Karachi, June 21, 2024 – Hub Power Company Limited (HUBCO) announced on Friday its foray into the electric vehicle (EV) business in Pakistan. The company communicated this strategic decision to the Pakistan Stock Exchange (PSX), revealing that its subsidiary, Hub Power Holding Company, will spearhead this venture through its associated entity, Mega Motor Company (Private) Limited, in collaboration with BYD Auto Industry Company.
(more…)Author: Faisal Shahnawaz
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Rupee Regains 9 Paisas to Dollar Amid Foreign Inflows
June 21, 2024 – The Pakistani Rupee regained 9 paisas against the US dollar on Friday, bolstered by foreign inflows from export receipts and remittances. Closing at PKR 278.51 per dollar, the rupee showed a slight improvement from the previous day’s PKR 278.60 in the interbank foreign exchange market.
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SBP Issues Foreign Exchange Rates as of June 21, 2024
Today, June 21, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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Pat Cummins Achieves Historic T20 World Cup Hat-Trick
Australia’s fast bowler Pat Cummins made history in Antigua on Thursday, becoming only the second Australian and seventh player overall to secure a hat-trick in an ICC Men’s T20 World Cup match.
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Australia Secure Victory Over Bangladesh in T20 WC Super Eight
In a crucial Super Eight encounter of the ICC Men’s T20 World Cup (WC), Australia triumphed over Bangladesh in a rain-affected match in Antigua, inching closer to the knockout stages.
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Bugatti Unveils Tourbillon, Successor to Chiron, Hybrid Powertrain
Bugatti has unveiled its latest marvel: the 2026 Tourbillon hypercar. Serving as the successor to the legendary Chiron, this new flagship model sets a new standard in automotive innovation and luxury.
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Bugatti Unveils Hybrid Hypercar with Unique Mechanical Gauges
Bugatti has once again pushed the boundaries of automotive innovation with the introduction of its latest masterpiece, the 2026 Bugatti Tourbillon.
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Xiaomi’s First SUV Spotted Testing, Launch Expected by 2025
Recent spy shots from carnewschina have unveiled Xiaomi’s highly anticipated entry into the SUV market, with the company’s first SUV undergoing rigorous road tests in China.
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Toyota Recalls Grand Highlander, Lexus TX for Airbag Issues
Toyota has issued a voluntary recall affecting around 145,000 units of its 2024 Toyota Grand Highlander and Lexus TX mid-size SUVs across the United States.
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Toyota LC 300 is Ultimate SUV for Performance & Versatility
The Toyota Land Cruiser 300 stands out for its unmatched durability, reliability, and superior off-road capabilities, making it a favorite among SUV enthusiasts in the country.
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