VW aims to produce 3m small EV cars in 2025-2030 in Spain, SEAT chief says BARCELONA: German carmaker Volkswagen plans to produce 3 million small electric vehicles at its two plants in Spain... Published 27 Mar, 2023 07:32am
Business & Finance Taiwan’s Foxconn seeks chip, EV cooperation with India TAIPEI: Major Apple Inc supplier Foxconn said on Saturday it was seeking cooperation in India in new areas like... Published 04 Mar, 2023 10:36am
Business & Finance China’s car sales down SHANGHAI/BEIJING: China’s passenger car sales fell 37.9% in January, an auto industry body said on Wednesday, as... Published 09 Feb, 2023 07:00am
Business & Finance Elon Musk to unveil Tesla’s ‘Master Plan 3’ at first investor day Tesla Inc Chief Executive Elon Musk will reveal the third part of the electric vehicle (EV) maker’s “Master Plan”... Published 08 Feb, 2023 07:07pm
Business & Finance Tesla raises Model Y prices by $1,000 after US relaxes tax credit terms Tesla Inc raised prices in the United States of its best-selling vehicle, the Model Y, by $1,000 after the... Published 04 Feb, 2023 02:34pm
Business & Finance Tata considers Spain, Britain for European EV battery plant BARCELONA: India’s Tata is considering setting up a battery cell plant for electric vehicles (EV) in Spain or... Published 03 Feb, 2023 04:59pm
Business & Finance BMW evaluates more EVs for India amid growing demand BENGALURU: BMW is evaluating the launch of more battery electric vehicles (EVs) in India, amid growing demand from... Published 31 Jan, 2023 08:51pm
Business & Finance Dewan Motors displays ‘BMW’s first-ever electric premium Sedan i7’ KARACHI: Dewan Motors (Pvt) Limited has showcased BMW’s first-ever electric premium Sedan i7 in Karachi. Dewan... Published 19 Jan, 2023 05:58am
Business & Finance Toyota plans to produce 750,000 vehicles globally in February TOKYO: Toyota Motor Corp on Wednesday said it plans to produce about 750,000 vehicles globally in February. The... Published 18 Jan, 2023 01:07pm
Business & Finance Renault group sales fall 5.9% in 2022, Europe order book at record levels PARIS: Renault group sales in 2022 fell by 5.9% to 2,051,174 vehicles, marking a fourth consecutive annual decline... Published 18 Jan, 2023 01:05pm
Print Govt makes three financing models for e-bikes ISLAMABAD: The government has reportedly prepared three different financing structures to provide E-Bikes to... Updated 17 Jan, 2023 08:55am
World Europe’s largest rare earths deposit discovered in Sweden KIRUNA (Sweden): Europe’s largest known deposit of rare earth elements, essential for the manufacturing of ... Published 16 Jan, 2023 07:45am
Business & Finance South Korea fines Tesla $2.2mn for exaggerating driving range of EVs SEOUL: South Korea’s antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla Inc... Published 03 Jan, 2023 05:15pm
Technology Tesla doubles discounts on mainstay vehicles to $7,500 in US Tesla Inc is offering $7,500 discounts on Model 3 and Model Y electric vehicles (EV) delivered in the United States... Published 22 Dec, 2022 02:09pm
Markets Nepra, EVs Academy host seminar on electric vehicles’ future ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday in collaboration with Electrical... Published 11 Nov, 2022 06:52am
Business & Finance Tesla recalls 40,000 U.S. vehicles over potential loss of power steering assist WASHINGTON: Tesla Inc is recalling just over 40,000 2017-2021 Model S and Model X vehicles that may experience a... Published 08 Nov, 2022 06:05pm
Technology Nissan stops taking orders of Sakura EV, X-Trail in Japan TOKYO: Nissan Motor Co has temporarily stopped taking new orders of its recently unveiled light electric vehicles... Published 03 Nov, 2022 11:31am
Business & Finance EU pushes US over electric car credits PRAGUE: The EU urged the United States on Monday to grant its firms special status to sell electric vehicles, as... Published 31 Oct, 2022 09:16pm
Opinion GH: A new opportunity to effectively deal with energy challenges? Hydrogen is not something new. It is being used for more than a century. It is Green Hydrogen (GH) that is new.... Published 26 Oct, 2022 05:52am
Business & Finance Government plans to promote e-vehicles, says PM ISLAMABAD: Prime Minister Shehbaz Sharif Friday said the government was planning to promote the use of electric... Published 22 Oct, 2022 07:02am
World 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
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?