Topic

electric car

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

Updated 14 Sep, 2024 03:57pm

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

In fuel-guzzling Saudi Arabia, electric cars pique interest

Published 24 Jul, 2024 07:21pm

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

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

Published 28 Dec, 2023 03:08pm

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

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

Published 23 Nov, 2023 07:29pm

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

Tesla looking to make about half million EVs annually in India

Published 17 Jul, 2023 03:47am

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

Tesla nearly doubles deliveries compared to last year

Published 03 Jul, 2023 01:28am

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

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

Published 16 Jan, 2023 06:18am

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

Musk testifies at trial over his $50bn Tesla compensation

Published 16 Nov, 2022 08:13pm

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

EU threatens US over electric car subsidies

Published 07 Nov, 2022 07:31pm

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

EU pushes US over electric car credits

Published 31 Oct, 2022 09:16pm

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

EU electric car adventurers should plan carefully

Published 06 Jun, 2022 05:57am

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

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

Published 02 Jun, 2022 07:53pm

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

New Zealand to boost electric car sales

Published 16 May, 2022 10:24am

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

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

Published 29 Mar, 2022 05:49am

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

Elon Musk hands over first ‘made in Germany’ Teslas

Published 23 Mar, 2022 04:58am

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

Ford unveils new structure as it speeds electric car push

Published 02 Mar, 2022 07:00pm

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

Volkswagen cranks up electric car investment

Published 09 Dec, 2021 08:32pm

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

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

Published 23 Nov, 2021 03:54am

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

Tesla shares gain after Musk sheds $5bn in equity

Published 11 Nov, 2021 07:55pm

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

Swedish electric car maker Polestar plans $20-bn IPO

Published 27 Sep, 2021 05:04pm

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

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

Published 27 Sep, 2021 11:20am

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

Love and hate for EVs

Published 24 Sep, 2021 07:25am

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

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

Updated 06 Sep, 2021 05:31pm

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

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

Published 22 Jul, 2021 05:17pm

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

Electric car lithium demand powers mining revival in UK

Published 19 Jul, 2021 06:17am

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

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

Updated 08 Jul, 2021 08:59pm

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.

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

Published 27 Jun, 2021 03:56am

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

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

Updated 26 Jun, 2021 03:54pm

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

Europe powers up electric car battery drive

Published 21 Jun, 2021 03:43am

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

Tesla to build data centre

Published 26 May, 2021 03:45am

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

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.62 ▲ 6.6 (10%)
Allawasaya Tex / Jun 4 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,707.26 ▲ 155.21 (10%)
Nets Internat.Comm. / Jun 4 Nets International Communication Limited(GEMNETS)	27.95 ▲ 2.54 (10%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	21.16 ▲ 1.92 (9.98%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.36 ▲ 0.99 (9.55%)

Stock	Price
Arpak Int. / Jun 4 Arpak International Investments Ltd.(ARPAK)	106 ▼ -9.45 (-8.19%)
Ellcot Spinning / Jun 4 Ellcot Spinning Mills Limited(ELSM)	105.80 ▼ -9.02 (-7.86%)
Crescent Cotton / Jun 4 Crescent Cotton Mills Limited(CCM)	36.55 ▼ -3.05 (-7.7%)
Blessed Tex. / Jun 4 Blessed Textiles Limited(BTL)	1,110 ▼ -74.3 (-6.27%)
Dewan Textile / Jun 4 Dewan Textile Mills Limited(DWTM)	9.05 ▼ -0.59 (-6.12%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	80 ▼ -5.11 (-6%)
Paramount Mod / Jun 4 First Paramount Modaraba(FPRM)	13.10 ▼ -0.8 (-5.76%)
Gulshan Sp. / Jun 4 Gulshan Spinning Mills Limited(GSPM)	5.87 ▼ -0.31 (-5.02%)
Sindh Abadgar / Jun 4 Sindh Abadgar's Sugar Mills Limited(SASML)	387 ▼ -18 (-4.44%)
United Brands / Jun 4 United Brands Limited(UBDL)	23.52 ▼ -1.08 (-4.39%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	45,106,497 ▲ 0.25
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	13,407,690 ▲ 2.02
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	12,752,697 ▲ 2.15
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	12,369,754 ▲ 0.37
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	9,960,043 ▲ 0.44
Telecard Limited / Jun 4 Telecard Limited(TELE)	9,009,616 ▲ 0.39
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	7,885,072 ▲ 0.09
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	7,598,236 ▲ 0.36
Cnergyico PK / Jun 4 Cnergyico PK Limited(CNERGY)	7,277,170 ▲ 0.01
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	6,421,573 ▲ 0.43

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