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Electric vehicle

Chery on top?

Chery on top?

A host of Chinese vehicles are about to grace the Pakistani market. The latest to ride this wave will be Chery China...
Published 10 Feb, 2021 07:30am
Moving towards renewable; Pakistan launches Electric Charging Station
Business & Finance

Moving towards renewable; Pakistan launches Electric Charging Station

  • Omar Ayub said that by 2023 Pakistan will generate 75-80pc of its electricity from its local sources including nuclear, hydro, and coal power, which will reduce the electricity tariffs for the end customers.
  • The opening of a charging station in Islamabad will help encourage electric vehicles as future transportation in the country, says Babar.
Published 29 Jul, 2020 01:14pm
Tesla rival Rivian adds $2.5bn investment led by T. Rowe Price
Business & Finance

Tesla rival Rivian adds $2.5bn investment led by T. Rowe Price

  • The deal comes on the heels of electric car maker Tesla's meteoric rise in valuation and the recent public offering of Nikola Corp. Both Tesla and Nikola are planning electric pickups to rival Rivian.
  • The new round takes total investment in Rivian to at least $6 billion, including a $1.3 billion round in December led by T. Rowe Price.
Published 10 Jul, 2020 07:09pm