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electric car

Lebanon launches first electric car despite crisis

BEIRUT: A Lebanon-made electric car made its debut Saturday, the first time the Mediterranean country has...

Published 25 Apr, 2021 03:13am

Business & Finance

Battery maker Northvolt signs $14 billion order from Volkswagen

The battery maker also said it will sell its share in joint-venture Northvolt Zwei to Volkswagen, while the carmaker increases its ownership in Northvolt.
By consolidating cell production to the Northvolt Ett gigafactory, the partners will achieve further economies of scale, thereby securing the best possible cost and enabling the lowest environmental footprint in the world for cell production.

Published 15 Mar, 2021 05:44pm

BR Research

Kia teases its first electric car EV6

The car first appeared in January, when Kia outlined its seven-year EV plan to release seven dedicated models by 2027.
A video accompanying the release of images gives away a little more, in particular the lighting on the rear that features a red striped set of LED that run to meet a lower L-shaped orange light.

Published 09 Mar, 2021 02:47pm

Business & Finance

Hyundai Motor to replace battery systems in costly electric car recall

There have been some 15 cases of fires involving the Kona EV - 11 in South Korea, two in Canada and one each in Finland and Austria, according to the transport ministry.

Published 24 Feb, 2021 01:38pm

Business & Finance

Tesla cuts prices of base variants of Model 3, Model Y

The standard range of the Model Y was launched in January, bringing its SUV's price closer to that of the Model 3 sedan, the electric-car maker's least expensive car.

Published 18 Feb, 2021 11:27am

Business & Finance

Ford launches $1-bn drive to go electric in Europe

Ford said its first European-built all-electric passenger vehicle for European customers would be produced at the facility from 2023.

Published 17 Feb, 2021 04:43pm

BR Research

Jaguar Land Rover unveils plans to go 100% electric

The Tata Motors-owned group’s strategy - internally referred to as “Reimagine” - comes as car groups worldwide accelerate moves towards fleets powered by electric and other green technologies.
Land Rover will add six pure electric variants in the next five years and future Jaguar models will be built exclusively on a pure electric architecture, JLR said.

Published 15 Feb, 2021 04:20pm

Business & Finance

Karnataka's Yediyurappa says Tesla to set up electric car manufacturing unit

Last month the company incorporated Tesla Motors India and Energy Private Limited with its registered office in the southern city of Bengaluru, a hub for several global technology companies.

Published 13 Feb, 2021 08:59pm

Markets

Shell says to invest $5-6 bn annually in green energy

Shell outlined extra cash for biofuels, electric car charging and renewables and said crude oil production was gradually declining.

Published 11 Feb, 2021 12:59pm

BR Research

Apple-Hyundai electric car close to become reality

Kuo said that Apple’s first car will be based on Hyundai’s E-GMP platform for battery-powered electric vehicles.
TF Securities analyst claimed that first Apple car will be produced together with Hyundai.

Updated 03 Feb, 2021 02:27pm

World

Tesla to recall 135,000 vehicles over computer issue

WASHINGTON: Tesla will recall nearly 135,000 cars to repair a computer memory failure that could pose a safety risk,...

Published 03 Feb, 2021 04:35am

Business & Finance

Volkswagen Sales Surpassed Tesla in Europe Last Year

Volkswagen AG surpassed Tesla in battery-electric vehicle sales last year in Europe.

Published 01 Feb, 2021 03:53pm

Business & Finance

General Motors pledges to Go Green by 2035

General Motors will only sell zero-emission models only by 2035.
The automaker hopes to make all of its global operations and vehicles carbon-neutral by 2040.

Published 01 Feb, 2021 03:00pm

Business & Finance

GM plans to be carbon neutral by 2040, aspires to end tailpipe emissions by 2035

"We're taking actions so that we can eliminate tailpipe emissions by 2035," said Dane Parker.
More than half of GM's capital spending and product development team will be devoted to electric and electric-autonomous vehicle programs.

Published 28 Jan, 2021 09:48pm

Business & Finance

PM to Meet Tesla Executives to Discuss Launch of Electric Vehicles in Pakistan

Prime Minister Imran Khan will meet executives at Tesla to explore investment opportunities in the electric vehicle (EV) industry in Pakistan.

Published 20 Jan, 2021 02:10pm

Business & Finance

Sales of electric vehicles surge in China

Total auto sales in China dropped 1.9 percent to 25.31 million vehicles, but the figure was "better than expected".

Published 13 Jan, 2021 07:56pm

Business & Finance

Apple, Hyundai to agree on electric car tie-up early this year

The latest report said the pair plan to build the cars at Kia Motors' factory in Georgia, or jointly invest in a new factory in the United States.

Published 10 Jan, 2021 05:42pm

Business & Finance

Norway first to over 50pc electric in 2020 new car sales: industry group

In December, electric car sales set a monthly record in Norway with 66.7 percent, with the numbers boosted by the arrival of new models, OFV said.

Published 05 Jan, 2021 05:01pm

Business & Finance

German carmakers welcome electric car support, see challenges

Daimler, Volkswagen say measures will help.
BMW says more charging points needed.
BMW, VDA want door left open for conventional engines.
Utilities do not want to build all chargers alone.

Published 18 Nov, 2020 06:29pm

Business & Finance

Bentley announce to go fully electric by 2030

Following the introduction of the first Bentley fully electric model in 2025 - Bentley’s first cradle to grave fully carbon-neutral car - Bentley will exclusively offer plug-in hybrid and electric models only within its range in 2026. By 2030, this will change to battery electric vehicles only.

Published 07 Nov, 2020 02:48pm

Business & Finance

Europe's EGV to manufacture electric buses in Pakistan

He said that over the next three years up to $4 billion would be allocated for the EV industry.

Updated 27 Oct, 2020 11:18am

Business & Finance

After China’s Skywell, German co to setup electric bus manufacturing unit in Pakistan

Meanwhile, the minister was of the view that the country needs to increase its exports, in order to achieve economic growth and for that one needs to focus on adopting the technology.

Updated 24 Oct, 2020 04:21pm

Business & Finance

Electrified by Tesla, Chinese startups are on the charge

The country’s growing fascination with the U.S. pioneer’s sleek designs and cutting-edge technology is giving a string of second-wave home-grown Tesla wannabes the traction to raise more funding, expand production and boost sales.

Published 25 Sep, 2020 10:22am

BR Research

Calling for 4-wheeler EV policy

One of the most vocal policy advocacies of the PTI government is to combat climate change and improve the ...

Published 11 Aug, 2020 09:02am

Business & Finance

Struggling Nissan launches electric car for 'new era'

Nissan aims to roll out the new model in Europe, the United States and China towards the end of 2021, the firm said in a statement.

Published 15 Jul, 2020 06:15pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Cotton US¢/pound / Apr 25	80.89
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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