We deliver timely news, in-depth analysis, and data-driven insights on Pakistan’s economy, energy, finance, technology, and markets.
By Aftab Ahmed | January 14, 2026
United Bank Limited (UBL) has introduced a new vehicle financing scheme under its UBL Drive program, allowing customers to purchase Toyota Yaris sedans on monthly installments. The offer applies to both manual and automatic (CVT) versions, including higher-end trims such as ATIV CVT 1.3 and ATIV X CVT 1.5, with interior options in beige and…
By Aftab Ahmed | January 14, 2026
The Punjab government has decided to ban government departments from purchasing petrol and diesel vehicles, aiming to promote environmentally friendly transport across the province. Under the decision, departments will be allowed to purchase only electric or hybrid vehicles, while those used for field duties remain exempt. The provincial government is also expected to announce a…
By Aftab Ahmed | January 12, 2026
The Khyber Pakhtunkhwa government has announced plans to introduce 10,000 electric rickshaws in Peshawar, aiming to provide affordable, eco-friendly, and modern public transport. A high-level meeting in Peshawar, chaired by the Secretary of Transport and Mass Transit, brought together officials from the Urban Mobility Authority, TransPeshawar, Science and IT, and the Bank of Khyber. Officials…
By Aftab Ahmed | January 12, 2026
Nexgen Auto has announced the official ex-factory introductory prices of the JAECOO J5 SHS HEV, expanding its hybrid sports utility vehicle lineup in Pakistan. The company said the JAECOO J5 SHS HEV Comfort has been priced at Rs 6,699,000, while the Premium variant carries an ex-factory price of Rs 7,699,000. Nexgen stated the introductory prices…
By Aftab Ahmed | January 9, 2026
Balochistan has approved a new electric bike scheme aimed at students, working women, government employees, and the general public. The program offers 30% subsidies and easy installment plans, making it accessible to all segments of society, Chief Minister Bugti said. Bank financing will be used to ensure smooth implementation of the initiative. Chief Minister Bugti…
By Aftab Ahmed | January 8, 2026
Pakistani car buyers looking to own a Suzuki Cultus can now do so through easy monthly installments under UBL’s auto financing product, UBL Drive. Under the scheme, customers can purchase a brand-new Suzuki Cultus with monthly payments starting from around Rs50,972, depending on selected options. As of January 2026, the ex-factory price of the Cultus…
By Salman Khan | January 7, 2026
BYD said it had sold more than 4.6 million new energy vehicles globally in 2025, while retaining its world No.1 ranking. The Shenzhen-headquartered automaker said that overseas deliveries had exceeded one million units for the first time in a single year, which made a key milestone in its global expansion strategy. However, the company did…
By Aftab Ahmed | January 7, 2026
Lahore Police have finalised recommendations to introduce a modern E-Tag vehicle system and forwarded proposal to Home Department. The proposed system aims to strengthen urban security, reduce vehicle-related crime and improve traffic monitoring digitally citywide operations. Under the proposal, E-Tag is an electronic chip embedded in number plates storing verified vehicle data for scanning. Officials…
By Aftab Ahmed | January 7, 2026
National Database and Registration Authority (NADRA) has introduced a new vehicle verification facility in Sindh, aimed at simplifying the buying and selling process for registered vehicles. The service has been launched in collaboration with the Sindh government and allows citizens to verify vehicles through NADRA’s Pak ID mobile application. Under the new system, users can…
By Aftab Ahmed | January 6, 2026
Pakistan is engaging China in agreements worth US$558 million, focusing on lithium-ion battery assembly/manufacturing for value addition. Pakistan has identified a phased domestic supply plan covering gaps, import reliance, JV opportunities, and required policy actions.REVOO Unveils New Lithium EVs at PAPS 2025 The government is focusing on agreements with China under B2B engagements to exploit…