Topic

hybrid vehicles

Budget: tax on hybrid cars may stay unchanged; up to 25pc sales tax on import of EVs likely

Updated 10 Jun, 2026 09:26am

Sources tell Business Recorder several sales tax exemptions are set to expire on June 30, 2026

Hybrid tax incentives spark auto industry concerns

Published 15 May, 2026 07:52am

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers has expressed concern over a...

How policy built Pakistan’s auto industry, how reversal could reshape it

Published 25 Mar, 2026 10:34pm

Pakistan’s automobile industry now stands at a critical inflection point as proposed revisions to tax incentives for...

From gas to grid: navigating Pakistan’s vehicle transition

Published 06 Nov, 2025 06:51am

In a country where power outages are common and roads are filled with cars that have been running for decades, the...

Experts urge Pakistan to accelerate its shift towards green mobility

Updated 08 Oct, 2025 08:47am

KARACHI: Experts and industry leaders have urged Pakistan to accelerate its shift towards green mobility through...

Experts call for policy reforms to accelerate green auto transition

Updated 07 Oct, 2025 10:28pm

Industry leaders and experts have urged Pakistan to accelerate its shift towards green mobility through consistent...

Toyota to recall nearly 394,000 US vehicles over rearview camera issue, NHTSA says

Published 07 Oct, 2025 01:24pm

Toyota Motor is recalling 393,838 vehicles in the U.S. due to a rearview camera issue that may fail to display,...

Facing global headwinds, Chinese automakers make a play for Africa

Published 26 Jun, 2025 05:49pm

JOHANNESBURG: Chinese automakers are pushing to unlock Africa’s underdeveloped potential, with a focus on electric...

Aurangzeb tells Senate body: Govt eyes $2bn loan to boost reserves

Updated 13 Jun, 2025 09:25am

ISLAMABAD: Amid expectation of borrowing $2 billion from commercial banks to shore up reserves to $14 billion by the...

Back in gear

Published 08 Apr, 2025 09:04am

As small as Pakistan’s automobile industry is, it has contracted significantly in recent years. By FY24, industry...

Dude, where’s my car? Toyota buyers face long waits amid hybrid boom

Published 31 Mar, 2025 12:49pm

NEW DELHI/AUSTIN: Soaring demand for Toyota’s gasoline-electric hybrids has left suppliers struggling to keep pace,...

Revolutionizing the Pakistani automobile industry

Published 28 Mar, 2025 06:11am

The automobile sector in Pakistan is witnessing a transformative phase as innovation and technology take center...

China auto market hits milestone as EVs, hybrids make up half of July sales

Updated 09 Aug, 2024 07:52am

BEIJING: Half of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids,...

China’s BYD partners with Mega Motor to launch ‘NEV’

Updated 06 Aug, 2024 01:28pm

KARACHI: Chinese automotive giant BYD is poised to make its official entry into the Pakistani market, with a grand...

Hubco subsidiary ventures into EVs with China’s BYD

Published 22 Jun, 2024 06:47am

KARACHI: In a major development, Hub Power Holdings Limited, a wholly-owned subsidiary of The Hub Power Company...

50pc duty imposed on import of ‘Mild Hybrid Vehicles’

Updated 29 Jan, 2023 10:11am

ISLAMABAD: The Customs classification committee of the Federal Board of Revenue (FBR) has imposed 50 percent customs...

After pressure from Toyota chief, Japan emphasised support for hybrids

Published 25 Jun, 2022 04:42am

Toyota Motor Corp’s chief lobbied the Japanese government to make clear it supported hybrid vehicles as much as...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 3	278.32
USD PKR Interbank Buying / Jul 3	278.12
USD to Japanese Yen / Jul 3	161.34
USD to Swiss Franc / Jul 3	0.80
Pound Sterling to USD / Jul 3	1.34
Euro to USD / Jul 3	1.14
SOFR % / Jul 3	3.62

Stock	Volume
S&P 500 / Jul 2	7,483.24
Nasdaq / Jul 2	25,832.67
Dow Jones / Jul 2	52,900.07
India Sensex / Jul 3	77,938.16
Tokyo Nikkei / Jul 3	69,243.68
Hang Seng / Jul 3	23,310.80
FTSE 100 / Jul 3	10,679.03
Germany DAX 30 / Jul 3	25,779.31
France CAC40 / Jul 3	8,508.07

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 2	17,780
Crude Oil USD/Barrel / Jul 3	68.69
Gold 10 Grams PKR / Jul 3	378,031
Gold Spot USD/Ounce / Jul 3	4,176.94
Cotton US¢/pound / Jul 3	77.12
Petrol/Litre / Jul 4	299.50
Diesel/Litre / Jul 4	311.47

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Jul 3 Dewan Sugar Mills Limited(DWSM)	7.98 ▲ 0.96 (13.68%)
Ansari Sug. / Jul 3 Ansari Sugar Mills Limited(ANSM)	31.30 ▲ 2.85 (10.02%)
Dewan Farooque Sp. / Jul 3 Dewan Farooque Spinning Mills Limited(DFSM)	29.88 ▲ 2.72 (10.01%)
Quantum Data Tech. / Jul 3 Quantum Data Technologies Limited(QTECH)	51.87 ▲ 4.72 (10.01%)
Mughal Energy / Jul 3 Mughal Energy Limited(GEM)(GEMMEL)	24.73 ▲ 2.25 (10.01%)
Fateh Ind. / Jul 3 Fateh Industries Limited(FIL)	293.11 ▲ 26.65 (10%)
Fateh Sports / Jul 3 Fateh Sports Wear Limited(FSWL)	179.23 ▲ 16.29 (10%)
IbrahimFibres / Jul 3 Ibrahim Fibres Limited(IBFL)	271.37 ▲ 24.67 (10%)
S.G.Power / Jul 3 S.G. Power Limited(SGPL)	106.67 ▲ 9.7 (10%)
Shahzad Tex. / Jul 3 Shahzad Textile Mills Limited(SZTM)	114.95 ▲ 10.45 (10%)

Stock	Price
First Fid. Leasing / Jul 3 First Fidelity Leasing Modaraba(FFLM)	24.03 ▼ -2.67 (-10%)
Chashma / Jul 3 Chashma Sugar Mills Limited(CHAS)	132.21 ▼ -14.24 (-9.72%)
UBLPakistanETF / Jul 3 UBLPakistan Enterprise ETF(UBLPETF)	30.75 ▼ -2.72 (-8.13%)
First Imrooz Mod. / Jul 3 First Imrooz Modaraba(FIMM)	219.97 ▼ -14.2 (-6.06%)
Ashfaq Textile / Jul 3 Ashfaq Textile Mills Limited(ASHT)	35.31 ▼ -2.06 (-5.51%)
Sitara Chemical / Jul 3 Sitara Chemical Industries Limited(SITC)	811.04 ▼ -46.47 (-5.42%)
Gammon Pak / Jul 3 Gammon Pakistan Limited(GAMON)	19.76 ▼ -1.13 (-5.41%)
Pak Agro Pack. (GEM) / Jul 3 Pak Agro Packaging Limited (GEM)(GEMPAPL)	13.25 ▼ -0.75 (-5.36%)
TPL Corp Ltd / Jul 3 TPL Corp Limited(TPL)	16.79 ▼ -0.89 (-5.03%)
Next Capital / Jul 3 Next Capital Limited(NEXT)	13.11 ▼ -0.69 (-5%)

Stock	Volume
TPL REIT Fund I / Jul 3 TPL REIT Fund I(TPLRF1)	72,948,993 ▼ -0.04
TPL Corp Ltd / Jul 3 TPL Corp Limited(TPL)	48,406,341 ▼ -0.89
TPL Properties / Jul 3 TPL Properties Limited(TPLP)	34,286,380 ▲ 0.41
Ghani Chem. Ind. / Jul 3 Ghani Chemical Industries Limited(GCIL)	27,424,496 ▲ 2.43
Secure Logistics-Trax Group / Jul 3 Secure Logistics-Trax Group Limited(SLGL)	26,707,486 ▲ 0.23
F. Nat.Equities / Jul 3 First National Equities Limited(FNEL)	25,865,871 ▲ 0
Trust Sec.& Brok. / Jul 3 Trust Securities & Brokerage Limited(TSBL)	21,845,437 ▲ 0.11
Lotte Chemical / Jul 3 Lotte Chemical Pakistan Limited(LOTCHEM)	21,059,671 ▲ 0.91
Pak Reinsurance / Jul 3 Pakistan Reinsurance Company Limited(PAKRI)	18,996,584 ▲ 0.39
P.T.C.L. / Jul 3 Pakistan Telecommunication Company Ltd(PTC)	16,650,708 ▲ 1.65

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