Category: Latest News

Lahore: Pakistan’s proposed New Energy Vehicle (NEV) policy, aimed at accelerating the transition towards cleaner transportation and reducing reliance on imported fuel, is facing increasing criticism from automobile manufacturers and local auto parts vendors who fear the framework could undermine the country’s existing automotive industry. The draft policy seeks to promote transport electrification, reduce emissions, lower oil imports and develop a domestic electric vehicle ecosystem, while targeting 30 per cent NEV adoption by 2030. However, industry stakeholders argue that the proposed framework may unintentionally discourage the growth of fully electric…

Read More

Beijing: At least 82 people were killed and several others remain missing after a powerful gas explosion ripped through a coal mine in northern China, state media reported on Saturday, marking one of the country’s deadliest industrial disasters in recent years. According to China’s state news agency Xinhua, the explosion occurred at 7:29pm on Friday at the Liushenyu coal mine in Shanxi province, a major coal-producing region of the country. A total of 247 miners were working underground at the time of the blast. Most workers were successfully brought to…

Read More

Islamabad: The Ministry of Energy’s Power Division has issued a public warning to electricity consumers regarding fraudulent schemes involving fake subsidy links and QR codes aimed at stealing personal information. In an advisory issued on Friday, the Power Division spokesperson said hackers and criminal elements were misleading consumers by claiming to offer government electricity subsidies through suspicious online links and QR codes. According to the spokesperson, consumers were being asked to click on fraudulent links and provide personal details through a four-step process. Victims were then instructed to enter a…

Read More

Karachi: Lucky Motors has partnered with Chinese state-owned automaker Guangzhou Automobile Group (GAC) to introduce electric vehicles (EVs) in Pakistan, betting that rising fuel prices and rapid rooftop solar adoption will accelerate the country’s transition toward electric mobility. Speaking to Reuters, Lucky Motors CEO Muhammad Faisal said the ongoing fuel price crisis has created a strong opportunity for EV adoption in Pakistan. “Every crisis has an opportunity. This crisis has actually helped Pakistani consumers transition fast from conventional fuel vehicles to new energy vehicles,” Faisal said. Under the agreement, Lucky…

Read More

Islamabad: The federal government on Friday announced a reduction in petroleum prices, lowering the price of petrol by Rs6 per litre and high-speed diesel (HSD) by Rs6.80 per litre, according to a notification issued by the Petroleum Division. Following the latest revision, the new price of petrol has been fixed at Rs403.78 per litre, while HSD will now be available at Rs402.78 per litre. The revised prices came into effect from May 23 (Saturday). This marks the second consecutive week of relief for consumers, after the government had reduced petrol…

Read More