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electric cars

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

Business & Finance

BMW plans limited series hydrogen fuel cell SUV in 2022

Speaking at the carmaker's annual shareholder meeting, Chief Executive Officer Oliver Zipse said the company plans a small production run of a hydrogen fuel-cell powered x5 SUV next year.
Most of the auto industry is focusing its efforts on developing battery-electric cars to meet tightening emission standards in Europe and China.

Published 12 May, 2021 05:35pm

World

Tesla reports higher profits, says expansion on track

NEW YORK: Tesla reported a jump in first-quarter profits Monday on surging electric vehicle sales, and the...

Updated 28 Apr, 2021 10:07am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Petrol/Litre / Apr 23	293.94
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Diesel/Litre / Apr 23	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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