Trends - Electric vehicle - Business Recorder

Electric vehicle

ezBike raises $1m in first pre-seed round by electric mobility startup

ISLAMABAD: ezBike, an electric mobility startup, announced on Thursday that it has raised $1 million in pre-seed...

Updated 13 May, 2022 09:39am

Markets

Toyota to make EV parts in India for domestic, export markets

NEW DELHI: Toyota Motor Corp plans to make India a manufacturing hub for electric vehicle parts to meet demand there...

Published 11 May, 2022 06:54pm

Business & Finance

India’s Mahindra Group weighs splitting auto business into 3 units

Indian auto-to-technology conglomerate Mahindra Group has begun a restructuring process to split its automobiles...

Published 06 May, 2022 10:05am

Markets

BMW launches new 7 Series with all-electric model

NEW YORK: BMW began pre-sales of the seventh generation of the BMW 7 Series on Wednesday, featuring for the first...

Published 20 Apr, 2022 05:51pm

Opinion

Soaring battery costs fail to cool electric vehicle sales

Buyers around the world are lining up to purchase electric vehicles this year even with sticker prices surging,...

Published 20 Apr, 2022 05:12am

Business & Finance

GM and Honda expand electric vehicle partnership

DETROIT: General Motors and Honda Motor Co on Tuesday said they will co-develop a series of electric vehicles based...

Published 06 Apr, 2022 05:53am

Business & Finance

Dewan Motors delivers first ever BMW iX Electric Vehicle in Pakistan

KARACHI: The roads of Karachi were electrified when Dewan Motors delivered the first ever BMW iX Electric Vehicle in...

Published 22 Mar, 2022 05:21am

Business & Finance

Ford doubles down on electric push in Europe

FRANKFURT: US carmaker Ford on Monday unveiled plans for seven new electric models in Europe, a battery-assembly ...

Published 14 Mar, 2022 05:48pm

Business & Finance

Germany to spend $220 bln for industrial transformation by 2026

BERLIN: Germany has earmarked 200 billion euros ($220 billion) to fund industrial transformation between now and...

Published 07 Mar, 2022 01:06am

Markets

GM's $7 billion investment intensifies EV battle with Ford, Tesla

General Motors Co said Tuesday it will invest $7 billion in Michigan, much of that aimed at dramatically boosting...

Published 25 Jan, 2022 09:16pm

Markets

Pakistan's Regal Automobile Industries looks to raise Rs800mn through IPO

Applies for PSX listing, will issue 25 million shares at floor price of Rs32

Updated 12 Jan, 2022 08:19pm

Markets

Nickel price buoyed by strong demand, dwindling stocks

LONDON: Nickel prices held near their highest in more than two months on Monday boosted by demand from the electric...

Published 10 Jan, 2022 06:40pm

Business & Finance

Toyota hikes electric vehicle sales goal to 3.5m per year

TOKYO: Toyota aims to sell 3.5 million electric vehicles per year from the next decade, its CEO said Tuesday, nearly...

Published 14 Dec, 2021 04:20pm

Technology

BMW hits one million EV sales, targeting two million by 2025

BERLIN: BMW has sold its one millionth electric vehicle (EV) and plans to reach two million total EV sales by 2025,...

Published 07 Dec, 2021 02:22pm

Pakistan

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

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

Published 23 Nov, 2021 03:54am

Business & Finance

Volkswagen gets reality check after Tesla's week of milestones

FRANKFURT: It's been a sobering week for Herbert Diess' electric vehicle ambitions. While Tesla joined the...

Updated 29 Oct, 2021 05:46pm

Markets

JLR parent Tata Motors surges nearly 20% on TPG fundraise, EV plans

Large investments, more product options and favourable government policies will accelerate the pace of EV adoption in India

Published 13 Oct, 2021 09:55am

Business & Finance

Tata Motors to invest $2bn in EVs after fundraise from TPG

NEW DELHI: Tata Motors will invest over $2 billion in its electric vehicle (EV) business over the next five years, a...

Updated 12 Oct, 2021 08:26pm

Subsidies, inefficiencies blamed for power sector circular debt

ISLAMABAD: Chairman, National Electric Power Regulatory Authority (NEPRA), Tauseef H. Farooqi said on Wednesday that...

Updated 09 Sep, 2021 11:07am

Markets

Chinese iron ore miner to invest $164mn in lithium production

Hainan Mining plans to build 20,000 tpy lithium hydroxide plant
Says island province well placed for Australia spodumene imports
Company posted near 3,000% y/y surge in H1 net profit on Monday

Updated 23 Aug, 2021 06:00pm

Pakistan

Two EV charging stations inaugurated alongside M-2 Motorway

ISLAMABAD: Inauguration of two EV charging stations at Bhera and Pindi Bhattian, just outside M-2 Motorway on...

Published 18 Jul, 2021 04:14am

Business & Finance

Volkswagen China sees chip supply shortage easing

"We hope the chip supply crisis will bottom out this summer and expect to see an improvement in this situation within the second half of the year," Woellenstein, told.

Published 16 Jul, 2021 07:52pm

Business & Finance

Volkswagen aims for half of vehicle sales to be electric by 2030

At Volkswagen, which aims to overtake Tesla as the world's largest electric vehicle (EV) maker by 2025, battery EVs accounted for just 3% of global sales last year.

Published 13 Jul, 2021 06:23pm

Pakistan

Shell, KE inaugurate electric vehicle charging station

KARACHI: Shell Pakistan Limited (SPL) and K-Electric (KE) today inaugurated the first ‘Rapid Charger’ station...

Published 10 Jul, 2021 03:42am

Business & Finance

Nissan unveils UK battery gigafactory

SUNDERLAND, (United Kingdom): Nissan launched plans Thursday for a vast battery gigafactory in northeastern England,...

Published 05 Jul, 2021 04:57am

Business & Finance

BMW warns chip supply shortage 'critical', output to suffer

Chip supply outlook for H2 remains tense -board member.
Lost production 30,000 units so far in 2021 -board member.
Comments made as serial production of iX SUV starts.

Published 02 Jul, 2021 06:24pm

Business & Finance

GM shakes up lithium industry with California geothermal project

The deal, announced on Friday, comes as automakers around the world scramble for access to lithium and other electric vehicle (EV) metals as internal combustion engines are phased out.

Published 02 Jul, 2021 06:16pm

Business & Finance

UK will set out aid package for Nissan deal in due course, says PM spokesman

Nissan's announcement today is a major vote of confidence in the UK and our highly-skilled workers in the northeast, and it's a pivotal moment in our electric vehicle revolution securing its future for decades to come.

Published 01 Jul, 2021 05:51pm

World

Biden to push electric vehicles, clean energy, schools in reconciliation bill

The president agreed to a scaled-down infrastructure package earlier this month worth $1.2 trillion with a bipartisan group of senators that does not include many of his policy priorities, like the tax credits and rebates, federal funding of pre-kindergarten or community college.

Published 30 Jun, 2021 11:59pm

BR Research

Auto policy: Theatre of the absurd

The upcoming auto policy is an attempt by this government to put its eggs in not just one, not just two but in many...

Updated 12 Jul, 2021 07:59am

Gainers
Losers
Leaders

Stock	Price
SME Leasing Ltd / May 17 SME Leasing Limited(SLL)	3.10 ▲ 0.90 (40.91%)
First Pak Mod. / May 17 First Pak Modaraba(PAKMI)	2.39 ▲ 0.32 (15.46%)
Asim Textile / May 17 Asim Textile Mills Limited(ASTM)	7.19 ▲ 0.86 (13.59%)
Pak Gen.Ins. / May 17 The Pakistan General Insurance Co. Ltd.(PKGI)	9.57 ▲ 1.00 (11.67%)
Nagina Cot. / May 17 Nagina Cotton Mills Limited(NAGC)	75.26 ▲ 5.25 (7.50%)
Land Mark Spinning / May 17 Landmark Spinning Industries Limited(LMSM)	14.36 ▲ 1.00 (7.49%)
Karam Ceramics / May 17 Karam Ceramics Limited(KCL)	55.88 ▲ 3.89 (7.48%)
Shield Corp. / May 17 Shield Corporation Limited(SCL)	309.30 ▲ 21.30 (7.40%)
Pak Engineering / May 17 Pakistan Engineering Company Limited(PECO)	246.70 ▲ 16.72 (7.27%)
United Insurance / May 17 The United Insurance Company(UNIC)	7.67 ▲ 0.51 (7.12%)

Stock	Price
Reliance Ins. / May 17 Reliance Insurance Company Limited(RICL)	4.65 ▲ -0.85 (-15.45%)
Saritow Spinning / May 17 Saritow Spinning Mills Limited(SSML)	7.05 ▲ -1.00 (-12.42%)
Dandot Cement / May 17 Dandot Cement Company Limited(DNCC)	7.01 ▲ -0.74 (-9.55%)
Sitara Energy / May 17 Sitara Energy Limited(SEL)	11.00 ▲ -1.00 (-8.33%)
TPL Trakker Ltd / May 17 TPL Trakker Limited(TPLT)	11.05 ▲ -0.93 (-7.76%)
Ruby Tex. / May 17 Ruby Textile Mills Limited(RUBY)	3.60 ▲ -0.30 (-7.69%)
Otsuka Pak / May 17 Otsuka Pakistan Limited(OTSU)	247.57 ▲ -20.07 (-7.50%)
Sapphire Textile / May 17 Sapphire Textile Mills Limited(SAPT)	1010.20 ▲ -81.80 (-7.49%)
Shakarganj / May 17 Shakarganj Limited(SML)	42.45 ▲ -3.42 (-7.46%)
Bal. Wheel / May 17 Baluchistan Wheels Limited(BWHL)	68.05 ▲ -5.46 (-7.43%)

Stock	Volume
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	21,829,000 ▼ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	15,388,581 ▼ 0.00
Lotte Chemical / May 17 Lotte Chemical Pakistan Limited(LOTCHEM)	11,484,952 ▼ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	10,938,306 ▼ 0.00
Treet Corp / May 17 Treet Corporation Limited(TREET)	10,934,000 ▼ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	7,360,000 ▼ 0.00
Engro Polymer / May 17 Engro Polymer & Chemicals Limited(EPCL)	7,194,365 ▼ 0.00
Ghani Glo Hol / May 17 Ghani Global Holdings Limited(GGL)	6,527,788 ▼ 0.00
Hum Network / May 17 Hum Network Limited(HUMNL)	5,706,500 ▼ 0.00
Pak Int.Bulk / May 17 Pakistan International Bulk Terminal(PIBTL)	5,613,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	194.40
USD PKR Interbank Buying / May 17	194.20
USD to Japanese Yen / May 17	129.28
USD to Swiss Franc / May 17	1.00
Pound Sterling to USD / May 17	1.23
Euro to USD / May 17	1.04
UK LIBOR % / May 17	0.83

Stock	Volume
S&P 500 / May 17	4008.01
India Sensex / May 17	52973.84
Tokyo Nikkei / May 17	26665.16
Nasdaq / May 17	11662.79
Hang Seng / May 17	20311.23
FTSE 100 / May 17	7464.80
Dow Jones / May 17	32223.42
Germany DAX 30 / May 17	13964.38
France CAC40 / May 17	6347.77

Item	Value
Crude Oil / May 17	114.40
Karachi Cotton Assoc. / May 17	21180.00
Gold 10 Grams / May 17	111400.00
Gold Spot / May 17	1826.10
Cotton / May 17	151.40

Electric vehicle

Most Popular Articles