Trends - EVs - Business Recorder

EVs

Chinese investors ink five MoUs in Karachi

KARACHI: Chinese and Pakistani diplomats signed memorandums of understanding (MoUs) here for five projects in...

Updated 14 Dec, 2024 04:14pm

Business & Finance

All petrol pumps in federal capital will be equipped with EV-charging stations

ISLAMABAD: The government has taken a major step towards implementing the Electric Vehicles (EV) Policy, announcing...

Published 13 Dec, 2024 06:29am

Technology

Islamabad to become ‘model city’ for EVs: Tanveer

As part of the government’s commitment to increase electric vehicle (EV) usage in Pakistan, Federal Minister for...

Updated 12 Dec, 2024 10:41pm

Business & Finance

SUVs/EVs: FBR chairman briefs Senate body on chargeability of FED

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Wednesday informed that Ministry of ...

Published 12 Dec, 2024 07:23am

Business & Finance

Pakistan’s first electric SUV Seres 3 unveiled

KARACHI: Regal Automobiles Industries Limited, a trailblazer in Pakistan’s automotive sector, has made history ...

Published 02 Dec, 2024 06:04am

In violation of IMF’s EFF: Ministry drafts incentive plan for semiconductor industry

ISLAMABAD: In violation of the International Monetary Fund (IMF) ongoing Extended Fund Facility (EFF) program,...

Updated 29 Nov, 2024 02:23pm

Opinion

Aspiring for a thriving automotive sector

It was early morning, with the sweet sound of birds and the freshness of the air. After taking a bath, I opened the...

Updated 28 Nov, 2024 06:46am

Business & Finance

EVs to erode $5.68bn in road transport revenues: ADB

ISLAMABAD: Over 80 percent of road user revenues in Pakistan are from fuel-based revenues, involving an amount of...

Published 26 Nov, 2024 05:49am

EV policy draft finalised: minister

ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain on Wednesday announced that the draft...

Updated 21 Nov, 2024 02:37pm

Business & Finance

Sazgar Engineering plans Rs1.5bn land purchase for future expansion

Sazgar Engineering Works Limited (SAZEW), a Pakistani auto manufacturer, has announced plans to purchase land valued...

Updated 14 Nov, 2024 08:52pm

Business & Finance

Kia sees near-term market challenges but sticks to 1.6mn annual EV sales target by 2030

TAIPEI: South Korean car maker Kia expects challenging market conditions in the near term due in part to...

Published 14 Nov, 2024 12:19pm

Business & Finance

10,000 EV charging stations to be set up by 2030

ISLAMABAD: Federal Minister for Industries and Production, Rana Tanveer Hussain announced the government’s...

Published 07 Nov, 2024 07:39am

Business & Finance

Discos’ FCAs for Sept: Nepra approves Rs1.27 per unit negative adjustment

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved negative adjustment of Rs1.27 per...

Updated 07 Nov, 2024 08:44am

World

Air Canada to increase China flights as Canada lifts restrictions

HONG KONG: Air Canada will increase direct flights between China and Canada from December, the news arm of China’s...

Published 30 Oct, 2024 10:18am

Editorials

IPPs: a slippery situation?

EDITORIAL: Negotiations with Independent Power Producers (IPPs) are progressing. Following the termination of...

Published 25 Oct, 2024 06:39am

Opinion

IMF programme: lack of ingenuity?

The narrative led by Prime Minister Shehbaz Sharif and Finance Minister Muhammad Aurangzeb is that the economy has...

Updated 21 Oct, 2024 07:07am

Business & Finance

Pakistan’s Mega Motor secures key partnership with global EV giant BYD

Mega Motor Company (Private) Limited, a subsidiary of The Hub Power Company Limited (HUBCO), has announced a...

Updated 17 Oct, 2024 11:24pm

Business & Finance

eTurbo launches fastest, most economical EV motorcycles

KARACHI: eTurbo Motors has set a new benchmark in Pakistan’s electric vehicle (EV) industry with the launch of the...

Updated 17 Oct, 2024 08:16am

Markets

E-Turbo Motors sees growth in Pakistan’s electric vehicle market

Sheikh Osama Nadeem, CEO of E-Turbo Motors, said his company is working to establish a foothold in Pakistan’s...

Published 01 Oct, 2024 07:26pm

Business & Finance

Pakistan’s HUBCO plans to enter lithium mining, battery manufacturing

Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), has announced plans to enter...

Updated 30 Sep, 2024 10:53pm

National Electric Vehicle policy expected in one month

ISLAMABAD: The Steering Committee on Electric Vehicles (EV) has decided to finalise the National Electric Vehicle...

Updated 25 Sep, 2024 09:14am

Business & Finance

New Energy Vehicles: Sazgar Engineering gears up for local assembly in Pakistan by Dec 2025

Sazgar Engineering Works Limited (SAZEW), a Pakistani auto manufacturer, on Monday announced its plans to launch New...

Updated 23 Sep, 2024 10:24pm

Experts’ panel to weigh up EVs financing mechanism

ISLAMABAD: An inter-ministerial meeting decided to constitute a panel of representatives from the Finance Division,...

Updated 22 Sep, 2024 09:58am

Pakistan

Sindh govt takes efforts for launching e-taxis

KARACHI: Sindh government has intensified its efforts to launch electric taxis. In this regard, Sindh Senior ...

Published 13 Sep, 2024 06:13am

World

Spanish autos, pork in Beijing’s sights with PM Sanchez in China

BEIJING: Spanish Prime Minister Pedro Sanchez is expected to meet Chinese President Xi Jinping on Monday, with the...

Published 09 Sep, 2024 11:25am

Business & Finance

Chinese offer investment in electric bikes, scooters in KP

PESHAWAR: Chinese investors offered investment in the establishment of electric bikes, scooters and tri-cycle...

Published 30 Aug, 2024 07:56am

Technology

China’s BYD to use Huawei’s advanced autonomous driving system in off-road EVs

BEIJING: Chinese electric vehicle (EV) giant BYD has signed an agreement with Huawei to use the Chinese tech...

Published 27 Aug, 2024 12:10pm

Opinion

How renewable energy can save the planet

Last week, Pakistan witnessed a significant milestone in its energy transition as the Chinese electric vehicle (EV)...

Published 27 Aug, 2024 06:44am

Govt has failed to finalise policy on EV-charging stations

This comes due to lack of proper coordination between National Energy Efficiency & Conservation Authority (NEECA) and Engineering Development Board (EDB)

Updated 27 Aug, 2024 11:32am

Opinion

Electric Vehicles come to Pakistan

Minister for Finance Muhammad Aurangzeb claimed at the launching ceremony of BYD, a Chinese company globally ...

Updated 26 Aug, 2024 07:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.87 ▲ 0.76 (10.69%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.20 ▼ -2.20 (-9.82%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.11
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.01
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.49
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.01
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.43
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.47
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.05
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.34
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.17

Markets →

Budget 2024-25: income tax calculator for FY25

EVs

Most Popular