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EV

Tackling the solar storm

The rooftop solar penetration is increasing at a rapid pace due to falling prices for solar plates as well as...

Published 27 May, 2024 08:51am

14-seater sightseeing bus: 30pc duty on electric vehicle import imposed

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has imposed 30 percent customs...

Updated 24 May, 2024 02:28pm

Business & Finance

Pakistan, Belarus should elevate trade ties: minister

ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan, has stressed the need for Pakistan and Belarus to elevate...

Published 09 May, 2024 03:11am

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

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

Business & Finance

Chinese EV maker BYD targets 20pc jump in annual sales

BEIJING: Chinese electric vehicle maker BYD has set a 3.6- million-unit sales target for 2024, a jump of 20% from ...

Published 30 Mar, 2024 04:58am

World

China commerce minister to head to Europe to make EV case

PARIS/SHANGHAI: China’s commerce minister will travel to Europe in April for discussions about the European...

Published 29 Mar, 2024 04:45am

Technology

China’s Xiaomi to enter cut-throat EV market for the first time

BEIJING: Chinese consumer tech giant Xiaomi will launch its first-ever EV at a press conference in Beijing Thursday,...

Published 28 Mar, 2024 11:19am

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

Perspectives

Bigger than Elon Musk’s Tesla: Chinese EV giant BYD takes centrestage

Think about a futuristic electric car – Tesla’s EV may very well be the first one to pop into one’s head. But...

Published 26 Jan, 2024 05:52pm

Technology

Stellantis to invest in French sodium-ion battery maker for EV output

PARIS: Stellantis announced on Friday that it is investing in French sodium-ion battery startup Tiamat to diversify...

Published 12 Jan, 2024 12:02pm

World

China’s Evergrande says head of EV arm detained

BEIJING: The head of heavily indebted Chinese property developer Evergrande’s electric vehicle unit has been...

Published 09 Jan, 2024 04:18am

Business & Finance

Honda considers $14bn plan for EV production in Canada

BENGALURU: Honda Motor Co is considering building an electric vehicle plant in Canada in a near 2 trillion yen...

Published 08 Jan, 2024 05:23am

Business & Finance

Atlas Honda tests the waters with electric scooter called ‘BENLY e’ in Pakistan

Displays new line during soft launch in Sheikhupura

Published 28 Nov, 2023 06:50pm

Business & Finance

KP-BoIT, China’s firm sign MoU on e-vehicle manufacturing

PESHAWAR: The Khyber Pakhtunkhwa Board of Investment and Trade (KP-BoIT) and China’s ADM International Trading...

Published 27 Nov, 2023 06:13am

Business & Finance

Honda, GM scrap ‘affordable’ EV tie-up

TOKYO: Japanese automaker Honda and US giant General Motors said Thursday they were scrapping a tie-up that was...

Published 26 Oct, 2023 11:45am

Business & Finance

Evergrande’s $500m EV share deal suspended, stock to resume trading

HONG KONG: A share sale plan between China Evergrande New Energy Vehicle Group, the electric-vehicle arm of ...

Published 09 Oct, 2023 06:24am

Business & Finance

Chinese firm to establish EV plant in Pakistan

ISLAMABAD: A Chinese electric car manufacturer has announced establishing an electric vehicle (EV) plant in Pakistan...

Published 17 Sep, 2023 06:05am

Markets

Midwest refining could shrink as domestic demand wanes

NEW YORK: While U.S. gasoline demand is unlikely to rescale the pre-pandemic peaks of 2018 as the energy transition...

Published 25 Jul, 2023 06:20am

Technology

Hyundai raises EV investment to $28bn, to reduce China operations

SEOUL: Hyundai Motor will raise average annual investment in electrification by nearly two thirds to $28 billion in...

Published 20 Jun, 2023 03:22pm

Opinion

Thar coal mine expansion

SECMC (Sindh Engro Coal Mining Company) has filed a tariff petition for expanding its capacity. This is a third...

Published 17 May, 2023 06:22am

Business & Finance

Mercedes posts rise in Q1 sales boosted by EVs, premium cars

Mercedes-Benz Group sales rose moderately in the first quarter of this year, boosted by electric vehicles (EV) and...

Published 12 Apr, 2023 01:22pm

Tesla to build battery plant in Shanghai

SHANGHAI: Tesla Inc will build a factory in Shanghai to make the Megapack energy storage product, Chinese state...

Updated 10 Apr, 2023 08:27am

Business & Finance

Evergrande’s EV unit warns it may halt production amid funds shortage

HONG KONG: China Evergrande New Energy Vehicle Group Ltd said on Thursday it may have to halt production of electric...

Published 27 Mar, 2023 06:15am

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

Markets

Cobalt price slump triggers lift-off in futures trading

LONDON: Cobalt prices have crashed over the last six months with demand growth slowing just as a wave of new supply...

Published 09 Feb, 2023 06:02am

Business & Finance

Nissan to buy up to 15pc stake in Renault EV unit

LONDON: Japanese car maker Nissan will buy a stake of up to 15% in Renault’s electric vehicle (EV) unit Ampere, ...

Published 07 Feb, 2023 06:07am

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

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

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