Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting on New Energy Vehicle (NEV) Policy 2025 at the Finance Department today. The policy aims to address key challenges in the adoption and production of electric vehicles (EVs) and set ambitious targets for the transition to clean energy in the transportation sector. The … Read more
According to the China Passenger Car Association (CPCA), China’s automobile exports are expected to slow in 2025 after maintaining its position as the world’s largest automobile exporter for the second consecutive year in 2024. Export growth is expected to decline to 10%, with electric vehicle shipments expected to stagnate, CPCA Secretary-General Cui Dongshu said on … Read more
Tesla reported a record year in China with sales exceeding 657,000 vehicles in 2024, representing an 8.8% increase compared to the previous year. Despite this strong performance in the world’s largest auto market, global Tesla deliveries fell for the first time, falling 1.1% year-on-year to 1.79 million vehicles. China accounted for 36.7% of Tesla’s global … Read more
Chinese company ADM Group has announced a $350 million investment in Pakistan’s electric vehicle sector, with support from the Special Investment Facilitation Council (SIFC), according to Radio Pakistan. The initiative aims to develop the ecosystem for electric vehicles, reduce carbon emissions, and reduce dependence on traditional fuel. As part of this investment, 3,000 charging stations … Read more
With Tesla electric car sales slowing, CEO Elon Musk is now focusing on a future in which Tesla cars drive themselves as robotaxis. Musk hopes that, with Donald Trump as president-elect, he can influence regulations to facilitate Tesla’s launch of these self-driving vehicles. Right now, Tesla faces a complex set of rules that vary from … Read more