Trends - electric vehicles - Business Recorder

electric vehicles

US sharply hikes tariffs on Chinese EVs and chips

WASHINGTON: US President Joe Biden took aim at China on Tuesday, saying Beijing is “cheating” rather than...

Published 15 May, 2024 05:47am

Business & Finance

Master Changan Motors to launch Deepal S7 electric vehicles in Pakistan

Master Changan Motors Limited (MCML) is set to introduce its first pure electric vehicle brand in Pakistan – Deepal...

Published 06 May, 2024 11:28am

Business & Finance

Yellen faces tough road

GUANGZHOU, (China): US Treasury Secretary Janet Yellen arrived in China’s southern factory hub of Guangzhou on...

Published 05 Apr, 2024 04:50am

New energy vehicles: BYD announces partnership with Mega Conglomerate

ISLAMABAD: The world’s leading new energy vehicle manufacturer BYD (Build Your Dreams), China, has announced a...

Updated 03 Apr, 2024 08:51am

Technology

Experts hail Chinese EV giant BYD’s entry to Pakistan market

Chinese electric vehicle (EV) giant BYD revealed its plan to enter the Pakistan market and industry experts see it...

Published 29 Mar, 2024 11:00pm

Business & Finance

Nissan could seek partnership on EVs with Honda, Japanese media say

TOKYO: Nissan Motor is considering seeking a business partnership with Honda Motor , TV Tokyo reported on Wednesday,...

Published 22 Mar, 2024 04:57am

Business & Finance

Can ride-hailing, logistics and delivery companies lead an EV revolution in Pakistan?

KARACHI: Pakistan is seeing a massive surge in intent and efforts when it comes to adopting electric vehicles (EV),...

Published 05 Mar, 2024 08:21pm

Credit guarantee schemes for EVs on the cards

ISLAMABAD: The government is likely to introduce a credit guarantee scheme for Electric Vehicles (EVs) through State...

Updated 19 Feb, 2024 08:53am

Markets

Japanese rubber futures advance

SINGAPORE: Japanese rubber futures rose to a one-week high on Tuesday, lifted by a strong Nikkei performance and a...

Published 14 Feb, 2024 02:34am

Pakistan

Sindh CM adds another 80 buses to ‘People’s Bus Service’ fleet

KARACHI: Caretaker Sindh Chief Minister, former Justice Maqbool Baqar, added another 80 buses to People’s Bus...

Published 11 Jan, 2024 06:15am

Perspectives

Auto sector in 2023: advent of EVs and hybrids in Pakistan

The year 2023 signaled a downward spiral for the auto sector. For about half the year, there were restrictions from...

Published 02 Jan, 2024 05:09pm

Business & Finance

New MG electric vehicles unveiled

PESHAWAR: President Sarhad Chamber of Commerce and Industry Fuad Ishaq unveiled new electric vehicles introduced by...

Updated 01 Jan, 2024 06:59am

Business & Finance

Nissan to export China-developed EVs to global markets

BEIJING: Nissan Motor said on Sunday it would sell China-developed electric vehicles (EVs) globally as it struck a...

Published 17 Dec, 2023 11:11am

Opinion

Serious efforts at last!

As winter sets in and major cities in the country are engulfed with fog and smog with related diseases figures sky...

Published 09 Dec, 2023 05:46am

Technology

EV charging stations incurring ‘high cost’, insiders say

High cost of electricity is a major reason that investors are still reluctant to set up charging infrastructure for...

Published 07 Dec, 2023 08:59pm

Markets

Toyota plans to expand battery EV line-up in Europe to 6 models by 2026

TOKYO: Toyota Motor said on Monday it would increase its line-up of battery electric vehicles in Europe to six...

Published 04 Dec, 2023 09:45am

World

French foreign minister visits China to soothe ties after EV probe

BEIJING/PARIS: French Foreign Minister Catherine Colonna is set to meet the Chinese leadership in Beijing on Friday...

Published 24 Nov, 2023 10:08am

Technology

EVs’ manufacturing licenses: two, three wheelers take front seat in Pakistan

A four-wheel EV manufacturer yet to approach govt for license under EV policy

Updated 17 Nov, 2023 10:11pm

Pakistan

EV giant BYD considering investment in Pakistan, says Dr Ejaz

BYD, a Chinese auto conglomerate and the world’s largest electric vehicles (EVs) manufacturer, is considering...

Updated 19 Oct, 2023 04:05pm

Business & Finance

FCCI, R&D dept discuss importance of renewable energy, electric vehicles

FAISALABAD: A meeting of the Faisalabad Chamber of Commerce and Industry (FCCI) Standing Committee on CPEC and...

Published 11 Aug, 2023 05:17am

Value of Rs5m or more: 3pc advance tax to be collected on registration of EVs

ISLAMABAD: The advance tax at the rate of 3 percent would be collected at the time of registration of electric...

Updated 04 Jul, 2023 09:11am

Opinion

Managing energy imports to save forex reserves

Pakistan relies on imports for 49 percent of its primary energy supplies, which strains its already limited foreign...

Updated 22 Jun, 2023 06:12am

Technology

China unveils $72bn tax break for green cars to spur demand

BEIJING/SHANGHAI: China unveiled on Wednesday a 520 billion yuan ($72.3 billion) package to boost sales of electric...

Published 21 Jun, 2023 10:10am

Business & Finance

Belarus wants to bring in technology to assemble tractors, electric vehicles

ISLAMABAD: Pakistan and Belarus on Tuesday agreed to enhance cooperation by building a comprehensive and...

Published 31 May, 2023 03:56am

Technology

Tesla raises prices for all vehicles except Model 3 in US

Tesla Inc raised the US prices for its Model S, X, and Y electric vehicles on Thursday, according to its website,...

Published 12 May, 2023 10:03am

Technology

Tesla Models S, X unavailable in some Asia-Pacific countries, website shows

Tesla’s Model S and Model X were not available for order in some Asia-Pacific countries, including Australia,...

Published 30 Apr, 2023 12:18pm

Federal govt’s scheme: Only 15,000 applicants can get e-bikes/rickshaws

ISLAMABAD: The Federal Government’s E-Bikes/ Rickshaws Scheme will be for up to 15,000 applicants and in case...

Updated 27 Apr, 2023 09:14am

Technology

Musk says Tesla will put sales growth ahead of profit

Tesla Inc boss Elon Musk on Wednesday doubled down on the price war he started at the end of last year, saying the...

Published 20 Apr, 2023 10:08am

Business & Finance

Volkswagen says it will invest 1 billion euro in China EV centre

SHANGHAI: German carmaker Volkswagen said Tuesday it would invest one billion euros ($1.1 billion) in a new...

Published 18 Apr, 2023 06:04pm

Move to incentivise e-bikes: ECC set to consider three options today

ISLAMABAD: The Economic Coordination Committee of the Cabinet, which is scheduled to meet on Thursday (Apr 13), is...

Updated 13 Apr, 2023 08:44am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	157.24
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.08

Stock	Volume
S&P 500 / May 28	5306.04
India Sensex / May 28	75170.45
Tokyo Nikkei / May 28	38790.40
Nasdaq / May 28	17019.88
Hang Seng / May 28	18612.70
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	80.12
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2358.18
Cotton US¢/pound / May 28	78.80
Petrol/Litre / May 29	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 29 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 29 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 29 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 29 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 29 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 29 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 29 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 29 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 29 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

electric vehicles

Most Popular