The Punjab government has proposed wide-ranging fiscal reforms in its Finance Bill 2026-27, aiming to increase provincial revenue, expand the tax base and improve documentation across multiple sectors. The proposed measures include higher taxes on vehicles, revisions to service taxes, changes in property taxation and new incentives designed to support electric vehicles, businesses and agriculture. […]
electric vehicles
China sees drop in petrol consumption
China has recorded a decline in petrol consumption, with overall demand falling by 5.5 percent, according to recent reports highlighting shifting energy trends in the world’s second-largest economy. Officials and industry observers attribute the decrease to a combination of global and domestic factors, including rising international oil prices linked to geopolitical tensions and policy shifts […]
Pakistan plans gradual shift to electric transport
Pakistan PM Shehbaz Sharif has directed a gradual nationwide transition towards electric vehicles (EVs) transport as part of a broader strategy to strengthen energy security and promote sustainable development. Read More: PM Shehbaz pushes fast EV adoption plan The directive was issued during a high-level meeting on energy security held in Islamabad, where the prime […]
Rising petrol prices drive surge in electric vehicles sales
A sharp increase in global petrol prices amid tensions linked to the Iran war has significantly influenced consumer behavior across Europe, accelerating the shift toward electric vehicles (EVs). The surge in fuel costs has made traditional petrol-powered cars more expensive to operate, prompting many buyers to consider cleaner and more cost-efficient alternatives. Read More: Ex-PM […]
ITP adds 15 electric vehicles to fleet, moves towards eco-friendly policing
Islamabad Traffic Police (ITP) has inducted 15 electric BYD Atto 2 vehicles into its fleet as part of its move towards eco-friendly policing and clean energy adoption in the federal capital. An ITP official told APP on Sunday that the addition of electric vehicles reflects a positive step towards modern policing and environmental sustainability. He […]
A Defining Moment for EV Policy
Pakistan’s transition toward electric mobility has entered a decisive phase, and the recent debate surrounding the classification of Range Extended Electric Vehicles (REEVs) has become a defining test of whether national policy will be guided by global standards and long-term national interest, or by the short-term concerns of a small segment of legacy industry players. […]
Million-mile EV battery could change driving forever
China has taken a major step in electric vehicle innovation as Contemporary Amperex Technology Co Limited has unveiled its new CATL 5C ultra-fast-charging battery, which claims to extend battery life more than six times beyond current industry standards. The development aims to address one of the biggest concerns for EV users, which is long-term battery […]
Tesla to invest $20 billion in Cybercab, Optimus robots, and new ventures
Tesla has announced plans to invest a record $20 billion in 2026, more than doubling last year’s capital expenditure, as the company pivots from traditional electric vehicle sales to futuristic projects, including fully autonomous vehicles and humanoid robots. Read More: Tesla model Y fails school bus safety test, hits child-sized dummies CEO Elon Musk confirmed that […]
Tesla removes Autopilot from entry-level US models
Tesla has removed its Autopilot feature as a standard offering for new Model Y and Model 3 vehicles in the United States, a move widely seen as part of CEO Elon Musk’s strategy to push customers toward the company’s Full Self-Driving (FSD) subscription service. Read More: Tesla’s governance autopilot heads for disaster According to Tesla’s official website, new […]
Germany reinstates electric car subsidies to boost EV market
BERLIN: Germany on Monday reintroduced subsidies for electric vehicles (EVs) in a bid to accelerate the country’s transition to cleaner, less polluting cars, drawing praise from industry groups but criticism from environmentalists. Read More: Ford’s €4.4B lifeline: A bold move to save German operations Sales of EVs in Europe’s largest auto market have grown in recent years, […]