Pakistan to convert 30% vehicles to electric by 2030: Aleem Khan
- 21-Nov-2024
Federal Minister for Communications, Privatisation, and Board of Investment Abdul Aleem Khan has announced that Pakistan aims to convert 30 percent of its vehicles to electric by 2030, under the government’s approved Electric Vehicle (EV) policy. The ambitious target reflects Pakistan’s commitment to combating climate change and promoting sustainable transportation. The minister emphasised that significant […]
Stellantis pauses production of electric Fiat 500
- 12-Sep-2024
ROME: Stellantis said on Thursday it would suspend production of the fully electric Fiat 500 small car for four weeks due to sluggish demand. The global slowdown in sales of electric vehicles (EVs), partly due to diverging policies on green incentives, has pushed automakers worldwide to adjust their EV plans. “The measure is necessary due […]
Is Kia EV COMING TO PAKISTAN?
- 03-Aug-2024
Credible reports suggest that Lucky Motor Corporation is set to bring Kia’s EV range to Pakistan and that could be just within next two to three months. This will mark a significant milestone in the country’s automotive landscape if that happens. While the specific model to be introduced remains speculative, the excitement is justified given […]
China says ‘reserves the right’ to file WTO suit over EU car tariffs
- 13-Jun-2024
BEIJING: China said Thursday it “reserves the right” to file a suit with the World Trade Organization over planned new EU tariffs on imports of its electric vehicles. “China reserves the right to file a suit to the WTO and take all necessary measures to resolutely defend the rights and interests of Chinese companies,” Beijing’s […]
Nissan announces major update about new car models
- 25-Sep-2023
Nissan Motor said on Monday that as of now all new models it launches in Europe will be fully electric and it plans to sell only electric vehicles on the continent by 2030. “There is no turning back now,” Nissan CEO Makoto Uchida said in a statement. “Nissan will make the switch to full electric […]
Sony, Honda to sell electric cars by 2025
- 17-Jun-2022
Japan’s Sony (6758.T) and Honda Motor (7267.T) on Thursday officially agreed to an equally owned joint venture that will start selling electric cars in 2025. Honda, like bigger rival Toyota Motor (7203.T), has been slower to shift to electric vehicles (EV) than global automakers and is under pressure from investors to make cars that are […]
Tesla, electric SUVs get poor scores from Consumer Reports
- 18-Nov-2021
Vehicles from Tesla and electric sport utilities from rival brands are among the least reliable models sold in the United States, a reflection of the risks of new technology, Consumer Reports said on Thursday. Consumer Reports, a nonprofit organization that evaluates products and services, said Tesla, the world’s most valuable automaker, ranked 27th out of […]
Xiaomi completes business registration of electric vehicle unit
- 01-Sep-2021
Xiaomi said on Wednesday it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its push into the automotive sector. The new unit, to be called Xiaomi EV, opened with registered capital of 10 billion yuan ($1.55 billion) and Xiaomi CEO Lei Jun as its legal representative, Xiaomi […]
Volkswagen shows confidence in electric future
- 13-Jul-2021
WOLFSBURG: Volkswagen raised its long-term profitability target on Tuesday in a sign of the German automaker’s growing confidence in managing the shift to electric and self-driving vehicles. Presenting its strategy until 2030, Europe’s largest carmaker also said it expected half of its global vehicle sales to be battery-powered by that date – joining rivals in […]
Huawei deepens dive into electric vehicles
- 29-Apr-2021
Huawei Technologies is in talks to take control of a small domestic automaker's electric vehicle unit, two people with direct knowledge of the matter said