Pakistan’s automotive industry is witnessing a surge of new entrants and innovations, especially in the electric vehicle segment. Sazgar Engineering, a local car assembler, has launched the ORA 03 electric car in Pakistan. The ORA 03 is a product of the Chinese company Great Wall Motor and offers a range of features and specifications. Battery…
Kia Price Lock: Kia Pakistan has recently announced a special offer for its customers who are looking for a new car. The company is offering immediate delivery and price lock on four of its models: Picanto, Stonic, Sportage, and Sorento. This means that customers can get their desired car without waiting for months and also…
gold prices in Pakistan: In the world of investments and precious metals, gold has always been a symbol of stability and value. However, recent events in Pakistan have sent shockwaves through the market as the price of gold has experienced a sharp decline for the second consecutive day, reaching its lowest level in months. In…
Yamaha bike price hike: Yamaha, a prominent player in the motorcycle industry, has decided to surprise the public with an unexpected Independence Day gift, albeit one that’s causing quite a stir. The company has once again increased the prices of its bikes, following a pattern of frequent price hikes. The first hint of Yamaha’s price…
SpaceX historic 62 missions: SpaceX, the aerospace manufacturer and space transportation company founded by Elon Musk, has once again made headlines with its remarkable achievements in space exploration. In a span of just 16 months, the company has set a new annual launch record, completing a total of 62 successful missions. This accomplishment not only…
Petrol Price Overtakes Dollar: The caretaker government on Thursday announced an increase in the prices of petroleum products, taking the price of petrol to an all-time high of Rs. 305.36 per liter. At the last fortnightly review of petroleum prices on August 15, the newly installed caretaker government increased the price of petrol by Rs….
ChatGPT boosts Nvidia revenue: In a stunning turn of events, Nvidia, a global leader in visual computing and AI technology, has managed to double its revenue within a single year. While this might seem like an extraordinary accomplishment in itself, the driving force behind this meteoric rise has been Nvidia’s strategic integration of ChatGPT, an…
Toyota shuts down plant: Toyota Indus Motor Company (IMC), one of the leading automakers in Pakistan, has announced a series of non-production days (NPDs) due to inventory shortage and low demand. In an official notification to the Pakistan Stock Exchange (PSX), the company stated that it would shut down its car assembly plant from August…
NEPRA has approved a hike of Rs. 5.40 per unit in power tariff for the fourth quarter of FY23. All consumers, except Lifeline and K-Electric customers, will be impacted by this and will pay it over three months. The ex-Wapda distribution companies (XWDISCOs) had filed their requests for adjustments on account of capacity charges, transmission…
Tesla, a major player in the EV industry, faces a stock decline as it again lowers prices for its vehicles in China. This action prompted investor and analyst discussions, questioning Tesla’s profitability and strategy in China’s highly competitive electric car market. The manufacturer announced 14,000 yuan ($1,929) discount on two Model Y models in China…
