BERLIN: Germany on Monday reintroduced subsidies for electric vehicles (EVs) in a bid to accelerate the country’s transition to cleaner, less polluting cars, drawing praise from industry groups but criticism from environmentalists. Read More: Ford’s €4.4B lifeline: A bold move to save German operations Sales of EVs in Europe’s largest auto market have grown in recent years, […]
electric vehicles
China and Canada reach landmark trade and tourism deal
BEIJING: Canada and China have reached a “landmark” agreement covering trade, tourism, and economic cooperation, marking the first high-level meeting between the two nations’ leaders in eight years. Canadian Prime Minister Mark Carney met Chinese President Xi Jinping on Friday at the Great Hall of the People in Beijing, turning a page on years of […]
Punjab government to buy only electric and hybrid vehicles
LAHORE: The Punjab government on Wednesday announced that it will no longer purchase petrol or diesel vehicles for official use, opting exclusively for electric and hybrid vehicles in a move aimed at reducing emissions and promoting green transport. Chief Secretary Zahid Akhtar Zaman said the policy reflects the provincial government’s commitment to environmental protection, though […]
BYD overtakes Tesla as world’s top electric vehicle maker
China’s BYD has overtaken Tesla to become the world’s top electric vehicle maker, as the US automaker recorded a second consecutive year of declining annual sales. Intensifying competition, the expiration of US tax incentives, and pressure on Tesla’s brand weighed on demand. Global electric vehicle sales rose about 28% last year, creating room for rivals […]
Auto industry divided over REEV classification in Pakistan
A dispute has emerged within Pakistan’s auto industry amid reports that certain market players are lobbying to have Range-Extended Electric Vehicles (REEVs) classified as pure electric vehicles, a move that industry insiders warn could undermine policy objectives and result in significant revenue losses. Read More: Punjab official vehicles to go electric Sources say a Chinese assembler, along with […]
BYD set to overtake Tesla in global EV sales
SHENZHEN: China’s electric vehicle giant BYD is on track to surpass Tesla as the world’s largest EV seller in 2025, marking a major shift in the global auto industry as competition intensifies and market dynamics change. Read More: Chinese giant BYD partners with HUBCO to introduce EVs in Pakistan Both companies are expected to release their final […]
Europe car sales extend gains as EV demand accelerates
New car sales across Europe rose for a fifth consecutive month in November, supported by strong growth in electric vehicle (EV) registrations, according to data released by the European Automobile Manufacturers’ Association (ACEA). The steady rise signals improving momentum for the region’s auto market, even as broader structural challenges persist. Read More: Tesla set to […]
Punjab bans petrol bikes, pushes EVs
Punjab has announced a historic plan to ban the production of petrol-powered motorbikes and rickshaws, marking a major step toward environmental reform and cleaner air across the province. The decision was made during a special cabinet meeting on anti-smog measures chaired by Chief Minister Maryam Nawaz Sharif in Lahore, approving a phased, structured ban on […]
India launches ₹72.8bn plan to cut dependence on rare earth magnet imports
India has approved a massive ₹72.8 billion ($815.74 million) programme to manufacture rare earth permanent magnets domestically, marking a major strategic step toward reducing its reliance on imports. The announcement was made by Information Minister Ashwini Vaishnaw following a cabinet meeting on Thursday. Read More: China’s rare earth export curbs threaten India’s EV future The government stated that […]
Punjab reserves 100 e-taxis for women drivers
The Punjab government has revised its Electric Taxi Scheme, reserving 100 electric vehicles for women through a balloting process. Another 200 EVs will be allocated to male drivers, marking the first dedicated share for women in the province’s history. Corporate taxi operators will now receive 800 vehicles instead of the previously allocated 1,000. The revised […]