In a bid to promote sustainable development and harness the potential of renewable energy resources, Governor of Punjab and Chancellor of Public Sector Universities, has called upon universities to take the lead in developing electric vehicles.
Honda has announced that it will unveil the world premiere of prototype models of its second series of “e:N Series” electric vehicles (EVs) at the 20th Shanghai International Automobile Industry Exhibition in Shanghai, China.
Lexus launched new electric car UX 300e with the evolution of the brand’s first production Battery Electric Vehicle (BEV) model. The updated UX 300e joins the new UX 200/250h announced earlier this year, with deliveries scheduled to begin in 2023. Since the 2005 launch of the RX 400h, the world’s first hybrid SUV, Lexus has […]
TOKYO, Japan: Honda Motor Co., Ltd. (Honda) is planning to launch 30 models of Electric Vehicles globally by 2030, according to a statement issued on Tuesday September 6, 2022. The company on Tuesday announced that it has established a strategic partnership with Hanwa Co., Ltd. (Hanwa), a major Japan-based trading company, toward stable procurement of […]
DETROIT: Chevrolet revealed the all-electric 2024 Blazer EV on Wednesday expanding the growing electric vehicle (EV) portfolio. The car makes the ownership more accessible and driving Chevy into the heart of the growing midsize electric crossover segment. Multiple distinct trims, multiple range options — Including an available GM-estimated range of up to 320 miles on a […]
ISLAMABAD: Prime Minister Imran Khan on Wednesday praised Toyota Motors for investing $100 million for locally production of hybrid electric vehicles. A delegation of Toyota Indus Motors Company Pakistan called on Prime Minister Imran Khan. The meeting was attended by Vice Chairman Shinji Yanagi and Chief Executive Officer (CEO) Ali Asghar Jamali. The meeting was […]
ISLAMABAD: The recently promulgated Tax Laws (Amendment) Ordinance, 2021 has granted concessions to 4×4 electric motor vehicles on import of units in both Completely Built Up (CBU) and Completely Knocked Down (CKD) conditions. The federal cabinet recently allowed duty and tax concessions to 4×4 electric vehicles. Earlier the concession was available to two-wheelers and three-wheelers […]
ISLAMABAD: Federal Board of Revenue (FBR) has allowed import of heavy electric vehicles at one percent customs duty. Through Finance Act, 2020 the duty at one percent has been made part of Customs Act, 1969. According to the Finance Act, 2020 the imports of electric buses, electric trucks and electric prime movers have been allowed […]
ISLAMABAD: All two and three wheelers manufactured under Electric Vehicle Policy will sold at less than one percent sales tax for next seven years to bring the purchase price of EVs down, according to the policy. However, all two and three-wheeler EV’s imported shall be sold at one percent sales tax for the next five […]
KARACHI: The use of electric vehicles will reduce fuel cost by 60 percent and it will also resolve environmental issues caused by pollution, Malik Amin Aslam, Advisor to Prime Minister for Climate Change, said on Thursday. Addressing at a press conference, Amin Aslam said that the government had approved first ever Electric Vehicle Policy and […]