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News
As Opel turns to Chinese partners, its hometown frets about the future
2+ hour, 39+ min ago (794+ words) As Germany's Opel slashes its engineering ranks and partners with China's Leapmotor, anxiety is running high in Ruesselsheim, the city it has long dominated. Struggling like many other European automakers, Opel is expanding its partnership with Leapmotor to build a…...
China sees exit of EV, solar and battery firms as AI and robotics boom
5+ day, 11+ hour ago (162+ words) The number of deregistrations increased by 4.6 percent, 8.3 percent and 12.3 percent year-on-year, respectively. At the same time, emerging technology sectors recorded strong growth. Around 55,000 new companies were established in the generative artificial intelligence sector during the first half of the year,…...
Pakistan faces challenge of surplus solar power storage
1+ week, 4+ day ago (382+ words) Federal Minister for Energy (Power Division) Awais Ahmad Khan Leghari has said that Pakistan no longer faces an electricity generation shortage but must invest in battery storage and grid flexibility to manage surplus solar power and meet rising evening demand,…...
Musk plans major Republican midterm spending push: report
2+ week, 2+ day ago (424+ words) Elon Musk, the world's richest person, is preparing a major spending push to help Republicans retain control of Congress in November's midterm elections, Axios reported Thursday. The reported splurge will revive the political operation that made Musk the biggest financial…...
Govt introduces legal framework for tinted glass permits, annual fee fixed at Rs15,000
2+ week, 6+ day ago (323+ words) The federal government has approved a new nationwide policy allowing the use of tinted vehicle windows under a regulated permit system, ending years of legal ambiguity while addressing security concerns raised by law enforcement agencies, 24NewsHD TV reported. According to official…...
Dar chairs auto policy review meeting, focus on accelerating EV adoption in Pakistan
1+ mon, 4+ week ago (288+ words) Deputy Prime Minister Ishaq Dar on Tuesday chaired a high-level Auto and Auto Parts Policy Review Meeting, where detailed discussions were held on promoting electric vehicles (EVs) and strengthening Pakistan’s automotive sector through modern and sustainable reforms. According to the…...
Musk becomes world's first trillionaire as SpaceX shares jump
2+ mon, 3+ day ago (709+ words) Shares in Elon Musk's SpaceX jumped as much as 30 percent on their trading debut Friday after the biggest IPO in history, making the polarizing entrepreneur the world's first trillionaire as he vowed to take humanity to Mars. The blockbuster initial…...
China's Hongqi unveils 831-horsepower luxury off-roader to rival Mercedes G-Class
2+ mon, 1+ week ago (272+ words) Chinese luxury automaker Hongqi has unveiled the G919, a high-performance off-road vehicle aimed at competing with established models such as the Mercedes-AMG G63 and the Land Rover Defender. The G919 is Hongqi's first off-roader powered by a four-motor extended-range electric vehicle (EREV) system…...
Govt rules out new taxes on solar panels, fertilisers in budget 2026-27
2+ mon, 2+ week ago (245+ words) The government has taken a final decision not to increase taxes on solar panels and fertilizers in the national budget for the next financial year (FY), 2026-27, reported 24NewsHD TV channel on Sunday. Sources told the 24News TV channel that the government had…...
Solar prices may rise in Pakistan as govt mulls 18pc GST in budget 2026-27
2+ mon, 2+ week ago (230+ words) Solar panel prices in Pakistan are expected to rise significantly in the upcoming federal budget 2025-26 as the government considers increasing taxes on renewable energy equipment under broader fiscal reforms linked to its programme with the International Monetary Fund (IMF), 24NewsHD TV…...