control Standard | Yes | Yes |
| Power steering Standard | Yes | Yes |
| Front power windows Standard | Yes | Yes |
| Rear power windows Standard | Yes | Yes |
| Central locking Standard | Yes | Yes |
| Keyless entry Standard | Yes | Yes |
| Steering-mounted controls Standard | Yes | Yes |
| Tilt steering Standard | Yes | Yes |
| Telescopic steering Standard | Yes | Yes |
| Electric parking brake Standard | Yes | Yes |
| Drive modes Standard | Yes | Yes |
| Power-adjustable driver seat Standard | Yes | Yes |
| Power-adjustable passenger seat Standard | Yes | Yes |
| Ventilated front seats Standard | Yes | Yes |
| Infotainment & connectivity 6 | ||
| Touchscreen infotainment Standard | Yes | Yes |
| Apple CarPlay Standard | Yes | Yes |
| Android Auto Standard | Yes | Yes |
| Bluetooth Standard | Yes | Yes |
| USB ports Standard | Yes | Yes |
| USB Type-C ports Standard | Yes | Yes |
| Electric & charging 3 | ||
| Regenerative braking Standard | Yes | Yes |
| DC fast charging Standard | Yes | Yes |
| Vehicle-to-load (V2L) Standard | Yes | Yes |
| Exterior & lighting 8 | ||
| LED headlights Standard | Yes | Yes |
| Automatic headlights Standard | Yes | Yes |
| LED daytime running lights Standard | Yes | Yes |
| LED tail lamps Standard | Yes | Yes |
| Alloy wheels Standard | Yes | Yes |
| Electrically adjustable mirrors Standard | Yes | Yes |
| Rear defogger Only V23 Premium AWD | No | Yes |
| Rear wiper Standard | Yes | Yes |
| Other 22 | ||
| 540-degree HD panoramic camera system Standard | Yes | Yes |
| Lane change assist Standard | Yes | Yes |
| Rear collision warning Standard | Yes | Yes |
| Traffic jam assist Standard | Yes | Yes |
| Door open warning Standard | Yes | Yes |
| Child presence detection Standard | Yes | Yes |
| Adaptive matrix headlights Standard | Yes | Yes |
| Heated exterior mirrors Standard | Yes | Yes |
| Rear fog lamp Standard | Yes | Yes |
| Faux leather seats Standard | Yes | Yes |
| PM2.5 cabin filter Standard | Yes | Yes |
| Front acoustic glass Standard | Yes | Yes |
| NFC key Standard | Yes | Yes |
| Offline voice control Standard | Yes | Yes |
| Over-the-air (OTA) updates Standard | Yes | Yes |
| Flat-folding split second row Standard | Yes | Yes |
| 5-star ASEAN NCAP (manufacturer claim) Standard | Yes | Yes |
| 19-inch alloy wheels (255/55 R19) Only V23 Luxury RWD | Yes | No |
| 21-inch alloy wheels (265/45 R21) Only V23 Premium AWD | No | Yes |
| Slippery and Offroad drive modes Only V23 Premium AWD | No | Yes |
| Independent rear headrests Only V23 Premium AWD | No | Yes |
| Boot light Only V23 Premium AWD | No | Yes |
Monthly instalment
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Calculated on the ex-factory price with a standard reducing-balance loan. Banks add insurance, tracker and processing fees, and Islamic products (Ijarah, Musharakah) calculate rent differently. Ask your bank for an exact quote.
Picked from what our visitors compare and view together, plus cars at a similar price.
Rs 1.25 crore
The iCAUR V23 costs Rs 94.99 lakh – 1.15 crore ex-factory across 2 variants. The cheapest is the V23 Luxury RWD at Rs 94.99 lakh.
Yes. The ex-factory price of the iCAUR V23 (Rs 94.99 lakh – 1.15 crore) is set by the manufacturer and is the same in Karachi, Lahore, Islamabad, Faisalabad, Rawalpindi, Gujranwala, Multan and every other city in Pakistan. Registration and token tax are set by each province, so the amount you pay at registration can differ slightly between provinces.
Every variant comes with dual front airbags, side airbags, curtain airbags, ABS, EBD, brake assist, electronic stability control and traction control. Plus 63 more, listed in the features table above. Only the V23 Premium AWD has rear defogger, 21-inch alloy wheels (265/45 R21), slippery and Offroad drive modes, independent rear headrests and boot light. Only the V23 Luxury RWD has 19-inch alloy wheels (255/55 R19).
Every variant has 6 airbags.
The V23 Luxury RWD goes 360 km on electricity from a 59.93 kWh battery and the V23 Premium AWD goes 430 km on electricity from a 81.8 kWh battery. Real-world range drops with heavy AC use, high motorway speeds and hot weather.
Charging takes V23 Luxury RWD: 20–80% in 36 minutes on a DC fast charger (up to 85 kW); V23 Premium AWD: 20–80% in 42 minutes on a DC fast charger (up to 104 kW).
Yes. Under current State Bank rules you need at least 30% down payment, and the loan can run up to 3 years for this engine size. Use the loan calculator on this page for the monthly instalment.