News
ECC Opens Imports of Second-Hand Vehicles and Auto Parts
2+ hour, 25+ min ago (234+ words) The Economic Coordination Committee (ECC) has officially approved a one-year pilot scheme that permits the temporary import of second-hand vehicles and auto parts. Chaired by Finance Minister Senator Muhammad Aurangzeb, the committee amended the Import Policy Order 2022. This change allows…...
China's Another Leading Automaker Enters Pakistani Market
4+ week, 15+ hour ago (273+ words) China's leading and most advanced automobile manufacturer has officially entered the Pakistani market through a strategic partnership, marking a major development for the country's automotive industry. The developments come as Lucky Motor Corporation (LMC) inked a landmark exclusive strategic partnership deal…...
UBL Bank Offers Suzuki Alto Starting at Rs. 37, 328 Per Month
1+ mon, 23+ hour ago (164+ words) UBL Bank emphasized that interested buyers can apply directly online through the official UBL Drive portal, part of the bank's broader digital banking initiative aimed at making car ownership more accessible nationwide. The bank highlighted that the scheme includes easy…...
Meezan Bank Offers Benling Electric Scooter on 0% Markup with Easy Installments
1+ mon, 2+ day ago (184+ words) Meezan Bank, Pakistan's premier Islamic bank, has announced an easy financing option for customers to own a Benling Electric Scooter. Buyers can now avail 0% instalments over invoice value for up to 12 months, based on the Musawamah concept. The Benling Electric…...
Own a REVOO E-Bike from Meezan Bank Starting Rs. 5, 490 Monthly Installment
1+ mon, 1+ week ago (140+ words) Amid rising fuel prices, Meezan Bank has introduced the Apni Bike program, offering citizens an opportunity to own REVOO electric bikes with monthly payments starting at Rs. 5, 490. The initiative aims to provide an economical and eco-friendly commuting option for students,…...
Punjab to Add Electric Vehicles to Traffic Police Fleet Worth Rs. 450 million
1+ mon, 1+ week ago (271+ words) The Punjab government has decided to procure 50 electric vehicles (EVs) for the provincial traffic police as part of its broader push toward environmentally friendly and modern policing. A proposal worth Rs. 450 million has been forwarded to the provincial cabinet for…...
Elon Musk Poised to Become World's First Trillionaire as Wealth Hits $20 T
1+ mon, 2+ week ago (208+ words) Elon Musk, the founder of electric car maker Tesla and space exploration company Space X, is on the verge of becoming the world's first trillionaire, according to the 2026 Forbes World's Billionaires List. His net worth has soared to an estimated…...
Pakistan to Launch Electric Car for Just Rs. 1 Million Soon
1+ mon, 3+ week ago (298+ words) A locally manufactured electric car priced at around Rs. 1 million could enter Pakistan's automobile market by June, according to the chief executive of the Engineering Development Board (EDB). Speaking to journalists at an Iftar dinner, Hammad Mansoor said the vehicle…...
CCP Exposes Monopoly in Pakistan's Auto Industry
1+ mon, 3+ week ago (307+ words) The automobile industry remains a cornerstone of Pakistan's economy, contributing around 2. 8 percent to GDP and employing more than 215, 000 people directly. As a key segment of Large-Scale Manufacturing, it plays an important role in industrial growth, technology transfer, and domestic value…...
Toyota Introduces One-Stop Home EV Charging Installation
2+ mon, 1+ day ago (209+ words) Toyota has unveiled a new initiative aimed at making home charging easier for electric vehicle (EV) owners. The program focuses on simplifying the installation of residential chargers, ensuring that new plug-in hybrid (PHEV) and battery electric (BEV) owners can power…...