Trends - Electric vehicle - Business Recorder

Electric vehicle

Tesla reports record profits, confirms long-term outlook

NEW YORK: Tesla reported another round of record quarterly profits Wednesday while confirming its long-term growth...

Published 30 Jan, 2023 05:56am

Business & Finance

Musk outlines Tesla’s recession playbook: claw back costs

Elon Musk has a playbook for Tesla headed into what he believes will be a “serious” recession: cut costs on...

Published 26 Jan, 2023 05:41pm

Business & Finance

Ford in talks with China’s BYD to sell German plant: WSJ

Ford Motor Co is in talks with Chinese electric-vehicle maker BYD Co over the sale of a manufacturing plant in...

Published 24 Jan, 2023 06:47pm

Business & Finance

Tesla, other EV rivals absorb costs as China pulls plug on subsidy

SHANGHAI: China’s decision to end a more than decade-long subsidy for electric vehicle purchases has forced...

Published 09 Jan, 2023 06:00am

Opinion

Renault considers making mass-market EVs in India

Renault is considering building a mass-market electric vehicle in India, two people with knowledge of the ongoing...

Published 07 Jan, 2023 06:00am

Business & Finance

China Evergrande’s EV unit lays off employees

BENGALURU: China Evergrande Group’s electric vehicle unit said on Friday it was laying off workers and cutting the...

Published 02 Jan, 2023 05:54am

Opinion

Bumper green aluminium output is good news for carmakers, and climate

Aluminium makers are set to boost low-carbon metal output by 10% in 2023 and churn out even more in the years ahead,...

Published 18 Dec, 2022 03:36am

Business & Finance

EV maker Vinfast files for US IPO

BENGALURU: Vietnam-based electric-vehicle maker VinFast said on Tuesday it has filed for an initial public offering...

Published 12 Dec, 2022 06:07am

Technology

Who’s next? Chinese EVs drive Stellantis’ Jeep off the road

LONDON/MILAN: The bankruptcy of Stellantis’ Jeep joint venture in China could spell trouble for other global...

Published 28 Nov, 2022 02:17pm

World

Saudi crown prince launches Ceer, first Saudi electric vehicle brand

CAIRO: Saudi Arabia’s crown prince Mohammed bin Salman has launched Ceer, the first Saudi electric vehicle brand,...

Published 03 Nov, 2022 08:51pm

Business & Finance

Renault-backed Beyonca EV venture touts health monitoring, targets Audi in China

BEIJING: Beyonca, a start-up founded by a group of former Volkswagen executives, plans to take on the likes of Audi...

Published 31 Oct, 2022 06:43am

Business & Finance

Tesla recalls 24,000 US vehicles over seat belt issue

WASHINGTON: Tesla Inc is recalling just over 24,000 U.S. 2017-2022 Model 3 vehicles over a seat belt issue. The...

Published 27 Oct, 2022 04:58pm

Business & Finance

Nissan mulls taking up to 15% stake in Renault’s planned EV unit: report

TOKYO: Japan’s Nissan Motor Co is considering investing up to a 15% stake in Renault SA’s planned electric vehicle...

Published 27 Oct, 2022 04:46pm

Business & Finance

Hyundai breaks ground on $5.5bn U.S. EV, battery plant

ELLABELL: Hyundai Motor Co broke ground on a $5.54 billion electric vehicle (EV) and battery plant in the United...

Published 25 Oct, 2022 09:23pm

Business & Finance

EV charging stations to be set up along motorways

ISLAMABAD: The Electric Vehicle (EV) charging stations would be installed at five Motorway locations, keeping in ...

Published 24 Oct, 2022 05:45am

Technology

Tesla quarterly profit jumps, but revenues miss estimates

NEW YORK: Tesla reported Wednesday another quarter of sparkling earnings growth, but shares fell amid questions over...

Published 20 Oct, 2022 09:55am

Business & Finance

Renault CEO tours Korea unit run with Geely amid strategy reset

Renault Chief Executive Luca De Meo toured a South Korean factory run with China’s Geely Automobile on Tuesday, as...

Published 11 Oct, 2022 12:29pm

Business & Finance

Nissan pushes partner Renault to sell down stake, may raise funds

Nissan Motor Co Ltd is pressing French partner Renault SA to cut its stake in the Japanese automaker as much as...

Published 10 Oct, 2022 11:21am

Business & Finance

Nissan pushes partner Renault to sell down stake, may raise funds

Nissan Motor Co Ltd is pressing French partner Renault SA to cut its stake in the Japanese automaker as much as...

Published 09 Oct, 2022 11:03am

Business & Finance

Toyota says found fix for wheel issue that caused EV recall

TOKYO: Toyota Motor Corp said it had found a fix for a defect that caused a recall of its first electric vehicle...

Published 06 Oct, 2022 12:08pm

Business & Finance

Tata Motors launches $10,000 electric car in India to further its lead

NEW DELHI: Tata Motors launched India’s lowest priced electric car at a little over $10,000 on Wednesday as the...

Published 28 Sep, 2022 06:37pm

Business & Finance

Tesla steps up recruiting in Thailand as EV competition heats up

BANGKOK: Tesla Inc is stepping up recruitment in Thailand, Southeast’s Asia automotive hub, with the U.S. electric...

Published 05 Sep, 2022 05:47pm

Business & Finance

Aramco may take stake in Renault’s future thermal engine business

PARIS: Saudi Aramco could take a stake in the future thermal engine business that Renault plans to separate from its...

Published 01 Sep, 2022 05:53pm

Business & Finance

Mercedes set to lead India’s luxury EV market as Tesla stays out

NEW DELHI: German carmaker Mercedes-Benz plans to take pole position in India’s luxury electric vehicle market, ...

Published 25 Aug, 2022 06:08am

Business & Finance

Mercedes set to lead India’s luxury EV market as Tesla stays out

NEW DELHI: German carmaker Mercedes-Benz plans to take pole position in India’s luxury electric vehicle market, its...

Published 24 Aug, 2022 05:23pm

Markets

Musk sells 7.92 million Tesla shares worth $6.9 billion

Tesla Inc Chief Executive Officer Elon Musk has sold 7.92 million shares in the electric vehicle maker worth $6.9...

Published 10 Aug, 2022 08:20am

Business & Finance

VW’s CEO Diess ousted after tumultuous tenure, Porsche’s Blume to succeed

BERLIN: Porsche Chief Executive Oliver Blume will take over from Herbert Diess as CEO of Volkswagen (VOWG_p.DE), the...

Published 25 Jul, 2022 06:12am

Business & Finance

Musk says Tesla could lower car prices if inflation slows

Tesla Inc Chief Executive Officer Elon Musk said on Friday the electric automaker could lower prices for cars if...

Published 15 Jul, 2022 07:01pm

Business & Finance

Hyundai Motor launches first electric sedan, taking on Tesla

SEOUL: Hyundai Motor Co on Thursday launched its first electric sedan, Ioniq 6, which the South Korean automaker is...

Updated 14 Jul, 2022 01:50pm

Markets

Ferrari says going electric means ‘even more unique’ cars

MARANELLO: Electric and hybrid models should make up 80% of Ferrari’s sales by 2030, the luxury carmaker told...

Published 16 Jun, 2022 08:13pm

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Co / Feb 7 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.82 ▲ 0.16 (24.24%)
HBL Invest Fund / Feb 7 HBL Investment Fund(HIFA)	1.99 ▲ 0.34 (20.61%)
Oilboy Energy / Feb 7 Oilboy Energy Limited(OBOY)	7 ▲ 1.00 (16.67%)
Pak Gen.Ins. / Feb 7 The Pakistan General Insurance Co. Ltd.(PKGI)	5.65 ▲ 0.67 (13.45%)
P.I.A.C.(A) / Feb 7 Pakistan International Airlines Corp(PIAA)	4.10 ▲ 0.36 (9.63%)
Sui South Gas / Feb 7 Sui Southern Gas Company Limited(SSGC)	11.44 ▲ 0.99 (9.47%)
MetaTech. / Feb 7 MetaTech Health Limited(META)	7.14 ▲ 0.60 (9.17%)
Orient Rental / Feb 7 Orient Rental Mod(ORM)	6.55 ▲ 0.50 (8.26%)
Chashma / Feb 7 Chashma Sugar Mills Limited(CHAS)	64.68 ▲ 4.51 (7.50%)
Din Tex. / Feb 7 Din Textile Mills Limited(DINT)	102.63 ▲ 7.16 (7.50%)

Stock	Price
First Elite Cap.Mod / Feb 7 First Elite Capital Modaraba(FECM)	3 ▲ -0.32 (-9.64%)
Pak Gulf Leasing / Feb 7 Pak-Gulf Leasing Company Limited(PGLC)	6.03 ▲ -0.52 (-7.94%)
Shahtaj Sugar / Feb 7 Shahtaj Sugar Mills Limited(SHJS)	45.53 ▲ -3.69 (-7.50%)
AL-Noor Sugar / Feb 7 Al-Noor Sugar Mills Limited(ALNRS)	57.35 ▲ -4.64 (-7.49%)
Crescent Fib. / Feb 7 Crescent Fibres Limited(CFL)	52.73 ▲ -4.27 (-7.49%)
MCB-ARIF Habib / Feb 7 MCB-Arif Habib Savings and Invest(MCBAH)	21.97 ▲ -1.78 (-7.49%)
Sunrays Textile / Feb 7 Sunrays Textile Mills Limited(SUTM)	137.74 ▲ -11.16 (-7.49%)
Pak Leather / Feb 7 Pak Leather Crafts Limited(PAKL)	18.21 ▲ -1.47 (-7.47%)
Quetta Textile / Feb 7 Quetta Textile Mills Limited(QUET)	14.36 ▲ -1.16 (-7.47%)
Ellcot Spinning / Feb 7 Ellcot Spinning Mills Limited(ELSM)	121 ▲ -8.98 (-6.91%)

Stock	Volume
Pak Petroleum / Feb 7 Pakistan Petroleum Limited(PPL)	21,823,478 ▼ 5.59
Sui North Gas / Feb 7 Sui Northern Gas Pipelines Limited(SNGP)	13,436,569 ▼ 3.03
Oil & Gas Dev. / Feb 7 Oil & Gas Development Company Limited(OGDC)	10,544,849 ▼ 6.44
K-Electric Ltd. / Feb 7 K-Electric Limited(KEL)	8,976,715 ▼ 0.10
Hub Power Co. / Feb 7 The Hub Power Company Limited(HUBC)	7,912,174 ▼ 0.97
Sui South Gas / Feb 7 Sui Southern Gas Company Limited(SSGC)	7,743,500 ▼ 0.99
Cnergyico PK / Feb 7 Cnergyico PK Limited(CNERGY)	7,490,206 ▼ 0.06
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	5,875,506 ▼ 0.02
Dewan Motors / Feb 7 Dewan Farooque Motors Limited(DFML)	5,698,000 ▼ 0.17
P.T.C.L. / Feb 7 Pakistan Telecommunication Company Ltd(PTC)	5,530,500 ▼ 0.39

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World
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Currency	Rate

Stock	Volume

Item	Value

Electric vehicle

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