Tag: electric-vehicle

Electric bikes gain popularity

Admin
Electric-bikes

500% savings per km, no maintenance drive the surge in sales KARACHI: Out of a total of 18 Electric Vehicle (EV) motorbike brands, ten have been gaining more popularity compared to fuel-driven bikes in the market. Another eight brands are expected to emerge in March, according to experts and analysts. “Ten branded companies have started selling EV motorbikes, while another eight firms will come up with their products in the middle of March, as the Engineering Development Board (EDB) has already issued licenses to 34 companies, including electric rickshaws. Over…

Read More

U-turn on electric car tariffs as EU, UK extend trade rules

Admin
electric-vehicles

LONDON: British Prime Minister Rishi Sunak on Thursday hailed a deal with the European Union to delay post-Brexit tariffs on electric vehicle sales that were due to kick in from January. It comes after the European Commission agreed earlier this month that it would back a one-off postponement until the end of 2026 of the planned 10 per cent tariffs, in a major reversal of its previous position. The U-turn, which came after the UK and EU automotive industries raised cost concerns, paved the way for Thursday’s announcement of the…

Read More

Chinese firm to establish electric vehicle plant in Pakistan

Admin
electric-vehicles

ISLAMABAD: A Chin­ese electric car manufacturing company has announced establishing an electric vehicle (EV) plant in Pakistan and chain of showrooms in major cities of the country. This announcement was made by a delegation of XinjianJingyi Cheng Group, led by its assistant chairman GU Xongquan, during a meeting with FPCCI Vice President Amin Ullah Baig here on Thursday. Mr Baig, who is also chairman of the FPCCI Capital Office, held an extensive discussion with the Chinese firm’s team on the investment landscape of Pakistan. Mr GU said entering the Pakistani…

Read More