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electric cars

Regal Automobiles gets nod to manufacture Pakistan’s first electric SUV, price set at Rs8.399mn

Becomes second four-wheel carmaker to receive licence from Engineering Development Board for electric vehicles

Published 07 Oct, 2024 10:08pm

Technology

Air Link CEO confirms company has imported 2 units of Xiaomi SU7, but talk of assembly plant premature

KARACHI: Air Link Communication CEO Muzzaffar Hayat Piracha confirmed that the company has imported two units of the...

Updated 04 Oct, 2024 11:01am

Business & Finance

BMW boosts earnings with higher-priced and electric cars

BERLIN: BMW reported a higher third-quarter margin in its core cars business on Friday, striking a more optimistic...

Published 03 Nov, 2023 01:52pm

Business & Finance

Detroit’s ONE is gearing up to potentially change EV battery landscape

DETROIT, MICHIGAN: Pakistani-origin American Mujeeb Ijaz, the CEO and founder of Michigan-based Our Next Energy...

Published 20 Sep, 2023 06:28am

Business & Finance

Rio Tinto to invest $1.1bn to expand aluminum smelter in Canada

BENGALURU: Rio Tinto will invest $1.1 billion to expand its “low-carbon” aluminum smelter at Complexe Jonquière...

Published 19 Jun, 2023 06:54am

Business & Finance

China’s car sales down

SHANGHAI/BEIJING: China’s passenger car sales fell 37.9% in January, an auto industry body said on Wednesday, as...

Published 09 Feb, 2023 07:00am

Technology

India’s auto show set to feature electric cars, scooters

NEW DELHI: Electric cars, scooters and trucks are expected to take centre stage at India’s biennial car show which...

Published 11 Jan, 2023 09:34am

World

Tesla owners in China protest against surprise price cuts they missed

SHANGHAI: Hundreds of Tesla owners gathered at the automaker’s showrooms and distribution centres in China over ...

Published 08 Jan, 2023 03:48am

Opinion

Chinese carmakers target more European sales with five-star EVs

Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate...

Published 22 Nov, 2022 03:23am

Business & Finance

Tesla Q2 deliveries fall on China’s COVID-related shutdown

Tesla Inc said on Saturday its vehicle deliveries fell to 254,695 in the second quarter, as a COVID-related shutdown...

Published 02 Jul, 2022 09:16pm

Business & Finance

Japan’s Renesas, India’s Tata Motors partner to develop chip solutions

NEW DELHI: Japanese chipmaker Renesas Electronics Corp and India’s Tata Motors have formed a strategic partnership...

Published 30 Jun, 2022 07:46am

Business & Finance

VW: EV battery output bigger challenge than EU combustion engine ban

MUNICH: The EU deal to phase out combustion engine cars in just over 12 years is challenging, but a more daunting...

Published 29 Jun, 2022 10:48pm

Technology

Sony, Honda sign JV to sell electric cars by 2025

Japan’s Sony and Honda Motor on Thursday officially agreed to an equally owned joint venture that will start selling...

Published 17 Jun, 2022 12:33pm

Opinion

Dirty liberal pipedream: 3 myths about electric cars

Sceptics say that far from helping save the planet, electric cars are a liberal pipe-dream whose environmental...

Published 17 May, 2022 05:39am

Markets

Volkswagen to build 800,000 fully-electric cars this year

BERLIN: Volkswagen is planning to build 800,000 fully electric cars worldwide this year and 1.3 million in 2023, the...

Published 12 May, 2022 06:07pm

Business & Finance

Tesla delivers over 1m electric cars over past year

NEW YORK: US electric car manufacturer Tesla shipped a record number of more than one million cars over the past...

Published 04 Apr, 2022 06:24am

Business & Finance

Volvo to convert largest factory for electric cars

STOCKHOLM: Swedish carmaker Volvo Cars said Tuesday that it will invest nearly a billion euros in its historic...

Published 08 Feb, 2022 05:56pm

China to scrap subsidies for electric vehicles

BEIJING: China will end subsidies for electric and hybrid cars at the end of the year, authorities have announced,...

Published 02 Jan, 2022 05:05am

Markets

China to cut new energy vehicle subsidies by 30% in 2022

BEIJING: China will cut subsidies on new energy vehicles (NEVs), such as electric cars, by 30% in 2022 and withdraw...

Published 01 Jan, 2022 12:55pm

Business & Finance

Luxury carmaker Rolls-Royce to switch to all electric range by 2030

BERLIN: Rolls-Royce will produce only electric cars by 2030, the luxury carmaker said on Wednesday, joining other...

Updated 29 Sep, 2021 05:43pm

Business & Finance

India considers sharp import tax cuts on EVs after Tesla lobbying

India discussing cutting import duties on EVs
India open to duty cut if it sees economic gain

Published 09 Aug, 2021 05:21pm

Opinion

Europe to boost battery production as electric shift accelerates

As electric car sales take off and petrol engines face being phased out by 2035, Europe is looking to develop its ...

Published 26 Jul, 2021 05:21am

World

EU begins ‘bloody hard’ battle to reach green ambition

BRUSSELS: The EU went into battle Wednesday to secure a path to its pledge of carbon neutrality by 2050, triggering...

Published 15 Jul, 2021 04:03am

Business & Finance

UK, European manufacturers want battery supply chain nearer home

LONDON: British manufacturers and those in other parts of Europe want to move more of the supply chain for batteries...

Published 14 Jul, 2021 03:59am

Markets

Pakistan aims at reducing dependence on fossil fuel

KARACHI: Like many other countries of the world, Pakistan has been setting targets to tackle climate change by...

Published 08 Jul, 2021 04:22am

Business & Finance

Electric car sales surge as Europe's climate targets bite

Of the 11.6 million new cars registered in the EU, Iceland, Norway and Britain last year, 11% were fully electric or plug-in hybrid electric vehicles.
Those vehicles tripled their share of new car sales, from 3.5% in 2019.

Updated 29 Jun, 2021 08:19pm

Business & Finance

Volvo, Northvolt team up for electric battery factory

This would allow Volvo to equip around 800,000 vehicles per year.

Published 21 Jun, 2021 05:27pm

Pakistan

Electric cars to be launched in Pakistan by end-2021: Amin

Minister for Climate Change says it will help the country challenge multiple issues

Updated 04 Jun, 2021 10:49am

Business & Finance

Ford's electric Mustang tops Norway car sales in May

Battery electric vehicles made up 60.4% of all new cars sold in Norway last month, the Norwegian Road Federation (OFV) said, up from 43.1% a year ago as the country seeks to become the first to end the sale of petrol and diesel engines by 2025.

Published 01 Jun, 2021 07:18pm

Business & Finance

MG to introduce first Pakistan-made electric car very soon

MG Pakistan's poster boy, Javed Afridi said that the automaker is set to introduce a dedicated lineup of Pakistan-assembled EVs to the market very soon.
While speaking to Khaleej Times, the company’s stakeholder revealed that Pakistan's first locally assembled EV will be the MG ZS EV.

Published 18 May, 2021 01:55pm

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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