Month-on-month: car sales in Pakistan down 22% in November due to year-end effect Car sales in Pakistan fell by 22% month-on-month (MoM) in November 2024, totaling 10,163 units, stated a report by... Updated 10 Dec, 2024 09:32pm
Business & Finance Hub Power Holdings partners with Mega Conglomerate to strengthen BYD alliance In its bid to strengthen business collaboration with Chinese electric vehicle giant BYD Auto Industry Company... Updated 05 Dec, 2024 05:13pm
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
Business & Finance Servers crash, data corrupted as cyber-attack hits Dewan Farooque Motors Limited Dewan Farooque Motors Limited (DFML) said its corporate data “have been corrupted badly” while “IT servers crashed”... Updated 29 Nov, 2024 10:36pm
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 Indus Motor, Ghandhara Tyre temporarily halt production Amid challenges in the country’s auto sector, including material shortage and operational adjustments, two prominent... Updated 26 Nov, 2024 08:45pm
Business & Finance Honda Atlas Cars’ profit-after-tax down 62% YoY in Jul-Sep Despite an increase in sales, the profit-after-tax (PAT) of Honda Atlas Cars (Pakistan) Limited (HCAR) declined... Updated 22 Nov, 2024 10:50pm
Print 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
Print EV charging tariff delay: Govt apathy hits investors and consumers ISLAMABAD: The government’s apathy towards determination of new tariff to set up Electric Vehicles (EVs) charging... Updated 14 Nov, 2024 09:23am
Markets Indus Motor temporarily halts operations citing inventory shortage Indus Motor Company (INDU), the manufacturer/assembler of Toyota vehicles in Pakistan, has announced to suspend its... Updated 28 Oct, 2024 10:16pm
Business & Finance Indus Motor Company’s profit up 58% at Rs5.09bn in 1QFY25 Indus Motor Company (IMC) reported a profit of Rs5.09 billion for the quarter ended September 30, 2024 (1QFY25), an... Updated 28 Oct, 2024 12:11pm
Business & Finance PAAPAM holds pre-show press conference to announce PAPS 2024 LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) recently held a... Published 24 Oct, 2024 06:49am
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
Business & Finance Pak Suzuki to discontinue its Bolan, launch ‘Every’ in Pakistan Pak Suzuki Motor Company has formally announced the launch of its new model ‘Every’, ending decades-long production... Published 11 Oct, 2024 03:31pm
Business & Finance Car sales surge by 24% YoY in September Backlog deliveries and promotional discounts drive growth Published 10 Oct, 2024 08:22pm
Business & Finance 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
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
Technology Attock Petroleum plans to expand network of EV charging stations across Pakistan Attock Petroleum Limited (APL) has said that it plans to set up further electric vehicle (EV) charging stations... Published 26 Sep, 2024 02:01pm
Business & Finance Indus Motor temporarily halts production citing material shortage Indus Motor Company (INDU) has announced the shutdown of its plant for five days citing low inventory and a shortage... Updated 25 Sep, 2024 07:05pm
Print 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
Technology 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 Dewan Farooque Motors (DFML) starts EV production after EDB’s approval Dewan Farooque Motors Limited (DFML) said on Tuesday that it has commenced production of electric vehicle (EVs) at... Updated 10 Sep, 2024 10:57pm
Business & Finance Despite auto sector’s slowdown, Indus Motor Company’s profit up 56% at Rs15.07bn in FY24 Indus Motor Company (IMC) reported a profit of Rs15.07 billion for the fiscal year that ended June 30, 2024 (FY24),... Updated 02 Sep, 2024 10:37pm
Markets Indus Motor to invest another Rs1.1bn ‘for additional localization’ Indus Motor Company Limited (INDU) announced that its board has approved an additional investment of Rs1.1 billion... Updated 02 Sep, 2024 04:33pm
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
Print 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
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept