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electric car

Pakistan’s first locally produced electric car to hit the road in December

Pakistan’s first locally produced four-wheeled electric vehicle (EV) is set to hit the market in December. The...

Updated 14 Sep, 2024 03:57pm

Business & Finance

In fuel-guzzling Saudi Arabia, electric cars pique interest

RIYADH: For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings,...

Published 24 Jul, 2024 07:21pm

Technology

China’s Xiaomi unveils first electric car, plans to become top automaker

BEIJING: Chinese smartphone maker Xiaomi took the wraps off its first electric vehicle on Thursday and promptly...

Published 28 Dec, 2023 03:08pm

Business & Finance

Nissan set for £1bn UK electric car investment: FT

LONDON: Japanese auto giant Nissan will commit Friday to building electric models of two best-selling cars in...

Published 23 Nov, 2023 07:29pm

Business & Finance

Tesla looking to make about half million EVs annually in India

BENGALURU: Tesla is discussing an investment proposal with the Indian government to set up a factory with an annual...

Published 17 Jul, 2023 03:47am

Business & Finance

Tesla nearly doubles deliveries compared to last year

NEW YORK: US automaker Tesla beat analyst expectations in the second quarter, delivering 466,140 vehicles despite a...

Published 03 Jul, 2023 01:28am

Business & Finance

Tata Motors looks to expand electric car portfolio, add pricier models

GREATER NOIDA, (India): Tata Motors plans to expand its electric car portfolio with new models and higher price...

Published 16 Jan, 2023 06:18am

Business & Finance

Musk testifies at trial over his $50bn Tesla compensation

WILMINGTON: Tesla tycoon Elon Musk took the stand on Wednesday as part of a trial over his $50 billion pay package...

Published 16 Nov, 2022 08:13pm

World

EU threatens US over electric car subsidies

PARIS: The European Union threatened Monday to take retaliatory measures against the United States for electric car...

Published 07 Nov, 2022 07:31pm

Business & Finance

EU pushes US over electric car credits

PRAGUE: The EU urged the United States on Monday to grant its firms special status to sell electric vehicles, as...

Published 31 Oct, 2022 09:16pm

Business & Finance

EU electric car adventurers should plan carefully

PARIS: With summer holidays looming, Europe’s electric car owners may be wondering whether to risk taking their...

Published 06 Jun, 2022 05:57am

Markets

Ford to invest $3.7bn for production of EVs, gas-powered vehicles

DETROIT: Ford Motor Co on Thursday said it will invest $3.7 billion in assembly plants in Michigan, Ohio and...

Published 02 Jun, 2022 07:53pm

Technology

New Zealand to boost electric car sales

WELLINGTON: New Zealanders who trade in their gas-guzzling car will get financial aid towards buying a cleaner...

Published 16 May, 2022 10:24am

Markets

S&P 500 flat as Tesla offsets losses in banks, energy stocks

NEW YORK: The S&P 500 was trading largely flat on Monday as gains in Tesla were offset by declines in bank and...

Published 29 Mar, 2022 05:49am

Business & Finance

Elon Musk hands over first ‘made in Germany’ Teslas

BERLIN: Tesla CEO Elon Musk danced for joy at the inauguration of his “gigafactory” electric car plant near...

Published 23 Mar, 2022 04:58am

Business & Finance

Ford unveils new structure as it speeds electric car push

NEW YORK: Ford announced Wednesday it is creating separate businesses for its conventional and electric-auto...

Published 02 Mar, 2022 07:00pm

Business & Finance

Volkswagen cranks up electric car investment

FRANKFURT: German auto giant Volkswagen said on Thursday that it would bulk up its investment in electric vehicles...

Published 09 Dec, 2021 08:32pm

Pakistan

Tax breaks kick country’s electric car shift into higher gear

ISLAMABAD: Businessman Nawabzada Kalam Ullah Khan had been planning to swap his family’s petrol-powered cars for...

Published 23 Nov, 2021 03:54am

Markets

Tesla shares gain after Musk sheds $5bn in equity

Tesla shares rose in early trading on Thursday after filings revealed Chief Executive Officer Elon Musk had sold...

Published 11 Nov, 2021 07:55pm

Business & Finance

Swedish electric car maker Polestar plans $20-bn IPO

STOCKHOLM: Electric car maker Polestar, controlled by Sweden's Volvo Cars and its Chinese owner Geely, said Monday ...

Published 27 Sep, 2021 05:04pm

Business & Finance

China Evergrande's electric car unit's shares tumble 26% after warning

HONG KONG: Shares of China Evergrande's electric car unit plunged as much as 26% on Monday after it warned it faced...

Published 27 Sep, 2021 11:20am

BR Research

Love and hate for EVs

The new finance minister came with several concessions in the budget to spur economic activities. However, the party...

Published 24 Sep, 2021 07:25am

Business & Finance

Volkswagen unveils ID LIFE small e-car at $24,000

ID LIFE to be launched in 2025
Car to be build by Spanish unit SEAT
Part of Volkswagen push to dethrone Tesla

Updated 06 Sep, 2021 05:31pm

Business & Finance

Daimler aims to be ready for an all-electric car market by 2030

To invest more than 40 bln euros in EVs by 2030
From 2025 new vehicle platforms will only make EVs
To build eight battery plants

Published 22 Jul, 2021 05:17pm

Business & Finance

Electric car lithium demand powers mining revival in UK

LONDON: As the global auto sector accelerates production of electric cars, one British company is hoping to cash in...

Published 19 Jul, 2021 06:17am

Business & Finance

Opel to be 100% electric in Europe by 2028: CEO

To revamp its image Opel will also introduce an electric version of its 1970s sports coupe, the Manta, by "the middle of this decade," he said.

Updated 08 Jul, 2021 08:59pm

Business & Finance

Tesla to 'recall' over 285,000 cars in China due to faulty software

BEIJING: Electric car giant Tesla will "recall" over 285,000 cars from the Chinese market after an investigation...

Published 27 Jun, 2021 03:56am

Business & Finance

Tesla to 'recall' over 285,000 cars in China due to faulty software

Decision affects some imported and domestically-manufactured Model 3 and Model Y vehicles

Updated 26 Jun, 2021 03:54pm

Business & Finance

Europe powers up electric car battery drive

PARIS: As electric car sales soar, Europe has started to build up its capacity to produce batteries on the continent...

Published 21 Jun, 2021 03:43am

Business & Finance

Tesla to build data centre

BEIJING: Tesla on Tuesday announced it had set up a data centre in mainland China to store the information collected...

Published 26 May, 2021 03:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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