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electric vehicles

South Korea’s Yoon asks Biden to resolve concerns over EV subsidy rules

SEOUL: South Korean President Yoon Suk-yeol asked US President Joe Biden to help address Seoul’s concerns that new...

Published 22 Sep, 2022 11:21am

Business & Finance

Magna invests $77mn in India’s EV startup Yulu to enter micromobility market

Magna International Inc is investing $77 million in India’s EV startup Yulu to enter the micromobility market, the...

Published 12 Sep, 2022 07:48pm

Business & Finance

After pandemic hiatus, Detroit Auto Show reboots itself

NEW YORK: Less glitz, better weather. The Detroit Auto Show, long a dead of winter mainstay that drew car industry...

Published 11 Sep, 2022 11:48am

Technology

Nur-E 75: Pakistan’s first electric car prototype unveiled on Independence Day

Founder/chairman of DICE Foundation, designer and developer of the vehicle, says commercial production is expected to start from last quarter of 2024

Published 14 Aug, 2022 10:05pm

World

EU says US plan for EV tax breaks discriminatory, may breach WTO rules

BRUSSELS: The European Union said on Thursday it was “deeply concerned” about proposed tax credits for purchases of...

Published 11 Aug, 2022 06:33pm

Business & Finance

Ford announces series of deals to accelerate EV push

DETROIT: Ford Motor Co on Thursday announced a series of deals to accelerate its shift to electric vehicles,...

Published 21 Jul, 2022 05:02pm

World

Five countries seek to delay EU fossil fuel car phase-out: document

BRUSSELS: Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a European Union plan to effectively ban the...

Published 24 Jun, 2022 08:11pm

Business & Finance

BMW starts production at new $2.2bn China plant to ramp up EV output

SHANGHAI: Germany’s BMW said on Thursday that production has formally begun at a new plant in China with an...

Published 23 Jun, 2022 11:37am

Business & Finance

Sale and purchase of property by non-filers: Senate body approves increase in advance tax

ISLAMABAD: The Senate Standing Committee on Finance and Revenue has approved increase in the advance tax from two to...

Published 22 Jun, 2022 07:35am

Business & Finance

Federal budget: Traders, tax experts give mixed response

KARACHI: Although the federal budget 2022-23 is a balanced budget, but it will neither gain investors’ confidence...

Published 11 Jun, 2022 06:08am

Business & Finance

US expands safety probe into Tesla Autopilot

NEW YORK: US regulators expanded a probe into Tesla’s “Autopilot” system, moving the investigation closer to a...

Published 10 Jun, 2022 06:16am

Markets

Solid Power aims to ship first solid-state battery cells by year-end to BMW, Ford

Solid Power, a developer of solid-state batteries for electric vehicles, aims to begin shipping pre-production...

Published 06 Jun, 2022 05:36pm

Technology

Britain’s electric car charge faces battery challenge

BLYTH: Britain risks falling behind in the race to establish an electric car industry if it can’t build more battery...

Published 31 May, 2022 12:46pm

Markets

Tesla plans to ramp up to pre-lockdown output in Shanghai by Tues-memo

SHANGHAI: Tesla Inc plans to restore production at its Shanghai plant to the level at which it had operated before...

Published 23 May, 2022 04:49pm

Business & Finance

Hyundai Motor Group to invest more than $10 billion in US up to 2025

SEOUL: Hyundai Motor Group said on Sunday it would invest an additional $5 billion in the United States by 2025 to...

Published 22 May, 2022 10:20am

Business & Finance

Ford makes U-turn, shelves plans for EV exports from India

NEW DELHI: Ford Motor Co said on Thursday it had dropped plans to make electric vehicles (EVs) in India for exports,...

Published 13 May, 2022 05:59am

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 halts most output at Shanghai plant, April sales dive

SHANGHAI: Tesla Inc has halted most of its production at its Shanghai plant due to problems securing parts for its...

Published 11 May, 2022 04:58am

Business & Finance

Stellantis won’t race to split electric vehicles from fossil fuel cars

MILAN: Stellantis is not considering splitting its electric vehicle (EV) business from its legacy combustion engine...

Published 06 May, 2022 05:03am

Business & Finance

Nikola posts wider quarterly loss as production costs rise

LONDON: Nikola Corp reported wider quarterly losses on Thursday, with the electric-truck maker incurring higher ...

Published 06 May, 2022 05:03am

Business & Finance

US to spend more than $3bn on EV battery manufacturing: White House

WASHINGTON: The Biden administration will allocate more than $3 billion in infrastructure funding to finance...

Published 03 May, 2022 03:00am

Markets

India’s Tata aims to build 80,000 electric vehicles this financial year

NEW DELHI: Tata Motors expects to aggressively ramp up annual production of electric vehicles (EVs) to more than...

Published 28 Apr, 2022 04:59pm

Technology

Giga-casting and robots: How Volkswagen’s Trinity aims to catch up with Tesla

BERLIN: As Tesla kicks off production at its new German plant this month, Volkswagen is weeks away from finalising...

Published 31 Mar, 2022 01:22pm

Business & Finance

Evergrande electric vehicle arm to start taking car orders ‘imminently’

HONG KONG: China Evergrande New Energy Vehicle Group said it will start accepting orders for its inaugural electric...

Published 28 Mar, 2022 01:24pm

Opinion

When it comes to oil, the global economy is still hooked

The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine...

Published 26 Mar, 2022 04:13am

Technology

Inside China’s electric drive for swappable car batteries

DETROIT/BEIJING: A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with...

Published 25 Mar, 2022 11:37am

Markets

Mercedes takes on Tesla with new US battery plant, electric SUV

TUSCALOOSA: Mercedes-Benz AG opened its first US electric vehicle (EV) battery factory on Tuesday and said Japanese...

Published 15 Mar, 2022 09:05pm

Business & Finance

Volkswagen reimagines classic camper for the electric age

FRANKFURT: Seventy years after its first model rolled off the factory line, Volkswagen is reinventing the VW bus,...

Published 14 Mar, 2022 06:00am

Business & Finance

The troubled California factory at Tesla’s core

SAN FRANCISCO: Tesla can hardly make enough electric vehicles to meet booming demand, but behind the world’s most...

Published 14 Feb, 2022 06:47am

Business & Finance

Nissan alliance to invest $25bn in electric vehicles over 5 years

TOKYO: The Nissan auto alliance said Thursday it will invest 23 billion euros ($25.7 billion) in electric vehicles...

Published 31 Jan, 2022 07:10am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 2 786 Investments Limited(786)	4.58 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 2 Al-Abbas Sugar Mills Limited(AABS)	310 ▼ 0.00 (0.00%)
Agro Allianz / Oct 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 2 Allied Bank Limited(ABL)	64.90 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 2 Abbott Laboratories (Pakistan) Limited(ABOT)	582.92 ▼ 0.00 (0.00%)
Abson Ind. / Oct 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 2 Alfalah Consumer Index ETF.(ACIETF)	8.01 ▼ 0.00 (0.00%)
Attock Cement / Oct 2 Attock Cement Pakistan Limited(ACPL)	81.57 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 2 786 Investments Limited(786)	4.58 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 2 Al-Abbas Sugar Mills Limited(AABS)	310 ▼ 0.00 (0.00%)
Agro Allianz / Oct 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 2 Allied Bank Limited(ABL)	64.90 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 2 Abbott Laboratories (Pakistan) Limited(ABOT)	582.92 ▼ 0.00 (0.00%)
Abson Ind. / Oct 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 2 Alfalah Consumer Index ETF.(ACIETF)	8.01 ▼ 0.00 (0.00%)
Attock Cement / Oct 2 Attock Cement Pakistan Limited(ACPL)	81.57 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 30	229.60
USD PKR Interbank Buying / Sep 30	228.60
USD to Japanese Yen / Sep 30	144.74
USD to Swiss Franc / Sep 30	0.99
Pound Sterling to USD / Sep 30	1.12
Euro to USD / Sep 30	0.98
UK LIBOR % / Sep 29	3.06

Stock	Volume
S&P 500 / Sep 30	3585.62
India Sensex / Sep 30	57426.92
Tokyo Nikkei / Sep 30	25937.21
Nasdaq / Sep 30	10575.62
Hang Seng / Sep 30	17222.83
FTSE 100 / Sep 30	6893.81
Dow Jones / Sep 30	28725.51
Germany DAX 30 / Sep 30	12114.36
France CAC40 / Sep 30	5762.34

Item	Value
Crude Oil USD/Barrel / Sep 30	79.49
Karachi Cotton PKR/37.32 KG / Sep 30	20735
Gold 10 Grams PKR / Sep 30	124743
Gold Spot USD/Ounce / Sep 30	1660.61
Cotton US¢/pound / Sep 30	85.34

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