Sale and purchase of property by non-filers: Senate body approves increase in advance tax ISLAMABAD: The Senate Standing Committee on Finance and Revenue has approved increase in the advance tax from two to... Published 22 Jun, 2022 07:35am
Business & Finance Federal budget: Traders, tax experts give mixed response KARACHI: Although the federal budget 2022-23 is a balanced budget, but it will neither gain investors’ confidence... Published 11 Jun, 2022 06:08am
Business & Finance US expands safety probe into Tesla Autopilot NEW YORK: US regulators expanded a probe into Tesla’s “Autopilot” system, moving the investigation closer to a... Published 10 Jun, 2022 06:16am
Markets Solid Power aims to ship first solid-state battery cells by year-end to BMW, Ford Solid Power, a developer of solid-state batteries for electric vehicles, aims to begin shipping pre-production... Published 06 Jun, 2022 05:36pm
Technology Britain’s electric car charge faces battery challenge BLYTH: Britain risks falling behind in the race to establish an electric car industry if it can’t build more battery... Published 31 May, 2022 12:46pm
Markets Tesla plans to ramp up to pre-lockdown output in Shanghai by Tues-memo SHANGHAI: Tesla Inc plans to restore production at its Shanghai plant to the level at which it had operated before... Published 23 May, 2022 04:49pm
Business & Finance Hyundai Motor Group to invest more than $10 billion in US up to 2025 SEOUL: Hyundai Motor Group said on Sunday it would invest an additional $5 billion in the United States by 2025 to... Published 22 May, 2022 10:20am
Business & Finance Ford makes U-turn, shelves plans for EV exports from India NEW DELHI: Ford Motor Co said on Thursday it had dropped plans to make electric vehicles (EVs) in India for exports,... Published 13 May, 2022 05:59am
Markets Volkswagen to build 800,000 fully-electric cars this year BERLIN: Volkswagen is planning to build 800,000 fully electric cars worldwide this year and 1.3 million in 2023, the... Published 12 May, 2022 06:07pm
Business & Finance Tesla halts most output at Shanghai plant, April sales dive SHANGHAI: Tesla Inc has halted most of its production at its Shanghai plant due to problems securing parts for its... Published 11 May, 2022 04:58am
Business & Finance Stellantis won’t race to split electric vehicles from fossil fuel cars MILAN: Stellantis is not considering splitting its electric vehicle (EV) business from its legacy combustion engine... Published 06 May, 2022 05:03am
Business & Finance Nikola posts wider quarterly loss as production costs rise LONDON: Nikola Corp reported wider quarterly losses on Thursday, with the electric-truck maker incurring higher ... Published 06 May, 2022 05:03am
Business & Finance US to spend more than $3bn on EV battery manufacturing: White House WASHINGTON: The Biden administration will allocate more than $3 billion in infrastructure funding to finance... Published 03 May, 2022 03:00am
Markets India’s Tata aims to build 80,000 electric vehicles this financial year NEW DELHI: Tata Motors expects to aggressively ramp up annual production of electric vehicles (EVs) to more than... Published 28 Apr, 2022 04:59pm
Technology Giga-casting and robots: How Volkswagen’s Trinity aims to catch up with Tesla BERLIN: As Tesla kicks off production at its new German plant this month, Volkswagen is weeks away from finalising... Published 31 Mar, 2022 01:22pm
Business & Finance Evergrande electric vehicle arm to start taking car orders ‘imminently’ HONG KONG: China Evergrande New Energy Vehicle Group said it will start accepting orders for its inaugural electric... Published 28 Mar, 2022 01:24pm
Opinion When it comes to oil, the global economy is still hooked The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine... Published 26 Mar, 2022 04:13am
Technology Inside China’s electric drive for swappable car batteries DETROIT/BEIJING: A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with... Published 25 Mar, 2022 11:37am
Markets Mercedes takes on Tesla with new US battery plant, electric SUV TUSCALOOSA: Mercedes-Benz AG opened its first US electric vehicle (EV) battery factory on Tuesday and said Japanese... Published 15 Mar, 2022 09:05pm
Business & Finance Volkswagen reimagines classic camper for the electric age FRANKFURT: Seventy years after its first model rolled off the factory line, Volkswagen is reinventing the VW bus,... Published 14 Mar, 2022 06:00am
Business & Finance The troubled California factory at Tesla’s core SAN FRANCISCO: Tesla can hardly make enough electric vehicles to meet booming demand, but behind the world’s most... Published 14 Feb, 2022 06:47am
Business & Finance Nissan alliance to invest $25bn in electric vehicles over 5 years TOKYO: The Nissan auto alliance said Thursday it will invest 23 billion euros ($25.7 billion) in electric vehicles... Published 31 Jan, 2022 07:10am
World India's Delhi government proposes making 25% of new cab registrations electric NEW DELHI: The Delhi city-state government has proposed mandating a quarter of new cab registrations to be electric... Published 24 Jan, 2022 08:22pm
Business & Finance Renault, Nissan, Mitsubishi to unveil 2030 EV plan this week Renault SA, Nissan Motor Co and Mitsubishi Motors Corp plan to triple their investment to jointly develop electric... Published 23 Jan, 2022 08:06pm
Print China to scrap subsidies for electric vehicles BEIJING: China will end subsidies for electric and hybrid cars at the end of the year, authorities have announced,... Published 02 Jan, 2022 05:05am
Business & Finance Russian start-up aims to bring mobile EV superchargers to London MOSCOW: Russian start-up L-charge plans to bring its mobile superchargers for electric vehicles to London in 2022,... Published 24 Dec, 2021 05:43am
Business & Finance German carmakers race to retrain workforce for electric age WOLFSBURG: After her apprenticeship at Volkswagen, Michelle Gabriel was a master at welding, cutting, bending and... Published 12 Dec, 2021 11:11am
Print Electric vehicles, kits: sales tax exemptions retained ISLAMABAD: The government has decided to retain sales tax exemptions on electric vehicles and kits imported by local... Updated 11 Dec, 2021 09:27am
Business & Finance GM aims to tackle chip shortage with new designs made in North America General Motors aims to tackle the global semiconductor shortage with new designs built in North America, President... Updated 18 Nov, 2021 11:23pm
Business & Finance GM to launch 10 EVs in South Korea by 2025; no local manufacturing plans yet SEOUL: General Motors Co will launch 10 electric vehicles (EVs) in South Korea by 2025, but has no plans yet to... Published 12 Nov, 2021 06:44pm