Stellantis Leads Europe’s Car Sales Comeback Amid EV Surge Europe’s car market is showing signs of life again, with Stellantis posting its first sales growth in over a year, boosted by strong demand for plug-in hybrid (PHEV) and battery-electric (BEV) vehicles. The European auto industry, still grappling with challenges like U.S. import tariffs, rising competition […]
Pakistan Launches Interest-Free Loan Scheme for Electric Vehicles ISLAMABAD – The government has rolled out a new initiative to help students, daily wage earners, delivery riders, and small business owners purchase electric bikes, rickshaws, and loaders through interest-free loans and subsidies. Under the scheme, applicants will be able to buy vehicles with easy monthly installments […]
Karachi Launches Electric Bike Initiative for KMC Employees Karachi’s Mayor, Murtaza Wahab, announced on Thursday that the city is rolling out a new initiative to introduce electric bikes for Karachi Metropolitan Corporation (KMC) employees. The project comes through a partnership between KMC and a private company. In the first phase, the KMC has procured 20 […]
Addressing a press conference along with the Secretary, Ministry of Industries and Production, Saif Anjum, and the Chief Executive Officer Engineering Development Board (EDB), Engr. Khuda Bukhsh, Haroon said the new EV policy is aligned with the Prime Minister’s vision of promoting clean, sustainable, and affordable transportation while encouraging local industry and protecting the environment. […]
He issued these directives while chairing a high-level meeting on Saturday to review the policy framework for the promotion of the electric vehicles industry and usage in the country. During the meeting, the draft of the Electric Vehicles Policy 2025 was thoroughly discussed. The Prime Minister emphasized the need for swift and priority-based measures to […]
This advisory project will support policy, regulatory, and standards-related reforms to create an enabling environment for investment across the e2/3Ws value chain, helping to fill market gaps and remove legal and regulatory barriers. As part of the partnership, IFC will provide technical implementation support and work with key regulators, including the Engineering Development Board, National […]
Pakistan’s electric vehicle (EV) market is growing at a fast pace, with new entrants like Deepal by Changan Pakistan and BYD making their way into the industry. A major milestone in this journey is set to take place at the 12th International Defence Exhibition and Seminar (IDEAS) 2024, where Dewan Motors will introduce Honri Ve, […]
Improvements in the Belgian, Dutch, and French electric-vehicle (EV) markets failed to offset a drop of almost 37% in Germany’s battery-electric sales, the European Automobile Manufacturers Association (ACEA) said. WHY IT’S IMPORTANT Car sales have shown mixed trends across the bloc, in part due to diverging policies on green incentives, while regulators have imposed hefty […]
The newspaper said that the world’s top-selling automaker would seek to make the island of Kyushu, where Fukuoka is located, a central part of its supply chain for battery-powered vehicles and an export base for Asia. A Toyota spokesperson said the company was aware of the report, but that it was not something it had […]
“The Ministry of Commerce will conduct a trade and investment barrier investigation into the relevant practices adopted by the EU in its investigation of Chinese enterprises,” the ministry said in a note on its website. It said it had decided to launch the probe following a complaint made by the National Chamber of Commerce for […]
