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Electric vehicle

Biden meets with Indonesia president ahead of Xi summit

WASHINGTON: Leaders from the United States and Indonesia held discussions on Monday that will set the stage for US...

Published 14 Nov, 2023 10:44am

Technology

EV brand Beyonca signs investment deal with Saudi Arabian group

BEIJING: Electric vehicle brand Beyonca, backed by Renault and Dongfeng Motor , said on Monday that it signed an...

Published 23 Oct, 2023 10:41am

Technology

Tesla cuts US prices of Model 3, Model Y cars

Elon Musk-led Tesla cut prices of its Model 3 and Model Y vehicles in the US by about 2.7% to 4.2%, the electric...

Published 06 Oct, 2023 09:58am

Technology

Pakistan seeks Chinese assistance in EV technology

Authorities in Pakistan are seeking assistance from neighbouring China in the emerging fields of electric vehicles...

Updated 27 Sep, 2023 05:58pm

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

World

Erdogan asks Musk to build Tesla factory in Turkiye

Turkiye President Recep Tayyip Erdogan asked Tesla CEO Elon Musk to build a Tesla factory in Turkiye, Anadolu Agency...

Published 18 Sep, 2023 09:48am

Business & Finance

Chinese firm to establish EV plant in Pakistan

ISLAMABAD: A Chinese electric car manufacturer has announced establishing an electric vehicle (EV) plant in Pakistan...

Published 17 Sep, 2023 06:05am

Business & Finance

European car sales rise 15% in July, EVs up nearly 61%

LONDON: European new car registrations jumped 15.2% in July, the 12th consecutive month of growth as the auto...

Published 30 Aug, 2023 11:22am

Business & Finance

Tesla Q2 margins fall as it boosts discounts to drive demand

NEW YORK: Tesla beat quarterly revenue expectations on Wednesday, but said gross margin fell in the second quarter...

Published 24 Jul, 2023 06:11am

Business & Finance

India’s Tata chooses UK for $5bn Jaguar Land Rover gigafactory

LONDON: India’s Tata Group will build an electric vehicle battery plant in Britain to supply its Jaguar Land Rover...

Published 19 Jul, 2023 06:56pm

Technology

Hyundai raises EV investment to $28bn, to reduce China operations

SEOUL: Hyundai Motor will raise average annual investment in electrification by nearly two thirds to $28 billion in...

Published 20 Jun, 2023 03:22pm

Technology

New Twitter CEO says she is excited to help to transform Twitter

Newly appointed Twitter CEO Linda Yaccarino said in a tweet on Saturday that she has been inspired by owner Elon...

Published 14 May, 2023 10:48am

World

Tesla readies export of Model Y to Canada from China

SHANGHAI: Tesla has begun producing in Shanghai a version of the Model Y to be sold in Canada this year, the first...

Published 24 Apr, 2023 10:35am

Business & Finance

Canada, Volkswagen to invest more than C$20bn in battery gigafactory

OTTAWA: Canada and Volkswagen on Friday outlined financing of more than C$20 billion ($14.8 billion) for a battery...

Published 22 Apr, 2023 03:38am

Business & Finance

Annual net profit of Chinese EV giant BYD up 446pc

BEIJING: Chinese battery and electric vehicle manufacturer BYD announced Tuesday a net profit in 2022 of 16.6 ...

Published 30 Mar, 2023 06:35am

Business & Finance

Ford sees $3bn pretax loss in its EV business this year

Ford Motor Co expects its electric vehicle business unit to lose $3 billion this year, but remains on track to...

Published 23 Mar, 2023 10:03pm

Business & Finance

Musk eyes torrid growth at Tesla, but offers no big new reveals

NEW YORK: Elon Musk presented a heady vision Wednesday to turbocharge Tesla’s growth at an investor day filled with...

Published 02 Mar, 2023 11:12am

Business & Finance

Electric vehicle maker Tesla to open office in Malaysia

KUALA LUMPUR: Malaysia on Wednesday said electric vehicle (EV) maker Tesla Inc will open an office in the Southeast...

Published 01 Mar, 2023 11:43am

Opinion

Lithium price slide deepens as China battery giant bets on cheaper inputs

Rare discounts offered by Chinese battery giant CATL to automakers have accelerated a plunge in lithium prices, and...

Published 01 Mar, 2023 06:21am

World

White House unveils deal with Musk on EV chargers

NEW YORK: Tesla’s US charging network will be available to other electric vehicle brands for the first time...

Published 15 Feb, 2023 05:46pm

Business & Finance

China’s car sales slump 38pc in Jan

SHANGHAI/BEIJING: China’s passenger car sales fell 37.9% in January, an auto industry body said on Wednesday, as...

Published 13 Feb, 2023 05:57am

Technology

SK Innovation battery unit SK On aims to raise up to $2.4bn

HONG KONG: The electric vehicle (EV) battery business of South Korea’s SK Innovation Co Ltd, SK On, has begun a new...

Published 10 Feb, 2023 09:31am

Business & Finance

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

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	5.58 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	510 ▼ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	85.66 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	479.11 ▼ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 5 Attock Cement Pakistan Limited(ACPL)	99.63 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	5.58 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	510 ▲ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	85.66 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	479.11 ▲ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 5 Attock Cement Pakistan Limited(ACPL)	99.63 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,079,786 ▲ 0.00
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,984,500 ▲ 0.00
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,810,103 ▲ 0.00
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,518,237 ▲ 0.00
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	22,669,534 ▲ 0.00
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	22,423,667 ▲ 0.00
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.00
Fauji Foods Ltd / Dec 5 Fauji Foods Limited(FFL)	20,839,226 ▲ 0.00
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	20,714,512 ▲ 0.00
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	18,687,005 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	147.21
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.26
Euro to USD / Dec 4	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
India Sensex / Dec 4	68865.12
Tokyo Nikkei / Dec 4	33231.27
Nasdaq / Dec 4	14185.50
Hang Seng / Dec 4	16646.05
FTSE 100 / Dec 4	7512.96
Dow Jones / Dec 4	36204.44
Germany DAX 30 / Dec 4	16404.76
France CAC40 / Dec 4	7332.59

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Crude Oil USD/Barrel / Dec 4	73.31
Gold 10 Grams PKR / Dec 4	191701
Gold Spot USD/Ounce / Dec 4	2029.96
Cotton US¢/pound / Dec 4	78.68

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