Sazgar Engineering Works Limited (SAZEW) has announced that it will double its capacity as a new manufacturing plant is expected to become operational in 4QFY26. The company has also revised its planned capex upward from Rs4.5 billion to Rs11.5 billion for the new manufacturing plant, which is expected to become operational in 4QFY26. The expansion…
A meeting of the Economic Coordination Committee (ECC) of the Cabinet was held on Wednesday at the Finance Division with the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chairing the meeting virtually from the New York. The ECC considered a summary regarding the commercial import of used vehicles and, after detailed discussion, accorded…
Terra Motors, a leading Japanese electric mobility company, has announced its entry into Pakistan’s market with the launch of its flagship electric three wheeler, Kyoro. It is Terra Motors’ next-generation electric three-wheeler, built for both passenger mobility and last-mile logistics. With a top speed of over 55 km/h, an extended range of up to 200…
inDrive, a global mobility and services platform, has partnered with LearnOnline.pk to launch free online courses designed to equip its drivers with essential digital skills. The initiative reflects inDrive’s commitment to uplifting communities by creating opportunities for growth, innovation, and financial independence. These courses aim to equip drivers with the skills to enhance their livelihoods…
MG Pakistan has rolled out massive price cuts on its electric vehicles, enabling customers to save more than Rs1.3 million on each model. The revised rates apply to two popular models: the MG4 Excite and the MG ZS EV Short Range. The MG4 Excite is now available for Rs8.49 million instead of Rs9.79 million, while…
The availability of charging stations for electric vehicles has been a grave concern for electric vehicle drivers fed up with broken EV chargers. According to a poll by J.D. Power research in collaboration with PlugShare, it was revealed in its findings. According to the survey, J.D. Power research with its partner surveyed around 12,000 EV…
A cartel of local car assemblers has made a payment of Rs 4 billion to consumers for late delivery of vehicles in Pakistan under an auto policy. CEO Engineering Development Board (EDB) informed during a meeting here on Friday. CEO EDB apprised the Minister that 08 licenses had been issued to EV-based OEMs for the…
Ibn-e-Ameer The government has already approved the manufacturing of local electric cars in Pakistan. After the electric cars are on road, they will make a lot of difference for the country, customers, climate, and even the energy map. During the last several decades, the oil lobby has been ruling the country. However, this lobby has…
S Sultan Toyota Indus Motor Company has decided to launch new variants of Fortuner and Hilux. They are the Revo Rocco and the Fortuner Legender. These new variants will have some improvements with some new features. The Fortuner Legender The Fortuner Legender will have redesigned front bumper with dual projector LED…
The government announced to reduce cars in Pakistan by Rs 229,458 due to several tax measures in budget 2021. The car prices in Pakistan are already on the higher side and several tax measures in the budget have helped to reduce car prices. For vehicles up to 1000cc, the government has removed Federal Excise Duty…