Sep 6

Automotive, World

Honda plans to launch 30 models of electric vehicles

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 […]

by Hamza Shahnawaz

Chevrolet unveils all-electric 2024 Blazer EV

Jul 20

Automotive, World

Chevrolet unveils all-electric 2024 Blazer EV

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 […]

by Faisal Shahnawaz

Sep 8

Automotive, National

PM praises investment of Toyota Motors

ISLAMABAD: Prime Minister Imran Khan on Wednesday praised Toyota Motors for investing $100 million for locally production of hybrid electric vehicles.

by Faisal Shahnawaz

4×4 electric motor vehicles allowed duty, tax concessions

Feb 16

Taxation

4×4 electric motor vehicles allowed duty, tax concessions

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 […]

by Mrs. Anjum Shahnawaz

Import of heavy electric vehicles allowed at 1 percent customs duty

Jul 19

Pakistan Customs

Import of heavy electric vehicles allowed at 1 percent customs duty

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 […]

by Mrs. Anjum Shahnawaz

Locally manufactured two-, three electric wheelers proposed 1pc sales tax for seven years

Dec 1

Automotive

Locally manufactured two-, three electric wheelers proposed 1pc sales tax for seven years

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 […]

by Mrs. Anjum Shahnawaz

Electric vehicles to reduce 60pc fuel cost: Amin Aslam

Nov 28

Automotive

Electric vehicles to reduce 60pc fuel cost: Amin Aslam

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 […]

by Mrs. Anjum Shahnawaz

Electric vehicles to help in saving $2 billion oil import payment: adviser

Nov 21

Automotive

Electric vehicles to help in saving $2 billion oil import payment: adviser

ISLAMABAD: The launch of electric vehicles in the country will help the country to save around $2 billion foreign exchange, which is spend on annually on oil import, Malik Amin Aslam, Prime Minister’s Adviser on Climate Change, said on Thursday. Besides, adopting electric vehicle, the consumers could save over 30 percent cost of vehicle maintenance, […]

by Mrs. Anjum Shahnawaz