Sazgar Engineering Works was founded in September 1991 as a
private limited company. It was converted into a
public limited company in November 1994. Sazgar has been producing motorized rickshaws since 2005. In February 2024, it became the first company in Pakistan to obtain a license to produce
electric three-wheelers. As of February 2026, Sazgar holds approximately a 30% share of the Pakistani rickshaw market, producing 3350 units monthly{{cite web |url=https://dps.psx.com.pk/download/document/269870.pdf == Products ==