As per details, the Ministry of Industries entered into an agreement with the International Finance Corporation with the support of the Special Investment Facilitation Council for the promotion of electric vehicles in Pakistan. This will reduce fuel dependency and lower pollution levels. As part of the partnership, IFC will provide technical implementation support and work […]
Battery electric vehicles made up 19.6 percent of new cars sold last year, said the Society of Motor Manufacturers and Traders, which was below the government’s 22-percent target for carmakers. The SMMT reported a “record annual volume” of 382,000 battery electric vehicles sold in the UK last year. The automobile trade body had already warned […]
Accusing China — one of the world’s largest exporters of electric vehicles (EVs) — of “not playing by the same rules as other countries” in areas such as environmental and labor standards, he also unveiled a 25 percent surtax on imports of steel and aluminum products from China. The United States and the European Union […]
Sales of so-called new energy vehicles (NEVs) jumped 37% last month from the same period a year earlier, accounting for a record 50.7% of car sales, data from the China Passenger Car Association (CPCA) showed. NEV sales accounted for just 7% of total vehicle sales in China three years ago, but its heavy investments in […]
