Trends - EV - Business Recorder

EV

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

Business & Finance

Tata Motors looks to expand electric car portfolio, add pricier models

GREATER NOIDA, (India): Tata Motors plans to expand its electric car portfolio with new models and higher price...

Published 16 Jan, 2023 06:18am

Business & Finance

Tesla, other EV rivals absorb costs as China pulls plug on subsidy

SHANGHAI: China’s decision to end a more than decade-long subsidy for electric vehicle purchases has forced...

Published 09 Jan, 2023 06:00am

Opinion

Renault considers making mass-market EVs in India

Renault is considering building a mass-market electric vehicle in India, two people with knowledge of the ongoing...

Published 07 Jan, 2023 06:00am

Business & Finance

EV maker Vinfast files for US IPO

BENGALURU: Vietnam-based electric-vehicle maker VinFast said on Tuesday it has filed for an initial public offering...

Published 12 Dec, 2022 06:07am

Business & Finance

Tesla recalls 321,000 vehicles in the US for tail light problem

NEW YORK: Tesla has recalled more than 321,000 vehicles in the United States because of a tail light issue, in the...

Published 21 Nov, 2022 07:22am

Perspectives

Hybrids or EVs: which one should Pakistan go for?

The auto sector in Pakistan is in deep turmoil at the moment. Many car companies have suspended bookings and been...

Published 09 Sep, 2022 09:51pm

Perspectives

Pakistan-India: a tale of two very distinct electric cars

Distinction in features of one vehicle alone conveys how different the industries are in the two countries

Published 17 Aug, 2022 12:09am

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

Business & Finance

Import of Active Pharmaceutical Ingredients: DRAP certification mandatory for paying 1pc tax

Tax on drugs registered under the Drugs Act, 1976 applicable at reduced rate

Updated 23 Jul, 2022 12:22pm

Opinion

No petrol, no cars: Cubans turn to electric transport

There is a new sight on the streets of Havana: increasing numbers of electric vehicles whizzing among the old...

Published 19 Jun, 2022 06:06am

Business & Finance

Didi pursues EV stake

HONG KONG: China’s Didi is in talks with state-backed Sinomach Automobile to buy a third of its electric-vehicle...

Published 09 Jun, 2022 06:18am

Business & Finance

EU electric car adventurers should plan carefully

PARIS: With summer holidays looming, Europe’s electric car owners may be wondering whether to risk taking their...

Published 06 Jun, 2022 05:57am

Technology

Toyota rolls out first battery electric car in cautious debut as rivals go full-throttle

TOKYO: Toyota Motor Corp rolls out its first mass-produced battery electric car in Japan on Thursday for lease only,...

Published 12 May, 2022 11:48am

Business & Finance

Toyota to make EV parts in India

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

Published 12 May, 2022 05:40am

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

Opinion

Toyota turns to Chinese tech to reach its electric holy grail

Toyota Motor Corp will launch an all-electric small sedan in China late next year, having turned to local partner ...

Published 04 Dec, 2021 04:23am

Business & Finance

EV maker Rivian boosts IPO price range, aims for $65bn valuation

NEW YORK: Rivian Automotive, backed by Amazon.com Inc, on Friday significantly raised the expected offer price of ...

Published 07 Nov, 2021 05:39am

Business & Finance

Tata Motors says EV waiting period at six months on chip shortage

BENGALURU: India's Tata Motors Ltd said on Monday it is seeing a waiting period of six months for electric cars and...

Published 01 Nov, 2021 06:52pm

Business & Finance

Tesla vehicle deliveries hit another record in Q3, beats analysts’ estimates

BERKELEY: Tesla Inc said on Saturday it had delivered a record electric cars in the third quarter, beating Wall...

Published 03 Oct, 2021 04:16am

Business & Finance

Pakistan, Korea companies collaborate to deploy EV charging infrastructure

Zi Solar signs MoU with South Korea's Aeonus Co Ltd as Pakistan looks to make headway in EV market

Published 27 Jul, 2021 03:01pm

Business & Finance

Old economy recharges lead market

LONDON: Tesla intends to replace the traditional lead-acid auxiliary batteries in its Model S and X electric ...

Published 10 Jul, 2021 03:42am

BR Research

EV anxieties

Having big dreams is sexy, but only if there is a plan working quietly in the background to realize them. That’s...

Published 16 Jun, 2021 07:35am

World

Biden looks abroad for electric vehicle metals, in blow to US miners

NEW YORK: US President Joe Biden will rely on ally countries to supply the bulk of the metals needed to build...

Published 27 May, 2021 03:41am

Business & Finance

Tesla in talks with China’s EVE for low-cost battery supply deal -sources

EVE makes lithium iron phosphate (LFP) batteries, which are cheaper to produce because they use iron instead of more expensive nickel and cobalt.

Published 15 May, 2021 12:14pm

Business & Finance

Honda aiming for 100pc electric vehicles by 2040

TOKYO: Japanese car giant Honda said Friday it would aim to have electric and fuel cell vehicles account for 100...

Updated 26 Apr, 2021 10:13am

Business & Finance

Tesla hits China speed bump with blowback over safety, service

BEIJING: Electric carmaker Tesla has hit a speed bump in China with questions being raised over safety and service...

Updated 26 Apr, 2021 10:13am

Markets

US stocks lower

NEW YORK: US stocks closed lower on Monday, slipping from last week’s record levels, as investors awaited guidance...

Published 21 Apr, 2021 03:21am

Business & Finance

EV of $600m: TRGIL to sell its full stake in E-Telequote

KARACHI: TRG Pakistan Limited Tuesday announced that its associate TRGIL has entered into a definitive agreement to...

Updated 21 Apr, 2021 10:07am

World

Stellantis electric cars will have up to 800km range

PARIS: Automaker Stellantis said Thursday it plans to develop four electric vehicle platforms that will offer up to...

Updated 19 Apr, 2021 09:56am

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Feb 3 The Pakistan General Insurance Co. Ltd.(PKGI)	5.28 ▲ 0.73 (16.04%)
Premier Insurance / Feb 3 Premier Insurance Limited(PINL)	7.52 ▲ 1.00 (15.34%)
Pak Agro Pack. (GEM) / Feb 3 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.76 ▲ 1.00 (14.79%)
Data Textile / Feb 3 Data Textiles Limited(DATM)	8.08 ▲ 1.00 (14.12%)
First Pak Mod. / Feb 3 First Pak Modaraba(PAKMI)	1.49 ▲ 0.16 (12.03%)
Dewan Sugar / Feb 3 Dewan Sugar Mills Limited(DWSM)	2.83 ▲ 0.28 (10.98%)
Jubilee Spinning / Feb 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.86 ▲ 0.28 (10.85%)
Tri-Star Power / Feb 3 Tri-Star Power Limited(TSPL)	11.64 ▲ 1.00 (9.40%)
Hala Enterprise / Feb 3 Hala Enterprises Limited(HAEL)	6.59 ▲ 0.49 (8.03%)
Soneri Bank Ltd / Feb 3 Soneri Bank Limited(SNBL)	10 ▲ 0.70 (7.53%)

Stock	Price
Sec. Inv. Bank / Feb 3 Security Investment Bank Limited(SIBL)	3.86 ▲ -0.99 (-20.41%)
Ruby Tex. / Feb 3 Ruby Textile Mills Limited(RUBY)	3.10 ▲ -0.50 (-13.89%)
Grays Leasing / Feb 3 Grays Leasing Limited(GRYL)	3.26 ▲ -0.43 (-11.65%)
HBL Growth Fund / Feb 3 HBL Growth Fund(HGFA)	4.70 ▲ -0.59 (-11.15%)
Pakistan Services / Feb 3 Pakistan Services Limited(PSEL)	1938 ▲ -157.13 (-7.50%)
Siemens Pak. / Feb 3 Siemens (Pakistan) Engineering(SIEM)	587.58 ▲ -47.64 (-7.50%)
Chashma / Feb 3 Chashma Sugar Mills Limited(CHAS)	60.17 ▲ -4.87 (-7.49%)
Pak Leather / Feb 3 Pak Leather Crafts Limited(PAKL)	19.68 ▲ -1.59 (-7.48%)
Noon Sugar / Feb 3 Noon Sugar Mills Limited(NONS)	54.55 ▲ -4.35 (-7.39%)
Tandlianwala Sugar / Feb 3 Tandlianwala Sugar Mills Limited(TSML)	56.60 ▲ -4.49 (-7.35%)

Stock	Volume
WorldCall Telecom / Feb 3 Worldcall Telecom Limited(WTL)	20,604,314 ▼ 0.02
Pak Petroleum / Feb 3 Pakistan Petroleum Limited(PPL)	12,186,736 ▲ -0.93
P.I.A.C.(A) / Feb 3 Pakistan International Airlines Corp(PIAA)	8,353,500 ▲ -0.14
Gul Ahmed / Feb 3 Gul Ahmed Textile Mills Limited(GATM)	8,350,767 ▲ -0.13
Habib Bank / Feb 3 Habib Bank Limited(HBL)	6,169,725 ▼ 0.69
Dewan Motors / Feb 3 Dewan Farooque Motors Limited(DFML)	6,069,500 ▼ 0.30
Ghani Glo Hol / Feb 3 Ghani Global Holdings Limited(GGL)	5,454,618 ▼ 0.53
Oil & Gas Dev. / Feb 3 Oil & Gas Development Company Limited(OGDC)	5,230,319 ▲ -0.05
Maple Leaf Cement / Feb 3 Maple Leaf Cement Factory Limited(MLCF)	4,990,557 ▲ -0.27
K-Electric Ltd. / Feb 3 K-Electric Limited(KEL)	4,946,333 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 2	273.50
USD PKR Interbank Buying / Feb 2	271.50
USD to Japanese Yen / Feb 2	128.59
USD to Swiss Franc / Feb 2	0.91
Pound Sterling to USD / Feb 2	1.23
Euro to USD / Feb 2	1.09
UK LIBOR % / Feb 1	4.30

Stock	Volume
S&P 500 / Feb 2	4147.39
India Sensex / Feb 2	59550.50
Tokyo Nikkei / Feb 2	27402.05
Nasdaq / Feb 2	12132.29
Hang Seng / Feb 2	21958.36
FTSE 100 / Feb 2	7801.43
Dow Jones / Feb 2	33998.52
Germany DAX 30 / Feb 2	15424.25
France CAC40 / Feb 2	7146.27

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 1	21235
Crude Oil USD/Barrel / Feb 2	75.15
Gold 10 Grams PKR / Feb 2	177641
Gold Spot USD/Ounce / Feb 2	1925.91
Cotton US¢/pound / Feb 2	85.88

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